Pure Cycle Income Statement

Financials in millions USD. Fiscal year is September - August.

Millions USD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	29.47	26.09	28.75	14.59	23	17.13
Revenue Growth (YoY)	1.23%	-9.25%	97.09%	-36.59%	34.32%	-33.77%
Fuel and Purchased Power Expense	-1.4	-	-	-2.43	-2.41	-1.92
Operations and Maintenance Expenses	-8.99	-7.59	-6.73	-7.21	-7.97	-8.17
Gross Profit	39.85	33.68	35.48	24.23	33.39	27.21
Depreciation & Amortization Expenses	-1.47	-0.59	-0.6	-2.16	-2.13	-1.77
Operating Income	10.33	7.67	12.24	2.07	10.1	5.27
Interest Income	2.12	3.27	2.84	2.5	1.97	2.96
Interest Expense	-0.3	-0.43	-0.44	-0.21	-0.09	-
Other Non-Operating Income (Expense)	4.88	6.95	0.99	1.85	0.73	18.37
Total Non-Operating Income (Expense)	6.69	9.8	3.39	4.15	2.61	21.32
Pretax Income	18.29	17.47	15.63	6.22	12.71	26.59
Provision for Income Taxes	-4.55	-4.36	-4.02	-1.52	3.09	6.48
Net Income	13.74	13.11	11.61	4.7	9.62	20.11
Net Income to Common	13.74	13.11	11.61	4.7	9.62	20.11
Net Income Growth	1.88%	12.89%	147.14%	-51.15%	-52.17%	197.93%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	0.09%	0.11%	0.14%	-0.21%	0.19%	100103.30%
EPS (Basic)	0.56	0.54	0.48	0.20	0.40	0.84
EPS (Diluted)	0.56	0.54	0.48	0.20	0.40	0.83
EPS Growth	1.82%	12.50%	140.00%	-50.00%	-51.81%	196.43%
Free Cash Flow	5.64	12.3	1.85	-2.73	17.3	3.07
Free Cash Flow Growth	-54.19%	563.59%	-	-	462.87%	-84.74%
Free Cash Flow Per Share	0.23	0.51	0.08	-0.11	0.72	0.13
Gross Margin	135.23%	129.11%	123.42%	166.09%	145.14%	158.88%
Operating Margin	35.07%	29.40%	42.59%	14.21%	43.89%	30.77%
Profit Margin	77.52%	83.68%	68.36%	53.07%	41.82%	117.43%
FCF Margin	19.12%	47.16%	6.45%	-18.74%	75.19%	17.94%
EBITDA	12.67	9.97	14.34	4.23	12.22	7.04
EBITDA Margin	43.00%	38.21%	49.89%	28.99%	53.13%	41.12%
EBIT	10.33	7.67	12.24	2.07	10.1	5.27
EBIT Margin	35.07%	29.40%	42.59%	14.21%	43.89%	30.77%
Effective Tax Rate	-24.90%	-24.96%	-25.71%	-24.45%	24.29%	24.37%

Updated Nov 30, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q