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U.S. water and wastewater provider Pure Cycle's Q2 revenue jumps

ReutersApr 8, 2026 8:11 PM

Overview

U.S. water and wastewater provider's Q2 revenue rose 29% yr/yr, net income up 37%
Diluted EPS for Q2 increased to $0.05 from $0.03 yr/yr
Accelerated lot development at Sky Ranch drove revenue growth due to mild winter

Outlook

Company expects to complete Phase 2D at Sky Ranch in Q3 fiscal 2026
Pure Cycle plans to complete 159 lots in Phase 2E in fiscal 2027

Result Drivers

MILD WINTER ACCELERATES DEVELOPMENT - Co said unseasonably warm weather enabled faster lot development at Sky Ranch, boosting revenue recognition
OIL AND GAS WATER DEMAND - Increased water deliveries to oil and gas customers contributed to higher water segment revenue

Company press release: ID:nGNX9LLkjn

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue		$5.2 mln
Q2 EPS		$0.05
Q2 Net Income		$1.1 mln

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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