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Universal Technical Institute vs American Public Education: UTI and APEI compared
Universal Technical Institute is the larger company: $219M of revenue in its latest quarter (Q3 FY26) against $172M for American Public Education (Q2 2026). Universal Technical Institute is growing faster (+7% against +6% a year earlier). American Public Education is more profitable, with an operating margin of 7.9% against 1.5%.
Where the money goes: UTI and APEI
Universal Technical Institute (UTI) · Q3 FY26
Universal Technical Institute, Q3 FY26: revenue $219M (+7% year over year), operating margin 1.5%, net earnings $2.3M, operating cash flow $10.3M. The chart follows the revenue to costs, profit and cash.
American Public Education (APEI) · Q2 2026
American Public Education, Q2 2026: revenue $172M (+6% year over year), operating margin 7.9%, net earnings $9.8M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Universal Technical Institute (UTI) | American Public Education (APEI) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 2026 |
| Revenue | $219M | $172M |
| Revenue growth, Y/Y | +7% | +6% |
| Operating margin | 1.5% | 7.9% |
| Net earnings | $2.3M | $9.8M |
| Net margin | 1.0% | 5.7% |
| Operating cash flow | $10.3M | $12.1M |
| Free cash flow | — | $7.4M |
Where the revenue comes from
American Public Education
- Instructional services, net of grants and scholarships: $156M (91%)
- Textbook and other course materials: $13.1M (8%)
- Graduation fees: $1.2M (1%)
- Other fees: $1.2M (1%)
Questions
Which is bigger, Universal Technical Institute or American Public Education?
Universal Technical Institute is the larger company: $219M of revenue in its latest quarter (Q3 FY26) against $172M for American Public Education (Q2 2026).
Is Universal Technical Institute or American Public Education growing faster?
Universal Technical Institute is growing faster (+7% against +6% a year earlier).
Which is more profitable, Universal Technical Institute or American Public Education?
American Public Education is more profitable, with an operating margin of 7.9% against 1.5%.
More: Universal Technical Institute earnings · how Universal Technical Institute makes money · American Public Education earnings · how American Public Education makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.