Pure Cycle Corporation (PCYO)

Pure Cycle Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Net Income	14.03	13.11	11.61	4.7	9.62	20.11
Depreciation & Amortization	2.28	2.3	2.1	2.16	2.13	1.77
Stock-Based Compensation	0.47	0.32	0.44	0.54	0.6	0.5
Other Adjustments	0.56	0.2	0.27	-0.81	-0.34	0.68
Change in Receivables	0.96	0.14	-0.38	1.33	-0.89	-0.41
Changes in Inventories	-	-	-	-2.56	0.61	-0.52
Changes in Accounts Payable	0.81	0.93	0.97	1.26	-2.36	1.55
Changes in Income Taxes Payable	1.05	-0.13	1.99	-3.08	-1.63	5.75
Changes in Unearned Revenue	0.77	1.18	0.44	-2.61	2.28	-1.2
Changes in Other Operating Activities	-21.49	-4.89	-15.14	-3.26	7.44	-24.77
Operating Cash Flow	3.68	13.16	2.31	-2.34	17.45	3.46
Operating Cash Flow Growth	-55.18%	469.38%	-	-	405.03%	-83.32%
Capital Expenditures	-1.02	-0.86	-0.46	-0.39	-0.16	-0.38
Purchases of Investments	-	-	-	-15	-	-
Proceeds from Sale of Investments	-	-	-	15.26	-	-
Other Investing Activities	-14.11	-8.79	-4.37	-9.1	-6.51	-2.51
Investing Cash Flow	-15.1	-9.65	-4.83	-9.24	-6.67	-2.9
Long-Term Debt Issued	1.4	-	-	3	4	-
Long-Term Debt Repaid	-0.31	-0.09	-0.03	-0.04	-0.04	-
Net Long-Term Debt Issued (Repaid)	1.1	-0.09	-0.03	2.96	3.96	-
Issuance of Common Stock	-	-	-	-	0.03	0.09
Repurchase of Common Stock	-0.22	-0.4	-0.58	-	-	-
Net Common Stock Issued (Repurchased)	-0.22	-0.4	-0.58	-	0.03	0.09
Other Financing Activities	-	-	-	-0.11	-0	-0
Financing Cash Flow	0.88	-0.49	-0.61	2.85	3.99	0.09
Net Cash Flow	-10.54	3.02	-3.13	-8.74	14.78	0.65
Free Cash Flow	2.65	12.3	1.85	-2.73	17.3	3.07
Free Cash Flow Growth	-78.43%	563.59%	-	-	462.87%	-84.74%
FCF Margin	8.66%	47.16%	6.45%	-18.74%	75.19%	17.94%
Free Cash Flow Per Share	0.11	0.51	0.08	-0.11	0.72	0.13
Levered Free Cash Flow	-2.47	11.54	1.49	-0.84	21.88	2.31
Unlevered Free Cash Flow	-8.67	4.28	-0.99	-6.93	20.85	-11.25

Updated Apr 8, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q