Pure Cycle Corporation (PCYO)

Pure Cycle Corp. reported a record-setting Q1 2026 with $9.1 million in revenue, a 59% increase compared to Q1 2025, and net income rose by 16% to $4.5 million. The company announced its financial results for the year ended August 31, 2025, reporting net income of $13.1 million (up 13% from 2024) and EPS of $0.54 (up 12.5%). The company reported strong Q3 2025 financial results, marking its 24th consecutive quarter of positive net income, with net income for Q3 at $2.3 million and revenue reaching $5.1 million. As of December 22, 2025, the share price was $11.32, representing a decline of 10.73% from $12.68 on December 23, 2024, but the stock saw an increase of 5.8% from the beginning of the year (January 2025) to January 9, 2026, trading at $11.63.

Demand seasonality for Pure Cycle Corp. is influenced by water and wastewater tap sales dependent on new home construction, oil and gas water deliveries dependent on oil prices and gas demand, land development strategy involving delivering finished lots on an annual cadence, and single-family rentals tied to the need for spacious housing in remote and hybrid work environments.

Pure Cycle Corp. is a Colorado-based diversified company engaged in water resource management and land development, operating through Water and Wastewater Resource Development, Land Development, and Single-Family Rental segments. The company is a vertically integrated wholesale water and wastewater service provider, owning and managing essential infrastructure. Pure Cycle develops land into master-planned communities and constructs and leases single-family homes within its developments. The company's sector is Utilities, and its industry is Water Utilities.

Pure Cycle Corp.'s operations are exclusively conducted in the Denver Metropolitan Area, specifically based in Watkins, Colorado. The company possesses a portfolio of land and water rights in the rapidly growing I-70 corridor of the Denver metropolitan area.

No specific information regarding Pure Cycle Corp.'s brand reputation or any events that have significantly affected its reputation in the past year was found in the provided search results. It is important not to confuse Pure Cycle Corp. (PCYO) with PureCycle Technologies (PCT), a different company that faced operational issues and production shortfalls.

Approximately 50.72% of Pure Cycle's stock is owned by Institutional Investors, with top holders including Magnolia Group, Llc, BlackRock, Inc., and Vanguard Group Inc. Insiders own approximately 11.00% of the stock, with recent insider sales of $757,246.00 and no purchases. Approximately 38.27% of the stock is owned by Public Companies and Individual Investors, with Adam K. Peterson owning the most shares among individuals, holding 1,825,399 shares, representing 7.60% of the company.