---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-010767"
form_type: "8-K"
ticker: "PCYO"
cik: "0000276720"
company_name: "PURE CYCLE CORP"
filed_at: "2022-07-18T23:59:59+00:00"
generated_at: "2026-06-24T13:39:57.561502+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Pure Cycle Q3 net income $0.8M, revenue $3.2M; Sky Ranch Phase 2A near 2/3 complete

## Summary
- Net income $0.8M (Q3), $4.0M (nine months); diluted EPS $0.03 and $0.17.
- Revenue $3.2M (Q3), $12.1M (nine months) from lot sales, water taps, and single-family rentals.
- Sold 40 water taps in Phase 2A; total tap fees at Sky Ranch $16.4M.
- Sky Ranch Phase 1 complete, Phase 2A nearly 67% complete; lot prices up ~40% vs Phase 1.
- Working capital $18.6M, cash $5.4M; EBITDA $1.6M (Q3), $6.7M (nine months).

## SEC filing metadata
- accession: 0001558370-22-010767
- form_type: 8-K
- ticker: PCYO
- cik: 0000276720
- company_name: PURE CYCLE CORP
- filed_at: 2022-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/276720/000155837022010767/0001558370-22-010767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/276720/000155837022010767/pcyo-20220711x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-010767
- JSON: https://secwatch.observer/filing/0001558370-22-010767.json
- Plain text: https://secwatch.observer/filing/0001558370-22-010767.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.