Universal Technical Institute (UTI) Operating Expenses (2010 - 2026)
Universal Technical Institute (UTI) recorded quarterly Operating Expenses of $221.1 million in Q1 2026, up 7.75% quarter-over-quarter from $205.2 million in Q4 2025, and up 15.99% on a YoY basis from $190.6 million in Q1 2025.
Universal Technical Institute (UTI) Operating Expenses (2010 - 2026) Analysis & Trends
Universal Technical Institute's Operating Expenses history runs 17 years deep, the most recent figure standing at $221.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 15.99% year-over-year to $221.1 million; the TTM figure through Mar 2026 stood at $813.8 million (up 15.45% YoY), while the FY2025 annual figure was $752.1 million, up 11.63% from the prior year.
- Operating Expenses was $221.1 million for Q1 2026 at Universal Technical Institute, up from $205.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $221.1 million in Q1 2026 to a low of $98.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $161.4 million across 5 years, with a median of $170.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 59.94% in 2023, then rose 6.49% in 2024.
- A 5-year view of Operating Expenses shows it stood at $115.6 million in 2022, then soared by 38.86% to $160.5 million in 2023, then grew by 8.41% to $174.0 million in 2024, then climbed by 17.94% to $205.2 million in 2025, then rose by 7.75% to $221.1 million in 2026.
- The last three Operating Expenses figures came in at $221.1 million (Q1 2026), $205.2 million (Q4 2025), and $197.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 11.13 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 1.18 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 395.69 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 213.30 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 395.25 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 221.06 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 158.62 Mn |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 154.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 80.72 Mn |