Pure Cycle financials
$10.99+0.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Aug 31 | FY24 Aug 31 | FY23 Aug 31 | FY22 Aug 31 | FY21 Aug 31 | FY20 Aug 31 | FY19 Aug 31 | FY18 Aug 31 | FY17 Aug 31 | FY16 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.1M | $28.7M | $14.6M | $23.0M | $17.1M | $25.9M | $20.4M | $7.0M | $1.2M | $452.2K |
| Gross profit | $16.0M | $19.8M | $9.7M | $16.4M | $14.7M | $9.0M | $7.5M | $3.5M | $866.7K | $158.6K |
| Gross margin | 61.4% | 68.7% | 66.5% | 71.2% | 85.9% | 34.7% | 37.0% | 50.8% | 70.6% | 35.1% |
| Operating income | $7.7M | $12.2M | $2.1M | $10.1M | $5.3M | $1.5M | $3.0M | -$308.7K | -$2.1M | -$2.2M |
| Net income | $13.1M | $11.6M | $4.7M | $9.6M | $20.1M | $6.8M | $4.8M | $414.7K | -$1.7M | -$1.3M |
| Net margin | 50.3% | 40.4% | 32.2% | 41.8% | 117.4% | 26.1% | 23.6% | 6.0% | −139.3% | −289.9% |
| Diluted EPS | $0.54 | $0.48 | $0.19 | $0.40 | $0.83 | $0.28 | $0.20 | $0.02 | $-0.07 | $-0.06 |
| EBITDA | $10.0M | $14.3M | $4.2M | $12.2M | $7.0M | $4.7M | $4.3M | $593.9K | -$1.4M | -$1.8M |
| Operating cash flow | $13.2M | $2.3M | -$2.3M | $17.5M | $3.5M | $20.8M | $3.5M | $18.2K | -$1.0M | -$241.6K |
| Free cash flow | $11.9M | -$593.0K | -$6.2M | $17.2M | $3.1M | $12.1M | -$10.9M | -$5.7M | -$8.9M | -$1.9M |
| Diluted shares | 24.2M | 24.1M | 24.1M | 24.2M | 24.1M | 24.1M | 24.0M | 23.9M | 23.8M | 23.8M |
Balance sheet
| Period end | Aug 31 | Aug 31 | Aug 31 | Aug 31 | Aug 31 | Aug 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $21.9M | $22.1M | $26.0M | $34.9M | $20.1M | $21.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $6.8M | $6.9M | $6.9M | $4.0M | $0.00 | $0.00 |
| Total assets | $162.3M | $147.4M | $133.2M | $129.2M | $117.2M | $89.8M |
| Total liabilities | $19.5M | $17.7M | $15.0M | $16.2M | $14.4M | $7.7M |
| Shareholders' equity | $142.7M | $129.7M | $118.2M | $113.0M | $102.7M | $82.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology