Pure Cycle PCYO Business Segments
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Contract With Customer Liability Revenue Recognized During Period by Business | ||||||
| Land Development | $18.46M+18.2% | $16.61M+3.8% | $13.49M-17.2% | $14.27M+42.1% | $15.61M+87.6% | |
| Water And Wastewater Resource Development | $46K— | —— | —— | —— | —— | |
| Revenue by Business | ||||||
| Land Development | $20.02M+8.4% | $19.3M+5.0% | $15.55M-11.7% | $16.11M+59.0% | $18.46M+122% | |
| Water And Wastewater Resource Development | $10.09M-7.9% | $9.67M-5.6% | $10.04M-5.8% | $10.84M+20.5% | $10.96M+7.8% | |
| Revenue Recognized From Current Period Increase In Contract Liability by Business | ||||||
| Land Development | $19.23M+27.7% | $18.51M+45.3% | $14.67M-12.7% | $13.71M+68.9% | $15.06M+102% | |
| Gross Profit by Business | ||||||
| Land Development | $14.28M+11.5% | $13.02M-5.7% | $10.03M-24.1% | $11.26M+52.3% | $12.81M+117% | |
| Single Family Rentals | $355K+19.1% | $340K+14.5% | $320K+9.2% | $337K+34.3% | $298K+42.6% | |
| Water And Wastewater Resource Development | $5.24M-22.1% | $5.25M-12.1% | $5.68M-9.0% | $6.63M+61.4% | $6.73M+23.3% | |
| Cost Of Revenue by Business | ||||||
| Land Development | $5.74M+1.6% | $6.28M+37.5% | $5.52M+26.1% | $4.85M+77.2% | $5.65M+133% | |
| Single Family Rentals | $180K-5.8% | $163K-18.1% | $176K-6.4% | $160K-11.6% | $191K+42.5% | |
| Water And Wastewater Resource Development | $4.85M+14.5% | $4.42M+3.5% | $4.37M-1.4% | $4.22M-13.8% | $4.24M-10.2% | |
| Cost Of Revenue Excluding Depletion And Depreciation by Business | ||||||
| Land Development | $5.74M+1.6% | $6.28M+37.5% | $5.52M+26.1% | $4.85M+77.2% | $5.65M+133% | |
| Single Family Rentals | $180K-5.8% | $163K-18.1% | $176K-6.4% | $160K-11.6% | $191K+42.5% | |
| Water And Wastewater Resource Development | $3.19M+22.1% | $2.67M-2.9% | $2.66M-9.0% | $2.6M-22.4% | $2.62M-17.7% | |
| Revenue by Product | ||||||
| Lot Sales | $17.88M+9.4% | $17.39M+5.8% | $13.68M-14.5% | $14.08M+45.7% | $16.35M+104% | |
| Project Management Fees | $923K-2.2% | $828K-10.8% | $828K+13.7% | $861K+70.8% | $944K+146% | |
| Single Family Rentals | $535K+9.4% | $503K+1.4% | $496K+3.1% | $497K+15.0% | $489K+42.6% | |
| Wastewater Tap Fee | $1.3M+18.2% | $1.4M+100% | $1.4M+180% | $1.3M+333% | $1.1M+175% |
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.