Pure Cycle Reports Strong Q3 with 60% Revenue Growth, 33% EPS Jump; Board Member Resigns
PCYO sits 18% above its 52-week low of $9.65.
Summary
Pure Cycle reported robust Q3 2026 financial results, with revenue surging 60% year-over-year to $8.22 million, driven by strong growth in both its land development and water segments. The company's net income increased 31% year-over-year, leading to a 33% jump in EPS to $0.12, marking its 28th consecutive quarter of positive net income. These detailed figures accompanied the company's 10-Q filing for the period, which also highlighted operational progress at Sky Ranch and a strategic pause in further single-family rental expansion. Additionally, Pure Cycle disclosed the resignation of director Daniel R. Kozlowski, a significant shareholder, effective July 7, 2026.
At the time of this announcement, PCYO was trading at $11.36 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $257.1M. The 52-week trading range was $9.65 to $12.44. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.