Pure Cycle Corporation reported $4.5 million of net income for the three months ended November 30, 2025, marking the twenty-sixth consecutive fiscal quarter with positive net income.
Revenue for the same period saw a 59% increase compared to the previous year, driving pre-tax income higher.
The company continues to see demand for entry-level lots at its Sky Ranch Master Planned Community and is diversifying partnerships with national homebuilders.
Strong Financial Performance
$4.5 million net income in Q1 2026, a 16% increase from the previous year.
Earnings Per Share Growth
Earnings per fully diluted common share reached $0.19, up 19% from the same period in 2024.
Expansion and Development
Partnering with new national homebuilders, expanding land development projects, and starting construction of a Charter High School at Sky Ranch.
- The positive net income trend reflects Pure Cycle's consistent profitability and effective capital management strategies.
- Revenue growth and partnership diversification indicate a strong market position and sustainable growth potential in the residential real estate sector.
Pure Cycle Corporation's financial results highlight its resilience in challenging market conditions and strategic focus on growth and shareholder returns.