Universal Technical Institute Inc. reported financial results for the first quarter (Q1) of fiscal year 2026. Revenue reached USD 220.8 million, representing a 9.6 percent increase. Net income for the period was USD 12.8 million, with basic and diluted earnings per share $(EPS)$ of USD 0.24 and USD 0.23, respectively. Adjusted EBITDA was USD 27.1 million, reflecting a 23.5 percent decrease, primarily due to USD 7.6 million in strategic growth investments. Average full-time active students increased by 7.2 percent, and total new student starts were 5,449 for the quarter. Management highlighted strong performance in revenue growth, student enrollment, and strategic reinvestments supporting the company’s North Star strategy. The company reiterated its fiscal 2026 growth targets, citing continued demand for its programs and the scalability of its model.
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