10-K annual report · filed Nov 26, 2025

UNIVERSAL TECHNICAL INSTITUTE INC (UTI) FY2025 10-K Annual Report

Short answer

UNIVERSAL TECHNICAL INSTITUTE INC (UTI) filed its fiscal 2025 10-K annual report with the SEC on Nov 26, 2025. It reported revenue of $836M (+14.0% year over year) and net income of $63M.

  • Top risk flagged: Regulatory risk: Potential loss of Title IV federal student financial aid eligibility impacting 78% of revenue from government-sponsored programs

FY2025 key financial metrics · XBRL

Revenue
$836M
+14.0% YoY
Net income
$63M
+50.0% YoY
Operating margin
10.0%
+2.0 pp YoY
EPS (diluted)
$1.13
+50.7% YoY
ROE
19.2%
+3.1 pp YoY
Operating cash flow
$97M
+13.3% YoY

Source: XBRL data from the UNIVERSAL TECHNICAL INSTITUTE INC (UTI) FY2025 10-K on SEC EDGAR. USD.

UNIVERSAL TECHNICAL INSTITUTE INC FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business: Workforce education provider specializing in hands-on training for transportation, skilled trades, energy, and healthcare sectors via two divisions, UTI and Concorde
  • New emphasis: December 2022 acquisition of Concorde Career Colleges expanded healthcare education segment, adding 17 campuses and 13 program expansions
  • Strategic shift: Diversification into healthcare education and geographic expansion with two new campuses under construction for 2026 opening
  • Quantitative highlight: 15 UTI campuses in 9 states and 17 Concorde campuses in 8 states; UTI launched 23 new programs over last three years
  • Noteworthy fact: Approximately 58% of active UTI students received institution-funded scholarships or grants in FY2025, supporting affordability and access

Management Discussion & Analysis

  • Two segments: Universal Technical Institute (15 campuses, skilled trades), Concorde Career Colleges (17 campuses, healthcare), no performance data provided
  • Cash flow, buybacks, dividends, capex details absent in text
  • Forward-looking statements noted; risks mentioned but no specific guidance or emerging risks disclosed

Risk Factors

  • Regulatory risk: Potential loss of Title IV federal student financial aid eligibility impacting 78% of revenue from government-sponsored programs
  • Geopolitical/macroeconomic risk: Expansion into Texas and Georgia campuses pending regulatory approvals risks delays that could impact 2026 openings
  • Operational risk: Credit losses provision increased by $13.6 million due to revenue and student volume growth, raising credit risk on proprietary loan program
  • Competitive risk: Introduction of Tesla's START Collision Repair program in 2025 at Long Beach campus to compete with emerging EV training providers
  • Financial risk: Interest expense of $5.6 million on revolving credit facility and term loans, despite repayments reducing outstanding balances in fiscal 2025

Generated from the filing text; verify against the original. How to read a 10-K

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