secwatch.observer — SEC 8-K summary
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Issuer:     PURE CYCLE CORP (PCYO)
CIK:        0000276720
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001104659-26-001988
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pure Cycle Q1 net income $4.6M ($0.19 EPS), up 16% YoY; revenue up 59% on lot sales
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- Net income $4.6M ($0.19 diluted EPS), up 16% YoY; revenue $9.1M, up 59%.
- Land development lot sales revenue surged to $6.0M from $2.3M; Phase 2D 65% complete.
- Added Pulte and Oakwood as homebuilder partners; charter school construction begins fall 2026.
- Water deliveries fell to 147 acre-ft (from 301) due to lower oil & gas activity; taps sold increased to 51.
- Cash & equivalents $17.1M; working capital $14.8M; 26th consecutive quarterly profit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/276720/000110465926001988/0001104659-26-001988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/276720/000110465926001988/pcyo-20260107x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-001988

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