v3.25.2
Segment Information
 9 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information
Note 17 - Segment Information
We operate our business in two reportable segments: (i) the UTI segment; and (ii) the Concorde segment. These segments are organized by key market segments to enhance operational alignment within each segment to more effectively execute our strategic plan. Each reportable segment represents a group of post-secondary education providers that offer a variety of degree and non-degree academic programs. “Corporate” includes corporate related expenses that are not allocated to the UTI or Concorde reportable segments and is included to reconcile segment results to the condensed consolidated financial statements.
Summary information by reportable segment is as follows:
UTIConcordeCorporateConsolidated
Three Months Ended June 30, 2025
Revenues$131,463 $72,835 $— $204,298 
Income (loss) from operations19,870 5,929 (11,647)14,152 
Depreciation and amortization6,068 1,939 308 8,315 
Net income (loss)18,583 5,890 (13,810)10,663 
Three Months Ended June 30, 2024
Revenues$117,134 $60,324 $— $177,458 
Income (loss) from operations14,136 3,716 (10,406)7,446 
Depreciation and amortization5,743 1,367 266 7,376 
Net income (loss)12,673 3,778 (11,466)4,985 
Nine Months Ended June 30, 2025
Revenues$397,169 $216,005 $— $613,174 
Income (loss) from operations66,762 26,006 (34,285)58,483 
Depreciation and amortization18,010 5,499 943 24,452 
Net income (loss)63,090 25,892 (44,720)44,262 
UTIConcordeCorporateConsolidated
Nine Months Ended June 30, 2024
Revenues$355,831 $180,498 $— $536,329 
Income (loss) from operations47,309 14,091 (28,531)32,869 
Depreciation and amortization16,921 3,738 903 21,562 
Net income (loss)42,886 14,271 (33,996)23,161 
As of June 30, 2025
Total assets$463,179 $134,184 $143,396 $740,759 
As of September 30, 2024
Total assets$440,764 $125,212 $178,599 $744,575