Financial Snapshot
Financial Snapshot
The report below summarizes New York Tech’s financial performance for the fiscal year ended June 30, 2025 (FY25), with comparatives for the prior year.
FY25 showed positive performance with total net asset growth of $22 million including a $13 million net operating margin. In addition, New York Tech concluded its third year of a $280 million capital and information technology redevelopment plan. During FY25, major projects were completed that added new and updated research and academic spaces at the New York campuses and new financial and human resources systems for the entire university. Other capital improvements made across the campuses included critical infrastructure upgrades, enhanced student gathering spaces, and security enhancements. These capital improvements would not have been possible without the successful application of $100 million in bonds borrowed by New York Tech in FY24 through the assistance of the Dormitory Authority of the State of New York. Together, management and the Board of Trustees provide attentive stewardship to New York Tech’s financial health, ensuring funding for future operating and capital needs and achievement of new mission-driven goals. New York Tech’s consistent, solid financial performance and profile is demonstrated by its investment-grade bond ratings of Baa2 (Moody’s) and BBB (S&P).
Dollars in thousands
Balance Sheet Summary
Income Statement Summary
Operating Revenues

Operating Expenses

2025 Key Takeaways
$588.4M
Total Assets
$281M
Net Assets
$249.3M
Tuition and fees, net of scholarships and financial aid
$9.5M
Contributions, government grants, contracts, and state aid provided
$12.6M
Net Operating Income
$283.3M
Operating Expenses
$213.8M
Directed toward instruction, student services, and other programmatic activities
$126M
Endowment
$157.3M
Total Investments
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New York Institute of Technology Annual Report © 2026 All Rights Reserved

New York Institute of Technology Annual Report © 2026 All Rights Reserved