Pure Cycle Corporation (PCYO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Revenue | 5.17M | 9.13M | 11.2M | 5.14M | 4M | 5.75M | 12.56M | 7.6M | 3.2M | 5.39M | 3.38M | 6.88M | 3M | 1.34M | 10.88M | 3.19M | 4.66M | 4.27M | 4.85M | 2.67M |
| Revenue Growth % | 29.39% | 58.81% | -10.83% | -32.4% | 24.96% | 6.8% | 271.93% | 10.54% | 6.6% | 301.94% | -68.96% | 115.85% | -35.7% | -68.64% | 124.24% | 19.54% | -1.58% | -12.22% | -51.61% | 44.11% |
| Cost of Revenue | 2.56M | 2.88M | 4.87M | 1.88M | 2.47M | 2.09M | 2.79M | 2.89M | 1.57M | 2.04M | 1.76M | 2.21M | 1.41M | 1.33M | 2.45M | 1.39M | 1.51M | 1.38M | 1.07M | 940K |
| Gross Profit | 2.61M | 6.25M | 6.33M | 3.26M | 1.53M | 3.67M | 9.77M | 4.71M | 1.63M | 3.34M | 1.61M | 4.67M | 1.59M | 14K | 8.43M | 1.79M | 3.16M | 2.89M | 3.78M | 1.73M |
| Gross Margin % | 50.51% | 68.43% | 56.54% | 63.37% | 38.22% | 63.73% | 77.82% | 62.01% | 50.95% | 62.05% | 47.79% | 67.93% | 52.98% | 1.04% | 77.46% | 56.26% | 67.69% | 67.63% | 77.89% | 64.74% |
| Gross Profit Growth % | 70.99% | 70.51% | -35.22% | -30.92% | -6.26% | 9.69% | 505.58% | 0.9% | 2.52% | 23771.43% | -80.85% | 160.62% | -49.67% | -99.52% | 123.02% | 3.88% | -9.18% | 36.13% | -10.75% | 131.99% |
| Operating Expenses | 2.35M | 1.87M | 388K | 1.92M | 2.85M | 1.95M | 1.99M | 1.65M | 2M | 1.59M | 1.57M | 916K | 1.83M | 1.5M | 1.94M | 1.17M | 1.65M | 1.41M | 1.85M | 1.4M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 819K | 4.95M | 6.56M | 1.87M | -710K | 2.25M | 8.31M | 3.63M | 140K | 2.24M | 606K | 4.28M | 343K | -996K | 7.28M | 1.07M | 1.96M | 1.92M | 2.39M | 759K |
| EBITDA Margin % | 15.84% | 54.18% | 58.61% | 36.34% | -17.77% | 39.03% | 66.14% | 47.72% | 4.38% | 41.63% | 17.94% | 62.15% | 11.44% | -74.33% | 66.89% | 33.51% | 41.96% | 44.91% | 49.32% | 28.47% |
| EBITDA Growth % | 215.35% | 120.45% | -20.98% | -48.53% | -607.14% | 0.13% | 1270.79% | -15.11% | -59.18% | 325.1% | -91.67% | 300.28% | -82.47% | -151.9% | 204.14% | 40.71% | -21.34% | 36.88% | 99.75% | 130.7% |
| Depreciation & Amortization | 556K | 566K | 620K | 534K | 617K | 526K | 521K | 561K | 508K | 486K | 562K | 518K | 583K | 493K | 793K | 444K | 449K | 439K | 462K | 431K |
| D&A / Revenue % | 10.76% | 6.2% | 5.54% | 10.39% | 15.44% | 9.14% | 4.15% | 7.38% | 15.89% | 9.02% | 16.64% | 7.53% | 19.44% | 36.79% | 7.29% | 13.93% | 9.63% | 10.27% | 9.52% | 16.17% |
| Operating Income (EBIT) | 263K | 4.38M | 5.94M | 1.33M | -1.33M | 1.72M | 7.79M | 3.07M | -368K | 1.76M | 44K | 3.76M | -240K | -1.49M | 6.49M | 624K | 1.51M | 1.48M | 1.93M | 328K |
| Operating Margin % | 5.09% | 47.98% | 53.07% | 25.95% | -33.22% | 29.89% | 61.99% | 40.35% | -11.51% | 32.6% | 1.3% | 54.62% | -8% | -111.12% | 59.6% | 19.58% | 32.33% | 34.64% | 39.8% | 12.3% |
| Operating Income Growth % | 119.82% | 154.97% | -23.66% | -56.52% | -260.6% | -2.11% | 17595.45% | -18.34% | -53.33% | 217.93% | -99.32% | 502.08% | -115.92% | -200.61% | 235.84% | 90.24% | -26.72% | 55.3% | 164.88% | 329.37% |
| Interest Expense | 142K | 94K | 107K | 101K | 109K | 109K | 111K | 109K | 111K | 108K | 57K | 52K | 47K | 50K | 38K | 31K | 11K | 7K | 0 | 0 |
| Interest Coverage | 11.65x | 65.15x | 77.57x | 30.63x | 10.87x | 48.78x | 80.45x | 36.34x | 2.43x | 26.94x | 22.63x | 85.98x | 6.94x | 6.78x | 196.71x | 35.94x | 200.64x | 285.43x | - | - |
| Interest / Revenue % | 2.75% | 1.03% | 0.96% | 1.96% | 2.73% | 1.89% | 0.88% | 1.43% | 3.47% | 2.01% | 1.69% | 0.76% | 1.57% | 3.73% | 0.35% | 0.97% | 0.24% | 0.16% | 0% | 0% |
| Non-Operating Income | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 784K | 527K | 1000K | 1000K | 662K | 519K | 1000K | 952K | 459K | 686K | 511K | 477K | 454K |
| Pretax Income | 1.51M | 6.03M | 8.19M | 2.99M | 1.08M | 5.21M | 8.82M | 3.85M | 159K | 2.8M | 1.23M | 4.42M | 279K | 289K | 7.44M | 1.08M | 2.19M | 1.99M | 2.41M | 782K |
| Pretax Margin % | 29.25% | 66.01% | 73.15% | 58.23% | 26.93% | 90.54% | 70.21% | 50.66% | 4.97% | 52.02% | 36.51% | 64.24% | 9.3% | 21.57% | 68.35% | 33.98% | 47.04% | 46.59% | 49.63% | 29.33% |
| Income Tax | 407K | 1.47M | 2.08M | 737K | 267K | 1.27M | 2.21M | 1.03M | 41K | 737K | 177K | 1.12M | 90K | 130K | 1.86M | 246K | 501K | 477K | 574K | 158K |
| Effective Tax Rate % | 26.92% | 24.3% | 25.45% | 24.62% | 24.81% | 24.4% | 25.1% | 26.66% | 25.79% | 26.3% | 14.36% | 25.44% | 32.26% | 44.98% | 25.04% | 22.71% | 22.84% | 23.96% | 23.84% | 20.2% |
| Net Income | 1.1M | 4.57M | 6.11M | 2.26M | 809K | 3.94M | 6.61M | 2.83M | 118K | 2.06M | 1.06M | 3.29M | 189K | 159K | 5.58M | 837K | 1.69M | 1.51M | 1.83M | 624K |
| Net Margin % | 21.38% | 49.97% | 54.54% | 43.89% | 20.25% | 68.45% | 52.59% | 37.15% | 3.69% | 38.34% | 31.27% | 47.9% | 6.3% | 11.87% | 51.24% | 26.26% | 36.3% | 35.43% | 37.8% | 23.41% |
| Net Income Growth % | 36.59% | 15.95% | -7.52% | -20.14% | 585.59% | 90.65% | 525.47% | -14.26% | -37.57% | 1198.74% | -81.06% | 293.67% | -88.84% | -89.5% | 203.98% | 34.13% | -90.24% | 79.17% | 167.35% | 2211.11% |
| EPS (Diluted) | 0.05 | 0.19 | 0.25 | 0.09 | 0.03 | 0.16 | 0.27 | 0.12 | 0.00 | 0.09 | 0.04 | 0.14 | 0.01 | 0.01 | 0.23 | 0.03 | 0.07 | 0.06 | 0.08 | 0.03 |
| EPS Growth % | 49.7% | 18.75% | -7.41% | -22.17% | - | 87.13% | 515.03% | -14.29% | - | - | -80.91% | 303.46% | -88.86% | -89% | 202.63% | 15.67% | -90.28% | 50% | 163.89% | - |
| EPS (Basic) | 0.05 | 0.19 | 0.25 | 0.09 | 0.03 | 0.16 | 0.27 | 0.12 | 0.00 | 0.09 | 0.04 | 0.14 | 0.01 | 0.01 | 0.23 | 0.03 | 0.07 | 0.06 | 0.08 | 0.03 |
| Diluted Shares Outstanding | 24.17M | 24.16M | 24.17M | 24.14M | 24.2M | 24.16M | 24.15M | 24.14M | 24.15M | 24.15M | 24.06M | 24.17M | 24.14M | 24.09M | 24.07M | 24.12M | 24.18M | 24.22M | 24.18M | 24.18M |