NASDAQ$PCYO

Pure Cycle Corp · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Pure Cycle reported Q2 2025 revenue of $4.0M, net income of $809.0K.

For Q2 2025, Pure Cycle reported Revenue was $4.0M, net income was $809.0K. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $4.0M for Q2 2025.
  • Net income $809.0K.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$4M

Previous: $3.2M+25.0%
EPS (adj)

$0.03

Previous: $0.00
Water delivered (AF)

64

Previous: 404-84.2%
Taps sold

52

Previous: 0
Capital Expenditures

-$6.11M

Previous: -$1.51M-304.3%
Net Income

$809K

Previous: $118K+585.6%
Operating Income

-$1.33M

Previous: -$368K-260.6%

Revenue & EPS history

Pure Cycle · Revenue · Quarterly

$4M

Q2 2025+25%vs Q2 2024
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Revenue by segment

Pure Cycle · $3.63M total across 4 segments · Q1 2021

  • Lot sales
    $2.36M
  • Tap fees
    $1.08M
  • Water services
    $167K
  • Project mgmt & other
    $21K

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.8%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+1.9%

Avg return

30 days after

55%

26 / 47 earnings

Positive

+14.8%

Q2 2021

Best reaction

-9.6%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+1.1%-3.7%-1.0%
Q1 2026+4.7%+7.5%+4.6%
Q4 2025-1.9%-0.5%+8.1%
Q3 2025+1.7%-1.7%+0.8%
Q2 2025-4.5%-7.1%-3.9%
Q1 2025-4.1%-5.0%-3.6%
Q4 2024+11.1%+11.6%+13.7%
Q3 2024+7.4%+11.8%+7.2%
Q2 2024-0.1%-2.0%+1.2%
Q1 2024+0.6%+0.3%-2.6%
Q4 2023-4.1%-3.4%+5.4%
Q3 2023-0.4%+6.9%+9.2%
Q2 2023+1.2%+1.4%+2.9%
Q1 2023-9.6%-6.6%-15.4%
Q4 2022+10.9%+21.7%+29.0%
Q3 2022-3.8%-2.8%+0.6%
Q2 2022-5.8%-3.4%-18.4%
Q1 2022-2.4%-3.4%-10.6%
Q4 2021+1.3%+1.5%-6.7%
Q3 2021+2.4%+3.3%+9.9%
Q2 2021+14.8%+16.3%-4.8%
Q1 2021+6.0%+4.6%-2.4%
Q4 2020+4.8%+1.6%+9.5%
Q3 2020-6.2%-7.4%-2.6%
Q2 2020+7.7%+9.9%+7.6%
Q1 2020+0.6%-1.0%+6.2%
Q4 2019+1.1%+1.7%+10.0%
Q3 2019-1.9%+2.2%-0.2%
Q2 2019+1.8%+3.5%+2.4%
Q1 2019+1.1%-1.7%+2.3%
Q4 2018+0.6%-4.8%-9.1%
Q3 2018+2.0%+3.0%+8.1%
Q2 2018+2.2%-4.3%+1.1%
Q1 2018-1.2%-1.2%-9.2%
Q4 2017-2.1%-2.8%+8.3%
Q3 2017-1.9%-6.9%-7.8%
Q2 2017+0.9%+0.9%+39.6%
Q1 2017-0.9%-6.5%-3.7%
Q4 2016-6.2%-8.4%-9.3%
Q3 2016+0.6%-2.8%-1.1%
Q1 2012+0.0%
Q3 2011-7.5%
Q2 2011-0.9%
Q1 2010+0.6%
Q4 2010-2.5%
Q3 2010+7.3%
Q2 2009+9.9%

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