The earnings call reflected a balanced view with significant achievements, such as a strong gross profit margin and expansion plans in single-family rentals, offset by challenges like slight revenue decline and delays in permitting. The company maintains a strong financial position with high liquidity, positioning itself for future growth.

Company Guidance -

Q4 2025

During Pure Cycle Corporation's third quarter earnings call for fiscal year 2025, CEO Mark Harding provided financial guidance, highlighting key metrics including quarterly revenues of $5 million, with gross profits of $3.2 million, reflecting a 63% profit margin. The company also reported over $2 million in net income for the quarter, translating to earnings of $0.09 per share. Year-to-date figures showed net income of approximately $7 million, or $0.29 per share. Harding noted the influence of weighted lot deliveries from their largest homebuilder, D.R. Horton, which affected revenue trends. The company's fiscal year 2025 guidance anticipates revenues of $30.1 to $31 million and gross profits of around $23.7 million. Harding also discussed the development progress in their water utility and land development segments, emphasizing their business model's adaptability in fluctuating markets.

Strong Gross Profit Margin

The company reported a gross profit margin of 63%, resulting in $3.2 million in gross profits for the quarter.

Mineral Estate Revenue Boost

The mineral estate contributed over $1 million in quarterly revenue, with year-to-date revenue nearing $6 million due to additional wells drilled in 2024.

Net Income and Earnings Per Share Growth

Quarterly net income was over $2 million, or $0.09 per share, with year-to-date net income at $7 million, or $0.29 per share.

Expansion of Single-Family Rentals

The company is on track to expand its single-family rental units to about 100 units after Phase 2, with strong growth expected over the next 18 months.

New Development in Service Area

A new parcel in the Lowry Range area is under development, highlighting the strategic location and potential growth in the company's service area.

High Liquidity and Capital Stewardship

The company maintains a strong balance sheet with high liquidity, allowing for continued investment in business segments and potential growth opportunities.

Pure Cycle (PCYO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PCYO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q4)	- / -	0.274	―	―	―
Jul 09, 2025	2025 (Q3)	- / 0.09	0.117	-20.51% (-0.02)
Apr 09, 2025	2025 (Q2)	- / 0.03	0.005	560.00% (+0.03)
Jan 08, 2025	2025 (Q1)	- / 0.16	0.086	89.53% (+0.08)
Nov 13, 2024	2024 (Q4)	- / 0.27	0.044	522.73% (+0.23)
Jul 10, 2024	2024 (Q3)	- / 0.12	0.136	-13.97% (-0.02)
Apr 10, 2024	2024 (Q2)	- / <0.01	0.008	-37.50% (>-0.01)
Jan 12, 2024	2024 (Q1)	- / 0.09	0.007	1128.57% (+0.08)
Nov 15, 2023	2023 (Q4)	- / 0.04	0.231	-80.95% (-0.19)
Jul 12, 2023	2023 (Q3)	- / 0.14	0.035	288.57% (+0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PCYO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 09, 2025	$10.64	$10.40	-2.26%
Apr 09, 2025	$10.78	$10.29	-4.55%
Jan 08, 2025	$11.98	$11.57	-3.42%
Nov 13, 2024	$11.68	$13.04	+11.64%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pure Cycle (PCYO) report earnings?

Pure Cycle (PCYO) is schdueled to report earning on Nov 18, 2025, TBA (Confirmed).

What is Pure Cycle (PCYO) earnings time?

Pure Cycle (PCYO) earnings time is at Nov 18, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PCYO EPS forecast?

Currently, no data Available

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