Pure Cycle Corporation Reports Q1 Revenue Boost, Expands Customer Base, and Plans Infrastructure Investments

Pure Cycle Corporation reported a 59% increase in Q1 revenue to $9.14 million, adding two national home builders to its customer base. The company is expanding its Sky Ranch community, including a new interchange at I-70, and plans to open a charter high school in 2026. Pure Cycle's financial health is strong, with a net margin of 50.26% and a debt-to-equity ratio of 0.05. However, there are warning signs, including insider selling and a ROIC less than the weighted average cost of capital.