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Pure Cycle revenue PCYO

Sales by quarter and over the last twelve months, from 2010.

Last 12 months, to May 31, 2026
$33.7M
Latest quarter, Q3 FY26
$8.2M
+60% on a year earlier
Fiscal year 2025
$26.1M
−9% on the year before

Pure Cycle's revenue was $33.7M over the twelve months to May 31, 2026, up 23% on a year earlier.

In its latest quarter, Q3 FY26, it was $8.2M, up 60% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 0% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$26.1M−9%
FY2024$28.7M+97%
FY2023$14.6M−37%
FY2022$23M+34%
FY2021$17.1M−34%
FY2020$25.9M+27%
FY2019$20.4M+193%
FY2018$7M+467%
FY2017$1.2M+172%
FY2016$452.2K−69%
FY2015$1.5M−53%
FY2014$3.1M+66%
FY2013$1.9M+553%
FY2012$284.4K+1%
FY2011$282.1Kn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q3 FY26$8.2M+60%$33.7M
Q2 FY26$5.2M+29%$30.6M
Q1 FY26$9.1M+59%$29.5M
Q4 FY25$11.2M−11%$26.1M
Q3 FY25$5.1M−32%$27.4M
Q2 FY25$4M+25%$29.9M
Q1 FY25$5.8M+7%$29.1M
Q4 FY24$12.6M+273%$28.7M
Q3 FY24$7.6M+11%$19.6M
Q2 FY24$3.2M+7%$18.8M
Q1 FY24$5.4M+302%$18.6M
Q4 FY23$3.4M−69%$14.6M

Against its peers

Companies in Regulated Water nearest Pure Cycle's size, closest first, today.

CompanyRevenue, 12 monthsGrowth
PCYOPure Cycle$33.7M+23% a year
GWRSGlobal Water Resources$60.1M+11% a year
ARTNAArtesian Resources$116.9M+6% a year
CWCOConsolidated Water$127.6M−1% a year
YORWYork Water$83.4M+9% a year
MSEXMiddlesex Water$206.1M+5% a year
HTOH2O America$828.5M+5% a year
Peer median$122.3M

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Pure Cycle

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.