Universal Technical Institute, Inc. filings document public-company reporting for a NYSE-listed workforce education provider with common stock traded under UTI. Recent Form 8-K reports furnish quarterly and annual results, Regulation FD investor presentations, financial supplements and campus-location announcements tied to the company's UTI and Concorde Career Colleges divisions.
Proxy and governance filings describe annual meeting matters, director elections, stockholder voting results and the company's amended Code of Conduct. The filing record also identifies the registered common stock, exchange listing, exhibit materials and governance disclosures used to report material events and corporate compliance matters.
UTI filed a Form 144 reporting the intended sale of up to 15,000 shares of Common Stock on or about 05/11/2026 on the NYSE. The filing lists multiple previously granted stock awards by date with specific award share counts, each described as Stock Award from the issuer.
Universal Technical Institute, Inc. reported higher revenue but sharply lower profits for the quarter and first half of fiscal 2026. For the three months ended March 31, 2026, revenue rose to $221.4 million, up 6.7% from a year earlier, driven by 7.2% growth in average full‑time active students and new program launches across both the UTI and Concorde segments.
However, income from operations fell to $0.3 million from $16.9 million as educational and selling, general and administrative expenses grew faster than revenue, including roughly $11 million of strategic growth spending in the quarter. Net income for the quarter declined to $0.4 million, compared with $11.4 million last year.
For the six months ended March 31, 2026, revenue increased to $442.2 million, up 8.2% year over year, with average full‑time active students up 7.2%. Income from operations decreased to $16.0 million from $44.3 million, and net income declined to $13.3 million from $33.6 million, reflecting higher compensation, marketing, facility, and credit loss costs tied to expansion. Cash and cash equivalents fell to $87.2 million from $127.4 million at September 30, 2025, while total debt increased to $131.0 million from $87.4 million as the company funded campus growth and capital expenditures.
Universal Technical Institute, Inc. reported fiscal 2026 second-quarter revenue of $221.4 million, up 6.7% from $207.4 million a year ago, driven by 7.2% growth in average full-time active students to 26,385 and 13.8% growth in new student starts to 7,569.
Net income fell to $0.4 million (basic and diluted EPS of $0.01) from $11.4 million, and operating income declined to $0.3 million from $16.9 million, primarily due to roughly $11 million of strategic growth expenses tied to new campus launches and program expansions.
Adjusted EBITDA decreased 51.0% to $14.1 million from $28.9 million, while six-month revenue rose 8.2% to $442.2 million and six-month net income declined to $13.3 million from $33.6 million as the company invested about $19 million in growth initiatives.
UTI ended March 31, 2026 with $202.4 million of available liquidity, including $87.2 million of cash and cash equivalents, $74.8 million of short-term investments and $40.4 million of undrawn revolving credit capacity, against total debt of $130.7 million.
Universal Technical Institute executive Christopher E. Kevane reported an open-market sale of company stock. On March 27, 2026, the EVP and Chief Legal Officer sold 23,654 shares of common stock at a weighted average price of $37.5461 per share. After this transaction, he directly holds 83,521 shares of Universal Technical Institute common stock.
UTI filed a Form 144 reporting the sale of 23,654 shares of Common Stock. The shares were issued as restricted stock vesting events: 15,041 shares vested on 12/08/2024 and 8,613 shares vested on 12/13/2024 The filing lists Fidelity Brokerage Services LLC and indicates the exchange NYSE.
Universal Technical Institute Inc Schedule 13G/A amendment shows The Vanguard Group reports 0 shares beneficially owned of Common Stock (CUSIP 913915104), representing 0% of the class. The filing explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538, with certain Vanguard subsidiaries reporting disaggregated ownership separately. The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
Universal Technical Institute director George W. Brochick, through the Brochick Family Trust, sold 5,000 shares of common stock in an open-market transaction at a weighted average price of $36.5877 per share.
After this sale, the trust holds 27,516 shares indirectly, and Brochick also reports 4,279 shares held directly. The reported price reflects multiple trades executed between $36.5801 and $36.70 per share.
Universal Technical Institute, Inc. held its Annual Meeting of Stockholders on March 12, 2026, where three Class I directors were elected to new three-year terms ending in 2029. Robert T. DeVincenzi received 42,766,191 votes for and 1,060,176 against, Jerome A. Grant received 43,261,353 votes for and 565,181 against, and Shannon L. Okinaka received 43,483,730 votes for and 342,609 against.
Stockholders also ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending September 30, 2026, with 47,432,220 votes for and 64,550 against. In addition, stockholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 43,438,346 votes for and 369,885 against.
Universal Technical Institute, Inc. reported that its board of directors approved an amended and restated Code of Conduct on March 11, 2026. The updated Code is intended to reflect current governance, ethics, and compliance best practices, streamline and align overlapping company policies, and make administrative and stylistic improvements.
The changes are described as non-substantive and do not represent a waiver of any provision of the prior Code of Conduct. The full Code of Conduct is available in the Corporate Governance section of the company’s website, and the brief description here is qualified by that full text.