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Pure Cycle Corp revenue

Pure Cycle Corp's revenue was $26.1m in fiscal 2025, down 9.3% on the year before. Since fiscal 2010 ($264,107) it has grown at a compound 35.8% a year. Over the last twelve months it was $33.7m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Pure Cycle Corp: revenue history, annual
Fiscal year2010Aug 20102011Aug 20112012Aug 20122013Aug 20132014Aug 20142015Aug 20152016Aug 20162017Aug 20172018Aug 20182019Aug 20192020Aug 20202021Aug 20212022Aug 20222023Aug 20232024Aug 20242025Aug 2025LTMMay 2026
Revenue0002210172026172315292634
Growth on the year before—+6.8%+0.8%+553.2%+8.9%−40.9%−62.2%+171.5%+466.8%+192.6%+27.0%−33.8%+34.3%−36.6%+97.1%−9.3%—
Gross profit000110−0036811168201621

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to August 31, 2025
Segments
Line of business Revenue Share YoY
Land Development $15.3M 58.5% ▼ 13.3%
Water and Wastewater Resource Development $10.3M 39.6% ▼ 3.1%
Single Family Rentals $496,000 1.9% ▲ 3.1%
Products and services
Line of business Revenue YoY
Construction $15.3M ▼ 13.3%
Lot Sales $13.7M ▼ 14.4%
Water and Wastewater $10.3M ▼ 3.1%
Water and Wastewater Tap Fees $7.3M ▲ 116.8%
Water Tap Fees Recognized Excluding Waste Water Tap Fee $5.9M ▲ 103.4%
Water and Wastewater Activities $3M ▼ 58.8%
Wastewater Tap Fee $1.4M ▲ 180.0%
Special Facility Projects $800,000 ▼ 11.1%
Special Facility Projects and Other $785,000 ▼ 12.2%
Project Management Fees $781,000 ▲ 10.5%
Single Family Rentals $496,000 ▲ 3.1%

These categories overlap or exclude eliminations, so shares aren't shown.

From Pure Cycle Corp's 10-K filed November 12, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Water Utilities: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Pure Cycle Corp $33.7m 22.9% 15.1%
Global Water Resources, Inc. $60.1m 10.8% 7.0%
York Water Co $83.4m 9.4% 8.6%
Cadiz Inc $11.8m -21.3% 77.7%
Artesian Resources Corp $117m 5.9% 5.6%
Middlesex Water Co $212m 8.9% 8.4%

Compare with peers

Head to head: GWRS vs PCYOPCYO vs YORWCDZI vs PCYO

More: Water Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Pure Cycle Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Pure Cycle Corp.