UTI Q3 net income falls 79% to $2.3M as $9M in growth spending offsets 7% revenue gain

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Property and equipment purchases surged to $80.9M (nine months) from $25.5M prior year, funding Atlanta and San Antonio campus openings, Dallas expansion, and four Phase II campuses announced for 2027 (Salt Lake City, Houston, Glendale, Atlanta).

  MD&A: Capital Expenditures verify on EDGAR →
• medium

  Management initiated a multi-phase restructuring plan in Q3, incurring $1.1M in severance costs, to simplify operations and realign resources; additional phases will roll out over the next three years.

  Notes: Restructuring verify on EDGAR →