Universal Technical Institute reported a strong first quarter in fiscal year 2025, with revenue increasing by 15.3% to $201.4 million and net income increasing by 113.2% to $22.2 million. The company also raised its full-year guidance for all key metrics.
Revenue of $201.4 million, a 15.3% increase year-over-year.
Total new student starts grew 22.3% and average full-time active students grew 11.1% year-over-year.
Net income of $22.2 million, a 113.2% increase year-over-year.
Adjusted EBITDA of $35.5 million, a 44.8% increase year-over-year.
UTI raised its annual guidance ranges for all key metrics with the expectation to generate $810 million to $820 million in revenue, $122 million to $126 million in adjusted EBITDA, and 28,500 to 29,500 in new student starts.
Visualization of income flow from segment revenue to net income