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Pure Cycle PCYO Land Development — Cost Of Revenue Excluding Depletion And Depreciation

Other financials

Income statement

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Revenue$5.2M+29.4%
Gross profit$2.8M+82.3%
Operating income$263.0K+120%
Net income$1.1M+36.6%
EPS (diluted)$0.05+66.7%

Balance sheet

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Cash & equivalents$4.8M-70.8%
Total debt$8.0M+15.1%
Total equity$148.7M+10.6%
Total assets$166.6M+11.3%

Cash flow

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Operating cash flow-$4.2M
CapEx$303.0K+2,425%
Free cash flow-$4.5M

Valuation

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Market cap$258.15M+3.7%

Where this comes from

Reported directly by Pure Cycle in its filing.

Tagged under the XBRL concept pcyo:CostOfRevenueExcludingDepletionAndDepreciation.

The official record: Pure Cycle’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

Questions, answered.

What is Pure Cycle's land development — cost of revenue excluding depletion and depreciation?
Pure Cycle (PCYO) reported land development — cost of revenue excluding depletion and depreciation of $800K in Q4 2025.
How has Pure Cycle's land development — cost of revenue excluding depletion and depreciation changed year-over-year?
Pure Cycle's land development — cost of revenue excluding depletion and depreciation decreased by 40.1% year-over-year, from $1.34M to $800K.
What is the long-term trend for Pure Cycle's land development — cost of revenue excluding depletion and depreciation?
Over 4 years (2021 to 2025), Pure Cycle's land development — cost of revenue excluding depletion and depreciation has grown at a 21.4% compound annual growth rate (CAGR), from $2.54M to $5.52M.
What does land development — cost of revenue excluding depletion and depreciation mean?
Reflects the direct cash costs associated with land development activities, such as labor, materials, and site preparation, excluding non-cash charges like depreciation and depletion. This metric is essential for evaluating the operational cash efficiency of the land development segment. It allows for a clearer assessment of the direct cost structure before accounting for asset-related non-cash expenses.