Pure Cycle PCYO Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Contract With Customer Liability Revenue Recognized During Period by Business | ||||||
| Land Development | $2.68M+223% | $4.78M+188% | $7.47M-9.4% | $3.54M-27.5% | $828K-31.9% | |
| Water And Wastewater Resource Development | $4K— | $19K— | $12K-7.7% | $11K-38.9% | —— | |
| Revenue by Business | ||||||
| Land Development | $2.06M+53.7% | $6.52M+135% | $8.77M-6.0% | $2.66M-46.9% | $1.34M+6.9% | |
| Water And Wastewater Resource Development | $2.96M+16.6% | $2.48M-13.1% | $2.31M-25.7% | $2.35M-4.9% | $2.53M+39.5% | |
| Revenue Recognized From Current Period Increase In Contract Liability by Business | ||||||
| Land Development | $3.05M+30.5% | $3.86M+16,696% | $9.84M+10.9% | $2.48M-35.3% | $2.34M+7,966% | |
| Gross Profit by Business | ||||||
| Land Development | $1.26M+17,957% | $4.81M+165% | $6.09M-16.8% | $2.12M-42.2% | $7K-99.3% | |
| Single Family Rentals | $108K+16.1% | $76K+35.7% | $80K-17.5% | $91K+75.0% | $93K+1.1% | |
| Water And Wastewater Resource Development | $1.41M-1.1% | $1.37M-23.7% | $1.41M-40.2% | $1.05M-8.7% | $1.43M+110% | |
| Cost Of Revenue by Business | ||||||
| Land Development | $800K-40.1% | $1.72M+79.6% | $2.68M+33.2% | $543K-59.7% | $1.34M+437% | |
| Single Family Rentals | $42K+68.0% | $55K-19.1% | $43K+59.3% | $40K-43.7% | $25K-24.2% | |
| Water And Wastewater Resource Development | $1.54M+39.4% | $1.11M+4.8% | $897K+20.1% | $1.3M-1.6% | $1.11M-2.7% | |
| Cost Of Revenue Excluding Depletion And Depreciation by Business | ||||||
| Land Development | $800K-40.1% | $1.72M+79.6% | $2.68M+33.2% | $543K-59.7% | $1.34M+437% | |
| Single Family Rentals | $42K+68.0% | $55K-19.1% | $43K+59.3% | $40K-43.7% | $25K-24.2% | |
| Water And Wastewater Resource Development | $1.16M+81.5% | $705K+2.2% | $438K+16.8% | $891K-2.2% | $639K-17.9% | |
| Interest Expense Nonoperating by Business | ||||||
| Single Family Rentals | $106K+58.2% | $57K-17.4% | —— | —— | $67K-2.9% | |
| Water And Wastewater Resource Development | $36K-5.3% | $37K-2.6% | —— | —— | $38K+0.7% | |
| Revenue by Product | ||||||
| Lot Sales | $1.63M+43.8% | $6.02M+160% | $7.7M-4.9% | $2.53M-47.4% | $1.14M-6.5% | |
| Metered Water And Wastewater Usage Fees | $1.3M+225% | $800K-33.3% | —— | $400K-76.5% | $400K-76.5% | |
| Project Management Fees | $211K+81.9% | $300K0.0% | $274K-10.7% | $138K-37.6% | $116K+16.0% | |
| Single Family Rentals | $150K+27.1% | $131K+5.6% | $123K-0.8% | $131K+6.5% | $118K-5.6% | |
| Wastewater Tap Fee | $300K-25.0% | $300K0.0% | $400K+33.3% | $300K+200% | $400K— | |
| Water Tap Fee | $1.3M-23.5% | $1.4M+16.7% | —— | $1.4M+180% | $1.7M— | |
| Number Of Water And Wastewater Taps Sold by Product | ||||||
| Wastewater Tap Fee | 38-26.9% | 31-11.4% | —— | 40+122% | 52— | |
| Water Tap Fee | 44-15.4% | 51+34.2% | —— | 40+100% | 52— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Pure Cycle break its business down?
- Pure Cycle (PCYO) reports contract with customer liability revenue recognized during period by business across 2 parts — Land Development and Water And Wastewater Resource Development. Each is extracted from the segment footnotes and tracked over time.
- Where does Pure Cycle's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Pure Cycle's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.