PCYO · XBRL financial data

Pure Cycle financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (PCYO's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Revenue from contracts with customers	25,855	17,125	23,003	14,586	28,747	26,087
Cost of revenue	18,311	6,402	6,629	6,546	8,988	10,057
Gross profit	7,544	10,723	16,374	8,040	19,759	16,030
General and administrative	4,249	5,139	5,893	5,470	6,921	7,770
Operating income (loss)	1,513	5,269	10,096	2,072	12,242	7,670
Interest income	179	59	32	1,023	1,108	3,272
Interest expense	—	—	—	206	439	426
Other income (expense)	36	40	93	1,508	197	300
Income tax expense (benefit)	2,169	6,480	3,086	1,521	4,019	4,360
Net income (loss)	6,750	20,110	9,619	4,699	11,613	13,110
Earnings per share, basic USD per share	0.28	0.84	0.40	0.20	0.48	0.54
Earnings per share, diluted USD per share	0.28	0.83	0.40	0.19	0.48	0.54
Weighted average shares, basic thousands of shares	23,845	23,891	23,954	24,031	24,083	24,076
Weighted average shares, diluted thousands of shares	24,062	24,111	24,156	24,106	24,141	24,168

Fiscal years (PCYO's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Cash and cash equivalents	21,797	20,117	34,894	26,012	22,113	21,931
Short-term investments	0	—	—	—	—	—
Accounts receivable	1,124	1,532	2,425	1,092	1,472	1,330
Prepaid and other current assets	1,001	458	467	346	530	1,004
Total current assets	25,991	38,715	37,786	29,727	37,862	31,653
Property and equipment, net	55,087	57,090	—	—	—	—
Right-of-use asset	196	122	138	357	158	13
Total assets	89,761	117,177	129,229	133,216	147,354	162,279
Accounts payable	180	1,787	849	1,960	1,948	3,518
Accrued liabilities	1,391	1,224	2,029	—	5,164	4,335
Current portion of long-term debt	—	—	—	—	—	411
Total current liabilities	6,219	12,460	10,823	6,503	9,349	11,619
Long-term debt	—	—	—	—	—	6,380
Lease liability, non-current	120	37	62	242	87	1
Total liabilities	7,717	14,437	16,233	14,982	17,652	19,541
Accumulated deficit	(90,963)	(70,853)	(61,234)	(56,535)	(45,503)	(32,790)
Total stockholders' equity	82,044	102,740	112,996	118,234	129,702	142,738
Total liabilities and equity	89,761	117,177	129,229	133,216	147,354	162,279
Common shares outstanding (cover page) thousands of shares	23,868	23,919	23,842	24,086	24,073	24,081

Fiscal years (PCYO's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Net income (loss)	6,750	20,110	9,619	4,699	11,613	13,110
Stock-based compensation	517	497	603	539	436	323
Depreciation and amortization	1,723	1,772	2,125	2,156	2,100	2,297
Net cash from operating activities	20,720	3,456	17,454	(2,339)	2,212	13,164
Net cash from investing activities	(3,446)	(2,896)	(6,668)	(9,241)	(4,729)	(9,652)
Share repurchases	—	—	—	—	581	397
Net cash from financing activities	45	87	3,992	2,845	(612)	(491)

SIC 4941 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4941 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Pure Cycle	8,440	8,222	3,469*	24.1M	—	Q3 FY26 10-QMay 31, 2026
Cadiz	5,319	979	(6,648)*	84.7M	0.8 quarters	Q2 FY26 10-QJun 30, 2026
Global Water Resources	1,458	17,767	4,680*	28.8M	—	Q2 FY26 10-QJun 30, 2026
Consolidated Water	132,629	32,870	12,028*	16.0M	—	Q2 FY26 10-QJun 30, 2026
York Water	555	23,515	11,873*	16.2M	—	Q2 FY26 10-QJun 30, 2026
Artesian Resources	9,804	30,664	10,175*	not reported	—	Q2 FY26 10-QJun 30, 2026
Middlesex Water	1,698	60,205	22,882*	19.1M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.