Company research
PURE CYCLE CORP
CIK 276720Updated Sep 24, 2026
SecurityPCYO · NASDAQ · equity
PCYO price & chart
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Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
SCHEDULE 13G/A filing
DEFA14A filing
SCHEDULE 13D/A filing
SCHEDULE 13D/A - filed by Maran Capital Management, LLC regarding PURE CYCLE CORP
Show 5 more recent filings
Results of Operations and Financial Condition · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 2.02, 5.02, 7.01, 9.01
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 162,279,000Source | 147,354,000Source | 133,216,000Source | 129,229,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 21,931,000Source | 22,113,000Source | 26,012,000Source | 34,894,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,330,000Source | 1,472,000Source | 1,092,000Source | 2,425,000Source |
| Assets, CurrentUSD | 31,653,000Source | 37,862,000Source | 29,727,000Source | 37,786,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,004,000Source | 530,000Source | 346,000Source | 467,000Source |
| Operating Lease, Right-of-Use AssetUSD | 13,000Source | 158,000Source | 357,000Source | 138,000Source |
| Other Assets, NoncurrentUSD | 2,245,000Source | 1,164,000Source | 1,359,000Source | 2,463,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 19,541,000Source | 17,652,000Source | 14,982,000Source | 16,233,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 175,448,000Source | 175,125,000Source | 174,689,000Source | 174,150,000Source |
| Retained Earnings (Accumulated Deficit)USD | -32,790,000Source | -45,503,000Source | -56,535,000Source | -61,234,000Source |
| Stockholders' Equity Attributable to ParentUSD | 142,738,000Source | 129,702,000Source | 118,234,000Source | 112,996,000Source |
| Liabilities and EquityUSD | 162,279,000Source | 147,354,000Source | 133,216,000Source | 129,229,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 11,619,000Source | 9,349,000Source | 6,503,000Source | 10,823,000Source |
| Operating Lease, Liability, CurrentUSD | 12,000Source | 73,000Source | 118,000Source | 76,000Source |
| Accounts Payable, CurrentUSD | 3,518,000Source | 1,948,000Source | 1,960,000Source | 849,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,000Source | 87,000Source | 242,000Source | 62,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,541,000Source | 1,395,000Source | 1,352,000Source | 1,075,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 4,335,000Source | — | — | 2,029,000Source |
| Deferred Tax Liabilities, NetUSD | 1,541,000Source | 1,395,000Source | 1,352,000Source | 1,075,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 6,885,000Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 411,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 6,380,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 13,110,000Source | 11,613,000Source | 4,699,000Source | 9,619,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 2,297,000Source | 2,100,000Source | 2,156,000Source | 2,125,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 323,000Source | 436,000Source | 539,000Source | 603,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -142,000Source | 380,000Source | -1,333,000Source | 893,000Source |
| Deferred Income Tax Expense (Benefit)USD | 100,000Source | — | 300,000Source | 500,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 13,164,000Source | 2,212,000Source | -2,339,000Source | 17,454,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -9,652,000Source | -4,729,000Source | -9,241,000Source | -6,668,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 397,000Source | 581,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -491,000Source | -612,000Source | 2,845,000Source | 3,992,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 28,379,000Source | 25,358,000Source | 28,487,000Source | 37,222,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 413,000Source | 417,000Source | 142,000Source | 55,000Source |
| Income Taxes Paid, NetUSD | 4,351,000Source | 2,056,000Source | 947,000Source | 5,260,000Source |
| Additional Financial Items | ||||
| DepreciationUSD | 2,300,000Source | 2,100,000Source | 2,200,000Source | 2,100,000Source |
| Depreciation, NonproductionUSD | 590,000Source | 596,000Source | 498,000Source | 385,000Source |
| General and Administrative ExpenseUSD | 7,770,000Source | 6,921,000Source | 5,470,000Source | 5,893,000Source |
| Income Tax Expense (Benefit)USD | 4,360,000Source | 4,019,000Source | 1,521,000Source | 3,086,000Source |
| InterestExpenseNonoperatingUSD | 426,000Source | 439,000Source | — | — |
| Investment Income, InterestUSD | 3,272,000Source | 1,108,000Source | 1,023,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 13,110,000Source | 11,613,000Source | 4,699,000Source | 9,619,000Source |
| Other Nonoperating Income (Expense)USD | 300,000Source | — | 1,508,000Source | 93,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 34,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 26,087,000Source | 28,747,000Source | 14,586,000Source | 23,003,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 7,670,000Source | 12,242,000Source | 2,072,000Source | 10,096,000Source |
| Other Nonoperating Income (Expense)USD | 300,000Source | — | 1,508,000Source | 93,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 17,470,000Source | 15,632,000Source | 6,220,000Source | 12,705,000Source |
| Income Tax Expense (Benefit)USD | 4,360,000Source | 4,019,000Source | 1,521,000Source | 3,086,000Source |
| Net Income (Loss) Attributable to ParentUSD | 13,110,000Source | 11,613,000Source | 4,699,000Source | 9,619,000Source |
| Earnings Per Share, BasicUSD per share | 0.54Source | 0.48Source | 0.2Source | 0.4Source |
| Earnings Per Share, DilutedUSD per share | 0.54Source | 0.48Source | 0.19Source | 0.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 24,076,317Source | 24,083,001Source | 24,031,068Source | 23,953,740Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 24,167,529Source | 24,140,946Source | 24,106,067Source | 24,155,990Source |
| Interest Expense (non-operating)USD | 426,000Source | 439,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 4,200,000Source | 4,000,000Source | 1,200,000Source | 3,600,000Source |
| General and Administrative ExpenseUSD | 7,770,000Source | 6,921,000Source | 5,470,000Source | 5,893,000Source |
| Gross ProfitUSD | 16,030,000Source | 19,759,000Source | 8,040,000Source | 16,374,000Source |
| Interest Income (Expense), NetUSD | — | — | -206,000Source | -90,000Source |
| Investment Income, InterestUSD | 3,272,000Source | 1,108,000Source | 1,023,000Source | — |
| Other Cost of Operating RevenueUSD | — | 882,000Source | 491,000Source | 289,000Source |
Filing attachments
pcyo-20260824xex99d1.htm · 8-K · 2026-08-25
EX-99.1 2 pcyo-20260824xex99d1.htm EX-99.1 Exhibit 99.1 Pure Cycle Corporation Appoints Two Industry Leaders, Chris Fink and Kelly Haecker, to its Board of Directors DENVER, CO / GLOBE NEWSWIRE / August 25, 2026 - Pure Cycle Corporation (Nasdaq Capital Market: PCYO) (“Pure Cycle”, “we”, “us” or “our”) announced today that two new independent directors, Chris Fink and Kelly Haecker, were appointed to its Board of Directors (the “Board”), effective August 24, 2026. The appointments follow t…
Read attachment ↗pcyo-20260707xex99d1.htm · 8-K · 2026-07-09
EX-99.1 2 pcyo-20260707xex99d1.htm EX-99.1 Exhibit 99.1 Pure Cycle Announces Financial Results For the Three and Nine Months Ended May 31, 2026 and Announces a Board of Directors Transition DENVER, CO / GLOBE NEWSWIRE / July 8, 2026 - Pure Cycle Corporation (NASDAQ Capital Market: PCYO) (“Pure Cycle”, the “Company”, “we”, “us” or “our”) announced its financial results for the three and nine months ended May 31, 2026. Pure Cycle reported $2.9 million and $8.6 million of net income for the …
Read attachment ↗pcyo-20260707xex99d2.htm · 8-K · 2026-07-09
EX-99.2 3 pcyo-20260707xex99d2.htm EX-99.2 PURE CYCLE Exhibit 99.2 CORPO:RATION FINANC AL RESULTS Q3-2026 - EARNINGS PRESENTATION Presented By: MARK HARDING PURE CYCLE CORPORATION PAGE 2 FORWARD LOOKING STATEMENT Statements that are not historical tacts contained or incorporated by reference in this presentation are "forward-looking statements" ("FLS"} within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 …
Read attachment ↗pcyo-20260408xex99d1.htm · 8-K · 2026-04-09
EX-99.1 2 pcyo-20260408xex99d1.htm EX-99.1 Exhibit 99.1 Pure Cycle Announces Financial Results For the Three and Six Months Ended February 28, 2026 DENVER, CO / GLOBE NEWSWIRE / April 8, 2026 - Pure Cycle Corporation (NASDAQ Capital Market: PCYO) (“Pure Cycle”, “we”, “us” or “our”) announced its financial results for the three and six months ended February 28, 2026. Pure Cycle reported $1.1 million and $5.7 million of net income for the three and six months ended February 28, 2026, respec…
Read attachment ↗pcyo-20260408xex99d2.htm · 8-K · 2026-04-09
EX-99.2 3 pcyo-20260408xex99d2.htm EX-99.2 Exhibit 99.2 Exhibit 99.2 PURE CYCLE CORPORATION PAGE 2 MARK W. HARDING President, CEO, and Director Mark is an exceptional leader who has significantly shaped Pure Cycle's success. Under his 36-year tenure, the company has successfully acquired over $160 million in water and land interests. His vision and strategic acumen have been instrumental in the company's growth and impact. MARC SPEZIALY VP, CFO, Principal Accou…
Read attachment ↗pcyo-20260114xex99d1.htm · 8-K · 2026-01-16
EX-99.1 3 pcyo-20260114xex99d1.htm EX-99.1 Exhibit 99.1 Pure Cycle Corporation Appoints Daniel J. Roller to its Board of Directors DENVER, CO / GLOBE NEWSWIRE / January 15, 2026 - Pure Cycle Corporation (NASDAQ Capital Market: PCYO) (“Pure Cycle”, “we”, “us” or “our”) announced that a new independent director, Daniel J. Roller, was appointed to its Board of Directors (the “Board”), effective January 14, 2026, expanding the Board from 7 to 8 directors. This appointment, made in cooperation…
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