Q2 Revenue of $221.4M Exceeds Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy UTI?
Reports Q2 revenue $221.4M, consensus $221.16M. "Our performance throughout the first half of the year continued to meet and exceed expectations, driven by sustained demand across both divisions and progress on our North Star initiatives, further reinforcing our confidence in the trajectory of the business," said Jerome Grant, CEO. "In conjunction, the opportunity in front of us is expanding as the world enters a generational shift in the labor market. Advancements in artificial intelligence are accelerating demand for the skilled workforce required to build, maintain, and operate the infrastructure behind this new economy. From data centers and energy systems to advanced manufacturing and healthcare delivery, we are well positioned at the center of these evolving needs. We are not only training students for today's jobs but also preparing them for the AI-enabled workforce of the future. As we continue capitalizing on this demand, we believe the actions we are taking in FY26 will not only support near term growth but will also create incremental enrollment and earnings upside in FY27 and beyond."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy UTI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on UTI
Wall Street analysts forecast UTI stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 35.490
Low
36.00
Averages
37.00
High
38.00
Current: 35.490
Low
36.00
Averages
37.00
High
38.00
About UTI
Universal Technical Institute, Inc. is a workforce solutions provider of transportation, skilled trades and healthcare education programs. Its segments include Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde). UTI segment operates 16 campuses located in nine states and offers a range of degree and non-degree transportation and skilled trades technical training programs under brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. UTI also offers manufacturer specific advanced training programs, including student-paid electives, at its campuses and manufacturer or dealer-sponsored training at certain campuses and dedicated training centers. Concorde segment operates 17 campuses located in eight states and online, offering degree, non-degree, and continuing education programs in the allied health, dental, nursing, patient care and diagnostic fields.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Universal Technical Institute Reports Strong Q2 2026 Earnings and Growth Outlook
- Student Enrollment Surge: UTI reported a 14% year-over-year increase in new student starts in Q2 2026, generating $221 million in revenue, reflecting strong demand and effective execution in the education market, thereby solidifying its competitive position.
- New Campus Success: The San Antonio campus, opened in March, exceeded enrollment plans by nearly 60% in its first two starts, with a projected mature run rate of 800 students, indicating the company's rapid adaptability and growth potential in new markets.
- Strong Financial Performance: Q2 revenue reached $221.4 million, up 6.7% year-over-year, with a net income of $400,000, demonstrating profitability amid ongoing investments, and indicating expectations for stronger revenue growth in the upcoming quarters.
- Optimistic Outlook: CFO reaffirmed fiscal 2026 revenue guidance of $905 million to $915 million, with anticipated earnings per share between $0.71 and $0.80, showcasing the company's confidence in future growth and sustained strong market demand.
See More
Herc Rentals Joins UTI Work and Learn Program to Support Students
- Partnership Announcement: Herc Rentals has joined Universal Technical Institute's (UTI) Work and Learn program, offering 20 to 30 hours of paid work experience, which enhances students' employability and market competitiveness while they study.
- Tuition Reimbursement Program: Participating students may receive up to $5,250 per year in tuition repayment, a $3,000 toolbox package, and relocation assistance, significantly reducing educational costs and facilitating a smooth transition into their careers post-graduation.
- Industry Support: As a full-service equipment rental company with over 60 years of experience and approximately 9,600 employees, Herc Rentals actively supports UTI students and alumni's career development by providing job opportunities related to automotive, diesel, and HVACR fields.
- Skilled Trades Outlook: UTI President Tracy Lorenz emphasized that the skilled trades offer strong career opportunities, and partnerships like this demonstrate employers' commitment to investing in the next generation of technicians, combining paid work experience with tuition reimbursement to help students overcome financial barriers and confidently enter long-term careers.
See More
Herc Rentals Joins UTI Work and Learn Program to Support Students
- Partnership Announcement: Herc Rentals has officially joined UTI's Work and Learn program, offering 20 to 30 hours of paid work experience, which helps students gain practical skills during their studies and enhances their employability.
- Tuition Reimbursement Program: Students participating in the program may receive up to $5,250 per year in tuition repayment, a $3,000 toolbox, and relocation assistance, significantly reducing education costs and facilitating a smooth transition into their careers after graduation.
- Industry Support: With over 60 years of industry expertise and approximately 9,600 employees, Herc Rentals actively supports UTI students and alumni's career development by providing paid work experience related to automotive, diesel, and HVACR fields, reflecting the company's commitment to nurturing technical talent.
- Market Demand: UTI Division President Tracy Lorenz emphasized that the skilled trades offer strong career opportunities, and this partnership not only demonstrates employers' investment in the next generation of technicians but also helps students overcome financial barriers by combining paid work experience with tuition reimbursement.
See More
UTI to Hold Q2 Financial Call on May 6, 2026
- Conference Call Announcement: UTI will hold a financial conference call on May 6, 2026, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal second quarter ended March 31, 2026, which is expected to significantly impact investor sentiment.
- Executive Participation: The call will be hosted by CEO Jerome Grant and CFO Bruce Schuman, followed by a Q&A session, enhancing engagement with investors and increasing transparency regarding company performance.
- Dial-in Information: Participants are advised to dial in 5-10 minutes prior to the start time using the toll-free number 1-844-881-0138 (U.S.) or 1-412-317-6790 (international), ensuring smooth access to the conference call.
- Replay Availability: A telephonic replay will be available after 8:00 p.m. Eastern time on the same day until May 20, 2026, with the replay numbers being 1-855-669-9658 (U.S.) and 1-412-317-0088 (international), providing convenience for those unable to attend live.
See More
George W. Brochick Sells Shares of Universal Technical Institute
- Transaction Overview: On March 17, 2026, George W. Brochick indirectly sold 5,000 shares of Universal Technical Institute (UTI) through the Brochick Family Trust for approximately $183,000, resulting in a 13.6% decline in his overall holdings.
- Holding Change Analysis: Post-transaction, Brochick retains 4,279 shares directly and 27,516 shares indirectly, and while the sale is slightly below his average of 6,000 shares sold per transaction since February 2025, it reflects his ongoing confidence in the company.
- Financial Performance Highlights: UTI reported $220.8 million in sales for the fiscal first quarter of 2026, up from $201.4 million the previous year, indicating strong demand and market potential in the technical education sector, which further supports the rise in its stock price.
- Market Outlook: UTI's stock reached a 52-week high of $39.06 in 2026, with a price-to-earnings ratio of 40; while this presents a good opportunity for selling shares, potential investors are advised to wait for a price dip before considering entry.
See More
Brochick Family Trust Sells UTI Shares Indirectly
- Sale Overview: On March 17, 2026, Director George Brochick indirectly sold 5,000 shares of Universal Technical Institute (UTI) through the Brochick Family Trust for approximately $183,000 at an average price of $36.59 per share, indicating his strategic timing in response to the rising stock price.
- Holding Analysis: This transaction represented 13.59% of Brochick's total holdings at the time, and post-sale, he retains 4,279 shares directly and 27,516 shares indirectly, totaling 31,795 shares, reflecting his ongoing confidence in the company.
- Financial Performance Highlights: UTI reported sales of $220.8 million for its fiscal first quarter ending December 31, 2026, up from $201.4 million the previous year, showcasing strong demand and a solid market position in technical education.
- Market Outlook: UTI plans to open new campuses to drive future revenue growth; although its price-to-earnings ratio has reached a high of 40, the current stock price increase makes selling shares a reasonable choice, while investors considering buying should wait for a price dip.
See More
Universal Technical Institute Reports Strong Q2 2026 Earnings and Growth Outlook
- Student Enrollment Surge: UTI reported a 14% year-over-year increase in new student starts in Q2 2026, generating $221 million in revenue, reflecting strong demand and effective execution in the education market, thereby solidifying its competitive position.
- New Campus Success: The San Antonio campus, opened in March, exceeded enrollment plans by nearly 60% in its first two starts, with a projected mature run rate of 800 students, indicating the company's rapid adaptability and growth potential in new markets.
- Strong Financial Performance: Q2 revenue reached $221.4 million, up 6.7% year-over-year, with a net income of $400,000, demonstrating profitability amid ongoing investments, and indicating expectations for stronger revenue growth in the upcoming quarters.
- Optimistic Outlook: CFO reaffirmed fiscal 2026 revenue guidance of $905 million to $915 million, with anticipated earnings per share between $0.71 and $0.80, showcasing the company's confidence in future growth and sustained strong market demand.
See More
Herc Rentals Joins UTI Work and Learn Program to Support Students
- Partnership Announcement: Herc Rentals has joined Universal Technical Institute's (UTI) Work and Learn program, offering 20 to 30 hours of paid work experience, which enhances students' employability and market competitiveness while they study.
- Tuition Reimbursement Program: Participating students may receive up to $5,250 per year in tuition repayment, a $3,000 toolbox package, and relocation assistance, significantly reducing educational costs and facilitating a smooth transition into their careers post-graduation.
- Industry Support: As a full-service equipment rental company with over 60 years of experience and approximately 9,600 employees, Herc Rentals actively supports UTI students and alumni's career development by providing job opportunities related to automotive, diesel, and HVACR fields.
- Skilled Trades Outlook: UTI President Tracy Lorenz emphasized that the skilled trades offer strong career opportunities, and partnerships like this demonstrate employers' commitment to investing in the next generation of technicians, combining paid work experience with tuition reimbursement to help students overcome financial barriers and confidently enter long-term careers.
See More
Herc Rentals Joins UTI Work and Learn Program to Support Students
- Partnership Announcement: Herc Rentals has officially joined UTI's Work and Learn program, offering 20 to 30 hours of paid work experience, which helps students gain practical skills during their studies and enhances their employability.
- Tuition Reimbursement Program: Students participating in the program may receive up to $5,250 per year in tuition repayment, a $3,000 toolbox, and relocation assistance, significantly reducing education costs and facilitating a smooth transition into their careers after graduation.
- Industry Support: With over 60 years of industry expertise and approximately 9,600 employees, Herc Rentals actively supports UTI students and alumni's career development by providing paid work experience related to automotive, diesel, and HVACR fields, reflecting the company's commitment to nurturing technical talent.
- Market Demand: UTI Division President Tracy Lorenz emphasized that the skilled trades offer strong career opportunities, and this partnership not only demonstrates employers' investment in the next generation of technicians but also helps students overcome financial barriers by combining paid work experience with tuition reimbursement.
See More
UTI to Hold Q2 Financial Call on May 6, 2026
- Conference Call Announcement: UTI will hold a financial conference call on May 6, 2026, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal second quarter ended March 31, 2026, which is expected to significantly impact investor sentiment.
- Executive Participation: The call will be hosted by CEO Jerome Grant and CFO Bruce Schuman, followed by a Q&A session, enhancing engagement with investors and increasing transparency regarding company performance.
- Dial-in Information: Participants are advised to dial in 5-10 minutes prior to the start time using the toll-free number 1-844-881-0138 (U.S.) or 1-412-317-6790 (international), ensuring smooth access to the conference call.
- Replay Availability: A telephonic replay will be available after 8:00 p.m. Eastern time on the same day until May 20, 2026, with the replay numbers being 1-855-669-9658 (U.S.) and 1-412-317-0088 (international), providing convenience for those unable to attend live.
See More
George W. Brochick Sells Shares of Universal Technical Institute
- Transaction Overview: On March 17, 2026, George W. Brochick indirectly sold 5,000 shares of Universal Technical Institute (UTI) through the Brochick Family Trust for approximately $183,000, resulting in a 13.6% decline in his overall holdings.
- Holding Change Analysis: Post-transaction, Brochick retains 4,279 shares directly and 27,516 shares indirectly, and while the sale is slightly below his average of 6,000 shares sold per transaction since February 2025, it reflects his ongoing confidence in the company.
- Financial Performance Highlights: UTI reported $220.8 million in sales for the fiscal first quarter of 2026, up from $201.4 million the previous year, indicating strong demand and market potential in the technical education sector, which further supports the rise in its stock price.
- Market Outlook: UTI's stock reached a 52-week high of $39.06 in 2026, with a price-to-earnings ratio of 40; while this presents a good opportunity for selling shares, potential investors are advised to wait for a price dip before considering entry.
See More
Brochick Family Trust Sells UTI Shares Indirectly
- Sale Overview: On March 17, 2026, Director George Brochick indirectly sold 5,000 shares of Universal Technical Institute (UTI) through the Brochick Family Trust for approximately $183,000 at an average price of $36.59 per share, indicating his strategic timing in response to the rising stock price.
- Holding Analysis: This transaction represented 13.59% of Brochick's total holdings at the time, and post-sale, he retains 4,279 shares directly and 27,516 shares indirectly, totaling 31,795 shares, reflecting his ongoing confidence in the company.
- Financial Performance Highlights: UTI reported sales of $220.8 million for its fiscal first quarter ending December 31, 2026, up from $201.4 million the previous year, showcasing strong demand and a solid market position in technical education.
- Market Outlook: UTI plans to open new campuses to drive future revenue growth; although its price-to-earnings ratio has reached a high of 40, the current stock price increase makes selling shares a reasonable choice, while investors considering buying should wait for a price dip.
See More
