How Universal Technical Institute makes money

Period

FY2025

How does Universal Technical Institute make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Universal Technical Institute Inc · FY2025 · year ended 2025-09-30

Revenue$836MGross profit$836M · 100%Cost of revenue$0 · 0%Operating income$84M · 10%Operating expenses$752M · 90%SG&A$332M · 40%Other opex$420M · 50%Net income$63M · 8%Income tax$21M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.