Universal Technical Institute (UTI) Operating Expenses (2010 - 2026)
Universal Technical Institute (UTI) recorded Operating Expenses of $215.66 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 13.4% from $190.15 million a year earlier but down 2.4% from the prior quarter.
Universal Technical Institute (UTI) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Universal Technical Institute's Operating Expenses came in at $839.34 million as of Jun 30, 2026, up 15.8% year-over-year; for FY2025 (ended Sep 30, 2025), it was $752.15 million, up 11.6% from FY2024.
- Annual Operating Expenses has increased for five straight fiscal years, with a five-year compound annual growth rate of 19.8% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $673.8 million in FY2024 (+15.0%), $586.01 million in FY2023 (+47.8%), $396.39 million in FY2022 (+23.8%) and $320.14 million in FY2021 (+5.1%).
- Quarterly Operating Expenses has ranged from $84.7 million in fiscal Q4 2021 to $221.06 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for 21 consecutive quarters, with growth averaging 12.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 6.5% (fiscal Q4 2024) to 59.9% (fiscal Q2 2023).
- Per Business Quant, the preceding three fiscal quarters came in at $221.06 million (Q2 2026), $205.16 million (Q1 2026) and $197.46 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 41.78 Mn |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 1.44 Bn |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 301.00 Mn |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 14.24 Mn |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 1.22 Bn |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 405.94 Mn |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 103.10 Mn |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 108.00 Mn |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 111.43 Mn |
| 10 | Universal Technical Institute | 1.13 Bn | 468.28 Mn | 100.57 Mn | 215.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.66 Mn |
| Mar 31, 2026 | 221.06 Mn |
| Dec 31, 2025 | 205.16 Mn |
| Sep 30, 2025 | 197.46 Mn |
| Jun 30, 2025 | 190.15 Mn |
| Mar 31, 2025 | 190.59 Mn |
| Dec 31, 2024 | 173.95 Mn |
| Sep 30, 2024 | 170.34 Mn |
| Jun 30, 2024 | 170.01 Mn |
| Mar 31, 2024 | 172.98 Mn |
| Dec 31, 2023 | 160.46 Mn |
| Sep 30, 2023 | 159.96 Mn |
| Jun 30, 2023 | 152.62 Mn |
| Mar 31, 2023 | 157.87 Mn |
| Dec 31, 2022 | 115.56 Mn |
| Sep 30, 2022 | 107.17 Mn |
| Jun 30, 2022 | 99.01 Mn |
| Mar 31, 2022 | 98.71 Mn |
| Dec 31, 2021 | 91.50 Mn |
| Sep 30, 2021 | 84.70 Mn |
Universal Technical Institute Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();