What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Universal Technical Institute UTI Change in Income Taxes

Change in Income Taxes at other companies

Strategic Education, Inc.STRA

$3.99M-44.9%

Grand Canyon EducationLOPE

$19.6M+22.4%

Other financials

Income statement

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Revenue$221.4M+6.7%

Operating income$339.0K-98.0%

Net income$433.0K-96.2%

EPS (diluted)$0.01-95.2%

Balance sheet

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Cash & equivalents$93.6M-6.9%

Total debt$319.6M+22.3%

Total equity$339.9M+15.6%

Total assets$852.2M+18.3%

Cash flow

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Operating cash flow$4.0M—

CapEx$30.4M+178%

Free cash flow-$26.4M—

Valuation

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Market cap$2.19B+42.3%

Enterprise value$2.41B+42.1%

P/E51.3×+24.5×

P/S2.5×+0.6×

Profitability

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Operating margin6.3%-3.6pp

Net margin4.9%-2.4pp

FCF margin0.2%—

Returns & leverage

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Return on equity13.5%-8.3pp

Debt / equity0.9×+0.1×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Universal Technical Institute in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable.

The official record: Universal Technical Institute’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Universal Technical Institute's change in income taxes?: Universal Technical Institute (UTI) reported change in income taxes of -$10.08M in Q1 2026.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.