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Side-by-side financial comparison of UL Solutions Inc. (ULS) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UL Solutions Inc. is the larger business by last-quarter revenue ($340.0M vs $221.4M, roughly 1.5× UNIVERSAL TECHNICAL INSTITUTE INC). On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (6.7% vs -12.4%). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE INC's revenue compounded faster (11.7% CAGR vs -31.8%).
The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
ULS vs UTI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $340.0M | $221.4M |
| Net Profit | — | $433.0K |
| Gross Margin | — | — |
| Operating Margin | 24.4% | 0.2% |
| Net Margin | — | 0.2% |
| Revenue YoY | -12.4% | 6.7% |
| Net Profit YoY | — | -60.5% |
| EPS (diluted) | — | $0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $340.0M | $221.4M | ||
| Q4 25 | $789.0M | $220.8M | ||
| Q3 25 | $783.0M | $222.4M | ||
| Q2 25 | $776.0M | $204.3M | ||
| Q1 25 | $705.0M | $207.4M | ||
| Q4 24 | $739.0M | $201.4M | ||
| Q3 24 | $731.0M | $196.4M | ||
| Q2 24 | $730.0M | $177.5M |
| Q1 26 | — | $433.0K | ||
| Q4 25 | $67.0M | $12.8M | ||
| Q3 25 | $100.0M | $18.8M | ||
| Q2 25 | $91.0M | $10.7M | ||
| Q1 25 | $67.0M | $11.4M | ||
| Q4 24 | $81.0M | $22.2M | ||
| Q3 24 | $88.0M | $18.8M | ||
| Q2 24 | $101.0M | $5.0M |
| Q1 26 | — | — | ||
| Q4 25 | 49.7% | — | ||
| Q3 25 | 50.3% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 47.4% | — | ||
| Q3 24 | 49.0% | — | ||
| Q2 24 | 50.1% | — |
| Q1 26 | 24.4% | 0.2% | ||
| Q4 25 | 15.0% | 7.1% | ||
| Q3 25 | 19.9% | 11.2% | ||
| Q2 25 | 17.9% | 6.9% | ||
| Q1 25 | 15.5% | 8.1% | ||
| Q4 24 | 15.6% | 13.6% | ||
| Q3 24 | 17.8% | 13.3% | ||
| Q2 24 | 17.3% | 4.2% |
| Q1 26 | — | 0.2% | ||
| Q4 25 | 8.5% | 5.8% | ||
| Q3 25 | 12.8% | 8.4% | ||
| Q2 25 | 11.7% | 5.2% | ||
| Q1 25 | 9.5% | 5.5% | ||
| Q4 24 | 11.0% | 11.0% | ||
| Q3 24 | 12.0% | 9.6% | ||
| Q2 24 | 13.8% | 2.8% |
| Q1 26 | — | $0.01 | ||
| Q4 25 | $0.33 | $0.23 | ||
| Q3 25 | $0.49 | $0.33 | ||
| Q2 25 | $0.45 | $0.19 | ||
| Q1 25 | $0.33 | $0.21 | ||
| Q4 24 | $0.40 | $0.40 | ||
| Q3 24 | $0.44 | $0.35 | ||
| Q2 24 | $0.50 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $162.0M |
| Total DebtLower is stronger | — | $127.8M |
| Stockholders' EquityBook value | — | $339.9M |
| Total Assets | — | $852.2M |
| Debt / EquityLower = less leverage | — | 0.38× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $162.0M | ||
| Q4 25 | $295.0M | $162.8M | ||
| Q3 25 | $255.0M | $169.1M | ||
| Q2 25 | $272.0M | $70.7M | ||
| Q1 25 | $267.0M | $96.0M | ||
| Q4 24 | $298.0M | $172.0M | ||
| Q3 24 | $327.0M | $161.9M | ||
| Q2 24 | $295.0M | $115.5M |
| Q1 26 | — | $127.8M | ||
| Q4 25 | $491.0M | $101.4M | ||
| Q3 25 | $544.0M | $87.1M | ||
| Q2 25 | $608.0M | $73.8M | ||
| Q1 25 | $653.0M | $94.4M | ||
| Q4 24 | $742.0M | $120.1M | ||
| Q3 24 | $797.0M | $125.7M | ||
| Q2 24 | $810.0M | $137.3M |
| Q1 26 | — | $339.9M | ||
| Q4 25 | $1.3B | $335.9M | ||
| Q3 25 | $1.2B | $328.1M | ||
| Q2 25 | $1.1B | $306.8M | ||
| Q1 25 | $970.0M | $293.9M | ||
| Q4 24 | $904.0M | $280.0M | ||
| Q3 24 | $872.0M | $260.2M | ||
| Q2 24 | $769.0M | $239.4M |
| Q1 26 | — | $852.2M | ||
| Q4 25 | $2.9B | $834.0M | ||
| Q3 25 | $2.9B | $826.1M | ||
| Q2 25 | $2.9B | $740.8M | ||
| Q1 25 | $2.9B | $720.4M | ||
| Q4 24 | $2.8B | $753.8M | ||
| Q3 24 | $2.9B | $744.6M | ||
| Q2 24 | $2.7B | $706.0M |
| Q1 26 | — | 0.38× | ||
| Q4 25 | 0.39× | 0.30× | ||
| Q3 25 | 0.46× | 0.27× | ||
| Q2 25 | 0.56× | 0.24× | ||
| Q1 25 | 0.67× | 0.32× | ||
| Q4 24 | 0.82× | 0.43× | ||
| Q3 24 | 0.91× | 0.48× | ||
| Q2 24 | 1.05× | 0.57× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $7.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 16.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $7.1M | ||
| Q4 25 | $144.0M | $3.1M | ||
| Q3 25 | $155.0M | $57.1M | ||
| Q2 25 | $147.0M | $18.1M | ||
| Q1 25 | $154.0M | $-789.0K | ||
| Q4 24 | $130.0M | $23.0M | ||
| Q3 24 | $150.0M | $67.5M | ||
| Q2 24 | $103.0M | $10.0M |
| Q1 26 | — | — | ||
| Q4 25 | $86.0M | $-19.2M | ||
| Q3 25 | $109.0M | $40.6M | ||
| Q2 25 | $105.0M | $6.8M | ||
| Q1 25 | $103.0M | $-11.7M | ||
| Q4 24 | $72.0M | $19.6M | ||
| Q3 24 | $84.0M | $60.0M | ||
| Q2 24 | $47.0M | $3.0M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | -8.7% | ||
| Q3 25 | 13.9% | 18.3% | ||
| Q2 25 | 13.5% | 3.4% | ||
| Q1 25 | 14.6% | -5.7% | ||
| Q4 24 | 9.7% | 9.7% | ||
| Q3 24 | 11.5% | 30.6% | ||
| Q2 24 | 6.4% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | 10.1% | ||
| Q3 25 | 5.9% | 7.4% | ||
| Q2 25 | 5.4% | 5.5% | ||
| Q1 25 | 7.2% | 5.3% | ||
| Q4 24 | 7.8% | 1.7% | ||
| Q3 24 | 9.0% | 3.8% | ||
| Q2 24 | 7.7% | 4.0% |
| Q1 26 | — | 16.33× | ||
| Q4 25 | 2.15× | 0.24× | ||
| Q3 25 | 1.55× | 3.04× | ||
| Q2 25 | 1.62× | 1.69× | ||
| Q1 25 | 2.30× | -0.07× | ||
| Q4 24 | 1.60× | 1.04× | ||
| Q3 24 | 1.70× | 3.58× | ||
| Q2 24 | 1.02× | 2.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
