Pure Cycle Reports Strong Q3 Earnings with 60.8% Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 hours ago
0mins
Source: seekingalpha
- Earnings Highlights: Pure Cycle reported a GAAP EPS of $0.12 for Q3, with revenue reaching $8.2 million, reflecting a robust year-over-year growth of 60.8%, indicating strong potential in the water management sector.
- Cash Position: As of May 31, 2026, the company had cash and cash equivalents totaling $8.4 million, providing financial flexibility for future investments and operations, thereby enhancing market confidence.
- Water Deliveries: For the three and nine months ended May 31, 2026, Pure Cycle delivered 631 and 1,050 acre-feet of water, respectively, demonstrating stable performance in water supply and meeting customer demand effectively.
- Market Outlook: Coarse estimates suggest a decent PE ratio for Pure Cycle, reflecting positive market expectations for its future growth, which may attract more investor interest.
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About PCYO
Pure Cycle Corporation is a diversified water and wastewater service provider, land developer, and home rental company. The Company provides wholesale water and wastewater services in the Denver, Colorado area, develops land into master planned communities, and develops single-family homes for rent. Its segments include water and wastewater services segment, land development segment and single-family rental segment. Its water and wastewater resource development segment provides wholesale water and wastewater services to local governmental entities that in turn provide residential and commercial water and wastewater services to customers in communities. Its land development segment develops master planned communities for homeowners and businesses along the I-70 corridor of the Denver metropolitan area. Its single-family rental business segment includes land asset, known as Sky Ranch, which develops lots for residential, commercial, retail, and light industrial uses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Pure Cycle Reports Strong Q3 Earnings with 60.8% Revenue Growth
- Earnings Highlights: Pure Cycle reported a GAAP EPS of $0.12 for Q3, with revenue reaching $8.2 million, reflecting a robust year-over-year growth of 60.8%, indicating strong potential in the water management sector.
- Cash Position: As of May 31, 2026, the company had cash and cash equivalents totaling $8.4 million, providing financial flexibility for future investments and operations, thereby enhancing market confidence.
- Water Deliveries: For the three and nine months ended May 31, 2026, Pure Cycle delivered 631 and 1,050 acre-feet of water, respectively, demonstrating stable performance in water supply and meeting customer demand effectively.
- Market Outlook: Coarse estimates suggest a decent PE ratio for Pure Cycle, reflecting positive market expectations for its future growth, which may attract more investor interest.
See More
Pure Cycle to Release Q3 2026 Financial Results and Host Investor Day
- Earnings Release Schedule: Pure Cycle Corporation will release its financial results for the three and nine months ended May 31, 2026, on July 8, 2026, which is expected to positively impact the company's future financial outlook.
- Investor Day Event: The company will host its annual Investor Day on July 15, 2026, at Sky Ranch, where it will provide in-depth insights into its growth strategies and developments in its water utility segment, enhancing investor confidence.
- On-site and Virtual Interaction: The Investor Day will feature both on-site tours and a virtual Q&A session, ensuring that investors unable to attend in person can still participate, reflecting the company's commitment to investor relations.
- Diversified Business Development: Pure Cycle continues to strengthen its revenue streams through the synergy of its water services, land development, and single-family home rental segments, showcasing robust market competitiveness.
See More
Pure Cycle (PCYO) Q1 2026 Earnings Transcript
See More
Pure Cycle Corp Reports Strong Earnings Growth
- Significant Revenue Growth: Pure Cycle Corp reported quarterly revenue of $5.1 million and gross profit of $2.8 million, primarily driven by lot deliveries ahead of schedule, indicating strong market performance.
- Net Income Increase: The company experienced a 36% increase in net income, with growth across all business segments including land, water, and single-family rentals, showcasing the success of its diversification strategy.
- Water Sales Surge: Industrial water sales to oil and gas operators have significantly increased, contributing to strong performance in the water segment, reflecting robust market demand in the energy sector.
- Development Project Progress: The land development segment is advancing well, with Phases 2C and 2D nearing completion and plans to deliver 160 lots by summer 2027, enhancing the company's future revenue potential.
See More
Pure Cycle Reports Q2 Earnings: Revenue Up 30.3%
- Earnings Highlights: Pure Cycle reported a Q2 GAAP EPS of $0.05 with revenue reaching $5.2 million, reflecting a robust year-over-year growth of 30.3%, indicating strong momentum in the water resource management sector.
- EBITDA Improvement: For the three and six months ended February 28, 2026, EBITDA stood at $2.2 million and $8.9 million, respectively, significantly up from $1.8 million and $7.6 million in the prior year, showcasing enhanced profitability.
- Cash Position: As of February 28, 2026, Pure Cycle had cash and cash equivalents totaling $4.8 million, ensuring liquidity for future investments and operational needs.
- Water Deliveries: The company delivered 272 and 418 acre-feet of water for the three and six months ended February 28, 2026, demonstrating its ongoing capability in water supply and meeting market demand.
See More
Pure Cycle Reports $5.2 Million in Revenue for Q2
- Q2 Revenue: PureCycle's revenue for the second quarter reached $5.2 million.
- Financial Performance: The reported revenue indicates growth and reflects the company's ongoing operations and market presence.
See More
Pure Cycle Reports Strong Q3 Earnings with 60.8% Revenue Growth
- Earnings Highlights: Pure Cycle reported a GAAP EPS of $0.12 for Q3, with revenue reaching $8.2 million, reflecting a robust year-over-year growth of 60.8%, indicating strong potential in the water management sector.
- Cash Position: As of May 31, 2026, the company had cash and cash equivalents totaling $8.4 million, providing financial flexibility for future investments and operations, thereby enhancing market confidence.
- Water Deliveries: For the three and nine months ended May 31, 2026, Pure Cycle delivered 631 and 1,050 acre-feet of water, respectively, demonstrating stable performance in water supply and meeting customer demand effectively.
- Market Outlook: Coarse estimates suggest a decent PE ratio for Pure Cycle, reflecting positive market expectations for its future growth, which may attract more investor interest.
See More
Pure Cycle to Release Q3 2026 Financial Results and Host Investor Day
- Earnings Release Schedule: Pure Cycle Corporation will release its financial results for the three and nine months ended May 31, 2026, on July 8, 2026, which is expected to positively impact the company's future financial outlook.
- Investor Day Event: The company will host its annual Investor Day on July 15, 2026, at Sky Ranch, where it will provide in-depth insights into its growth strategies and developments in its water utility segment, enhancing investor confidence.
- On-site and Virtual Interaction: The Investor Day will feature both on-site tours and a virtual Q&A session, ensuring that investors unable to attend in person can still participate, reflecting the company's commitment to investor relations.
- Diversified Business Development: Pure Cycle continues to strengthen its revenue streams through the synergy of its water services, land development, and single-family home rental segments, showcasing robust market competitiveness.
See More
Pure Cycle (PCYO) Q1 2026 Earnings Transcript
See More
Pure Cycle Corp Reports Strong Earnings Growth
- Significant Revenue Growth: Pure Cycle Corp reported quarterly revenue of $5.1 million and gross profit of $2.8 million, primarily driven by lot deliveries ahead of schedule, indicating strong market performance.
- Net Income Increase: The company experienced a 36% increase in net income, with growth across all business segments including land, water, and single-family rentals, showcasing the success of its diversification strategy.
- Water Sales Surge: Industrial water sales to oil and gas operators have significantly increased, contributing to strong performance in the water segment, reflecting robust market demand in the energy sector.
- Development Project Progress: The land development segment is advancing well, with Phases 2C and 2D nearing completion and plans to deliver 160 lots by summer 2027, enhancing the company's future revenue potential.
See More
Pure Cycle Reports Q2 Earnings: Revenue Up 30.3%
- Earnings Highlights: Pure Cycle reported a Q2 GAAP EPS of $0.05 with revenue reaching $5.2 million, reflecting a robust year-over-year growth of 30.3%, indicating strong momentum in the water resource management sector.
- EBITDA Improvement: For the three and six months ended February 28, 2026, EBITDA stood at $2.2 million and $8.9 million, respectively, significantly up from $1.8 million and $7.6 million in the prior year, showcasing enhanced profitability.
- Cash Position: As of February 28, 2026, Pure Cycle had cash and cash equivalents totaling $4.8 million, ensuring liquidity for future investments and operational needs.
- Water Deliveries: The company delivered 272 and 418 acre-feet of water for the three and six months ended February 28, 2026, demonstrating its ongoing capability in water supply and meeting market demand.
See More
Pure Cycle Reports $5.2 Million in Revenue for Q2
- Q2 Revenue: PureCycle's revenue for the second quarter reached $5.2 million.
- Financial Performance: The reported revenue indicates growth and reflects the company's ongoing operations and market presence.
See More
