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	May '26 May 31, 2026	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	33.73	26.09	28.75	14.59	23	17.13
Revenue Growth (YoY)	22.88%	-9.25%	97.09%	-36.59%	34.32%	-33.77%
Fuel and Purchased Power Expense	6.02	4.78	4.43	-2.43	-2.41	-1.92
Operations and Maintenance Expenses	14.28	13.05	11.48	6.94	7.79	7.18
Gross Profit	13.43	8.26	12.84	10.07	17.62	11.86
Depreciation & Amortization Expenses	0.72	0.59	0.6	2.16	2.13	1.77
Operating Income	12.7	7.67	12.24	2.07	10.1	5.27
Interest Income	4.17	3.27	2.84	2.5	1.97	2.96
Interest Expense	-0.5	-0.43	-0.44	-0.21	-0.09	-
Other Non-Operating Income (Expense)	3.26	6.95	0.99	1.85	0.73	18.37
Total Non-Operating Income (Expense)	6.93	9.8	3.39	4.15	2.61	21.32
Pretax Income	19.64	17.47	15.63	6.22	12.71	26.59
Provision for Income Taxes	4.91	4.36	4.02	1.52	-3.09	-6.48
Net Income	14.73	13.11	11.61	4.7	15.79	33.07
Net Income to Common	14.73	13.11	11.61	4.7	9.62	20.11
Net Income Growth	8.22%	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)	0.04%	0.11%	0.14%	-0.21%	0.19%	0.20%
EPS (Basic)	0.61	0.54	0.48	0.20	0.40	0.84
EPS (Diluted)	0.61	0.54	0.48	0.19	0.40	0.83
EPS Growth	10.91%	12.50%	146.24%	-51.27%	-51.81%	196.43%
Free Cash Flow	6.47	12.3	1.85	-2.73	17.3	3.07
Free Cash Flow Growth	-47.44%	563.59%	-	-	462.87%	-84.74%
Free Cash Flow Per Share	0.27	0.51	0.08	-0.11	0.72	0.13
Gross Margin	39.81%	31.66%	44.66%	69.07%	76.60%	69.26%
Operating Margin	37.67%	29.40%	42.59%	14.21%	43.89%	30.77%
Profit Margin	43.66%	50.25%	40.40%	32.22%	68.65%	193.11%
FCF Margin	19.17%	47.16%	6.45%	-18.74%	75.19%	17.94%
EBITDA	15.07	9.97	14.34	4.23	12.22	7.04
EBITDA Margin	44.69%	38.21%	49.89%	28.99%	53.13%	41.12%
EBIT	12.7	7.67	12.24	2.07	10.1	5.27
EBIT Margin	37.67%	29.40%	42.59%	14.21%	43.89%	30.77%
Effective Tax Rate	25.01%	24.96%	25.71%	24.45%	-24.29%	-24.37%

SEC Filings: 10-K · 10-Q