Universal Technical Institute, Inc. reports developments across workforce education programs in transportation, skilled trades, electrical, energy and healthcare. The company operates through its UTI division and Concorde Career Colleges, with news commonly covering quarterly results, enrollment and growth initiatives, campus expansion plans, and financial outlook updates.
Company announcements also describe employer and supplier partnerships tied to training programs, including Work and Learn arrangements, collision repair and aviation program support, and broader career and technical education themes for skilled-collar and healthcare occupations.
Universal Technical Institute (UTI) is piloting myKaarma’s digital vehicle-inspection software in automotive technician training at its Atlanta campus. myKaarma is providing the software at no cost for the pilot. Students will be introduced to the platform as they advance through their courses. In the capstone course, they will use it for full inspections, repair recommendations, and parts and labor estimates.
Universal Technical Institute (UTI), through its Concorde Career Colleges brand, and Heartland Dental have announced the 2026 Heartland Dental Hygiene Scholarship recipients. Heartland Dental is awarding a total of $34,500 in scholarships to 23 Concorde dental hygiene students across participating campuses, with each recipient receiving $1,500.
This is the fifth consecutive year that Heartland Dental has provided scholarships to Concorde students as part of a broader workforce strategy to support the pipeline of skilled dental hygienists. The collaboration also includes company-sponsored dental hygiene labs, graduate pinning ceremonies, pediatric dental events and support linked to the opening of the Concorde–Fort Myers campus.
Universal Technical Institute (UTI) has opened its new UTI-San Antonio campus, the company’s seventh location in Texas and its first campus dedicated exclusively to skilled trades training programs.
The campus, which opened in the spring, has seen stronger-than-expected demand, with new student starts approximately 25% ahead of the launch model. At scale, it is expected to serve up to 800 students. Programs offered include aviation, welding, HVACR, electrical, industrial maintenance, robotics and wind energy. Public officials, community leaders and employer partners attended a ribbon-cutting ceremony recognizing UTI’s role in supporting Texas workforce development needs.
Universal Technical Institute (NYSE: UTI) announced that four campuses in California, Arizona and Texas were recognized by the Accrediting Commission of Career Schools and Colleges (ACCSC) in the 2025-2026 accreditation cycle.
According to the company, UTI-Avondale, UTI-Phoenix and UTI-Rancho Cucamonga received ACCSC’s prestigious School of Excellence award. Of 216 applications, only 18 institutions—around 8%—earned this honor. UTI-Houston received the School of Distinction award, one of only 8 institutions recognized. ACCSC, recognized by the U.S. Department of Education, grants these awards to institutions demonstrating exceptional achievement, educational quality and strong commitment to student success.
Universal Technical Institute (NYSE: UTI) entered into a new senior secured revolving credit agreement with a bank syndicate led by Fifth Third Bank, with JPMorgan Chase, Truist, Citi and PNC as lenders. The facility replaces the prior Fifth Third credit facility and increases total revolving capacity to $200 million from $125 million, including a $15 million swingline sublimit and a $75 million letter of credit sublimit, up from $20 million.
The agreement also allows up to $75 million in uncommitted incremental facilities and carries a five-year term expiring in August 2031. According to Universal Technical Institute, the revolver is expected to support working capital, internal initiatives, acquisitions and other activities tied to its North Star Strategy.
Universal Technical Institute (NYSE: UTI) has celebrated the expansion of its UTI-Dallas campus in Coppell, Texas, with a ribbon-cutting event attended by public officials, community leaders and employer partners. The expanded location adds 125,000 square feet of training space, including 15 classrooms, 6 labs and 16 combined classroom/lab environments.
According to Universal Technical Institute, the added capacity enables UTI-Dallas to serve nearly 1,000 more students in aviation, HVACR, electrical and energy-related fields, alongside existing automotive, diesel and welding programs. UTI-Dallas, opened in 2010, has produced 10,475 graduates to date and is part of a broader Texas campus network in transportation, skilled trades and healthcare education.
Universal Technical Institute (NYSE: UTI) reported fiscal 2026 Q3 revenue of $218.9 million, up 7.2% year over year, with net income of $2.3 million and Adjusted EBITDA of $18.2 million, both lower due to about $9.0 million of strategic growth expenses.
Average full-time active students rose 5.8% to 25,131 and total new student starts increased 10.9% to 6,342. The new UTI-Atlanta campus opened in July with initial starts roughly 30% above company expectations, supporting the North Star growth and diversification strategy and a planned multi-year transition to a unified operating model.
For the nine months ended June 30, 2026, revenue grew 7.8% to $661.2 million, while net income declined to $15.5 million. At quarter-end, UTI reported total liquidity of $180.5 million and total debt of $160.0 million.
The company revised its fiscal 2026 outlook: revenue to $893–$900 million (from $905–$915 million), net income to $32–$36 million, Adjusted EBITDA to $100–$103 million, and Adjusted free cash flow to $(20)–$0 million, while tightening new student starts guidance to 31,900–32,300.
Universal Technical Institute (NYSE: UTI) has opened UTI-Atlanta, its first comprehensive Georgia campus and second new campus of 2026, advancing its multi-phase North Star growth strategy. Located in Smyrna, the 117,000-square-foot facility is designed to serve up to 1,500 students at scale.
The campus offers hands-on programs in automotive, diesel, aviation, electrical, robotics and automation, HVACR and welding, supported by specialized labs. According to Universal Technical Institute, North Star Phase II includes plans to open multiple campuses annually from 2026–2029 and launch 10–20 new programs per year at existing locations.
Universal Technical Institute (NYSE: UTI) announced that Chief Human Resources Officer Carolyn Frank has been named a 2026 Phoenix Titan 100, a program honoring 100 leading CEOs and C-suite executives in the Phoenix area for leadership, vision, passion and influence.
According to Universal Technical Institute, over the past three years Frank has led the shift from a decentralized to a centralized, enterprise-wide HR function, establishing Centers of Excellence, restructuring talent acquisition, centralizing learning and development, implementing enterprise HR systems, and adding organizational change management practices. The 2026 Phoenix Titan 100 Awards celebration is scheduled for September 24 in Phoenix.
Universal Technical Institute (NYSE: UTI) will hold a conference call on Wednesday, August 5, 2026, at 4:30 p.m. Eastern time to review fiscal third quarter 2026 results for the period ended June 30, 2026. CEO Jerome Grant and CFO Bruce Schuman will host, with a Q&A session and both live webcast and telephonic replay available through August 19, 2026.