UNIVERSAL TECHNICAL INSTITUTE, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $835.6M | $732.7M | $607.4M | $418.8M | $335.1M | $300.8M | $331.5M | $317.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $331.7M | $289.3M | $256.1M | $189.2M | $153.3M | $148.7M | $161.0M | $169.7M |
| Operating Income | $83.5M | $58.9M | $21.4M | $22.4M | $14.9M | $-3.9M | $-7.8M | $-35.3M |
| Operating Margin | 10.0% | 8.0% | 3.5% | 5.3% | 4.5% | -1.3% | -2.4% | -11.1% |
| Interest Expense | — | — | $9.7M | $2.0M | $365.0K | $10.0K | $3.2M | $3.3M |
| Pretax Income | $84.3M | $56.2M | $18.1M | $20.4M | $15.2M | $-2.6M | $-7.7M | $-35.7M |
| Income Tax Expense | $21.3M | $14.2M | $5.8M | $-5.4M | $602.0K | $-10.6M | $203.0K | $-3.0M |
| Net Income | $63.0M | $42.0M | $12.3M | $25.8M | $14.6M | $8.0M | $-7.9M | $-32.7M |
| Net Margin | 7.5% | 5.7% | 2.0% | 6.2% | 4.4% | 2.7% | -2.4% | -10.3% |
| EPS (Basic) | $1.16 | $0.77 | $0.13 | $0.39 | $0.17 | $0.05 | $-0.52 | $-1.51 |
| EPS (Diluted) | $1.13 | $0.75 | $0.13 | $0.38 | $0.17 | $0.05 | $-0.52 | $-1.51 |
| Shares Outstanding (Basic) | 54.3M | 49.4M | 34.0M | 33.2M | 32.8M | 29.8M | 25.4M | 25.1M |
| Shares Outstanding (Diluted) | 55.6M | 50.9M | 34.5M | 33.7M | 33.1M | 30.1M | 25.4M | 25.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |