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Pure Cycle PCYO Business Segments

FY'25FY'24FY'23FY'22
Contract With Customer Liability Revenue Recognized During Period by Business
Land Development$13.49M-17.2%$16.3M+128%$7.15M-37.5%$11.43M+221%
Revenue by Business
Land Development$15.55M-11.7%$17.6M+148%$7.1M-44.8%$12.87M+72.3%
Water And Wastewater Resource Development$10.04M-5.8%$10.67M+45.7%$7.32M-27.1%$10.05M+4.1%
Revenue Recognized From Current Period Increase In Contract Liability by Business
Land Development$14.67M-12.7%$16.82M+271%$4.54M-66.9%$13.71M+242%
Gross Profit by Business
Land Development$10.03M-24.1%$13.23M+154%$5.21M-51.4%$10.7M+117%
Single Family Rentals$320K+9.2%$293K+218%$92K+55.9%$59K
Water And Wastewater Resource Development$5.68M-9.0%$6.24M+128%$2.74M-51.1%$5.61M-3.1%
Cost Of Revenue by Business
Land Development$5.52M+26.1%$4.37M+131%$1.89M-12.7%$2.17M-14.6%
Single Family Rentals$176K-6.4%$188K+158%$73K+217%$23K
Water And Wastewater Resource Development$4.37M-1.4%$4.43M-3.4%$4.58M+3.2%$4.44M+14.8%
Cost Of Revenue Excluding Depletion And Depreciation by Business
Land Development$5.52M+26.1%$4.37M+131%$1.89M-12.7%$2.17M-14.6%
Single Family Rentals$176K-6.4%$188K+158%$73K+217%$23K
Water And Wastewater Resource Development$2.66M-9.0%$2.92M0.0%$2.92M+8.3%$2.7M+12.0%
Revenue by Product
Lot Sales$13.68M-14.5%$16.01M+135%$6.82M-44.1%$12.19M+109%
Project Management Fees$828K+13.7%$728K+79.3%$406K-42.2%$702K-58.1%
Single Family Rentals$496K+3.1%$481K+192%$165K+101%$82K
Wastewater Tap Fee$1.4M+180%$500K0.0%$500K-37.5%$800K0.0%
Number Of Lots Retained For Use In Build To Rent Business by Product
First Subphase100.0%100.0%100.0%100.0%
Second Subphase170.0%170.0%17
Third Subphase400.0%40
Number Of Lots Under Contract With Homebuilder by Product
First Subphase2190.0%2190.0%2190.0%2190.0%
Second Subphase1940.0%1940.0%194
Third Subphase180-4.3%188
Percentage Of Completion Of Buildings by Product
Fourth Subphase43%
Second Subphase97%+5.0pp92%+61.0pp31%
Third Subphase82%+55.0pp27%

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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.