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News  ›  GlobeNewswire Inc.

Pure Cycle Announces Financial Results for the Three Months Ended November 30, 2025

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Pure Cycle Announces Financial Results for the Three Months Ended November 30, 2025

Pure Cycle Corporation reported Q1 2026 net income of $4.5 million, a 16% increase year-over-year, marking 26 consecutive quarters of profitability. Revenue grew 59% to $9.1 million, driven by strong land development sales at Sky Ranch Master Planned Community. The company is expanding partnerships with national homebuilders and beginning construction on a charter high school, while maintaining a cash position of $17.1 million.

Insights
AXP   neutral

Mentioned as a partner supporting the restaurant program without significant commentary


PCYO   positive

Company demonstrated strong financial performance with 16% net income growth, 59% revenue increase, and 26 consecutive quarters of profitability. Land development segment showed significant growth with lot sales revenue increasing 159%. Expansion of homebuilder partnerships (adding Pulte Group and Oakwood) and strategic infrastructure investments (I-70 interchange, charter school) indicate positive momentum and future growth prospects.