Pure Cycle Corporation (PCYO) — Financial statements
Income statement, balance sheet, and cash flow for Pure Cycle Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 26↓9.3% | 29↑97.1% | 15↓36.6% | 23↑34.3% | 17 | |
| Cost of Revenue | 10↑11.9% | 9↑37.3% | 7↓1.3% | 7↑3.5% | 6 | |
| Gross Profit | 16↓18.9% | 20↑145.8% | 8↓50.9% | 16↑52.7% | 11 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 8↑12.3% | 7↑26.5% | 5↓7.2% | 6↑14.7% | 5 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 8↑12.3% | 7↑26.5% | 5↓7.2% | 6↑14.7% | 5 | |
| Other Expenses | 0.59↓1.0% | 0.60↑19.7% | 0.50↑29.4% | 0.39↑22.2% | 0.32 | |
| Operating Expenses | 8↑11.2% | 8↑26.0% | 6↓4.9% | 6↑15.1% | 5 | |
| Total Costs & Expenses | 18↑11.6% | 17↑31.9% | 13↓3.0% | 13↑8.9% | 12 | |
| Operating Results | ||||||
| Operating Income | 8↓37.3% | 12↑490.8% | 2↓79.5% | 10↑91.6% | 5 | |
| Depreciation & Amortization | 2↑9.4% | 2↓2.6% | 2↑1.5% | 2↑19.9% | 2 | |
| EBITDA | 20↑11.1% | 18↑111.7% | 9↓42.5% | 15↓47.4% | 28 | |
| EBIT | 18↑11.4% | 16↑150.1% | 6↓49.8% | 13↓51.9% | 27 | |
| Interest & Other Income | ||||||
| Net Interest Income | 3↑18.7% | 2↑4.4% | 2↑22.3% | 2↓36.4% | 3 | |
| Interest Income | 3↑15.3% | 3↑13.3% | 3↑27.2% | 2↓33.4% | 3 | |
| Interest Expense | 0.43↓3.0% | 0.44↑113.1% | 0.21↑128.9% | 0.09 | 0.00 | |
| Non-Operating Income | -10↓167.1% | -4↑12.1% | -4↓61.3% | -3↑87.3% | -21 | |
| Other Income / Expenses | 10↑189.1% | 3↓18.3% | 4↑59.0% | 3↓87.8% | 21 | |
| Income Before Tax | 17↑11.8% | 16↑151.3% | 6↓51.0% | 13↓52.2% | 27 | |
| Income Tax Expense | 4↑8.5% | 4↑164.2% | 2↓50.7% | 3↓52.4% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 13↑12.9% | 12↑147.1% | 5↓51.1% | 10↓52.2% | 20 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 13↑12.9% | 12↑147.1% | 5↓51.1% | 10↓52.2% | 20 | |
| Bottom-Line Net Income | 13↑12.9% | 12↑147.1% | 5↓51.1% | 10↓52.2% | 20 | |
| EPS (Basic) | 0.54↑12.5% | 0.48↑140.0% | 0.20↓50.0% | 0.40↓52.4% | 0.84 | |
| EPS (Diluted) | 0.54↑12.5% | 0.48↑152.6% | 0.19↓52.5% | 0.40↓51.8% | 0.83 | |
| Weighted Average Shares | 24↓0.0% | 24↑0.2% | 24↑0.3% | 24↑0.3% | 24 | |
| Weighted Average Diluted Shares | 24↑0.1% | 24↑0.1% | 24↓0.2% | 24↑0.2% | 24 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.