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Pure Cycle PCYO Land Development — Total Assets

Other segment segments

Water And Wastewater Resource Development
$75.41M+10.0%
Single Family Rentals
$14.69M+179%

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Other financials

Income statement

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Revenue$8.2M+60.0%
Gross profit$4.3M+31.6%
Operating income$2.1M+58.5%
Net income$2.9M+30.7%
EPS (diluted)$0.12+33.3%

Balance sheet

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Cash & equivalents$8.4M-41.4%
Total debt$14.1M+106%
Total equity$151.6M+10.9%
Total assets$176.0M+16.0%

Cash flow

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Operating cash flow-$4.2M
CapEx$74.0K
Free cash flow-$4.5M

Valuation

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Market cap$256.88M+8.9%
Enterprise value$262.56M+15.0%
P/E17.4×+0.1×
P/S7.6×-1.0×

Profitability

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Gross margin62%-4.4pp
Operating margin37.7%+3.0pp
Net margin43.7%-5.9pp
FCF margin-17.5%

Returns & leverage

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Return on equity10.2%-0.3pp
Debt / equity0.1×0.0×
Current ratio1.5×-2.0×

Where this comes from

Reported directly by Pure Cycle in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The source filing: Pure Cycle’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 4:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-081778
(In thousands)May 31, 2026August 31, 2025
Water and wastewater resource development$75,414$69,366
Land development8,32711,121
Single-family rental14,6885,280
Corporate77,54976,512
Total assets$175,978$162,279

Item 1. Consolidated Financial Statements

FAQ

What is Pure Cycle's land development — total assets?
Pure Cycle (PCYO) reported land development — total assets of $8.33M in Q1 2026.
How has Pure Cycle's land development — total assets changed year-over-year?
Pure Cycle's land development — total assets decreased by 27.6% year-over-year, from $11.5M to $8.33M.
What is the long-term trend for Pure Cycle's land development — total assets?
Over 3 years (2022 to 2025), Pure Cycle's land development — total assets has grown at a -36.0% compound annual growth rate (CAGR), from $154.95M to $40.55M.
What does land development — total assets mean?
Represents the total book value of assets specifically allocated to or utilized by the land development business segment. This includes land held for development, infrastructure, and other related capital investments. It is used to evaluate the capital intensity and asset base supporting the segment's revenue generation.

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