Pure Cycle Reports $1.1mln Net Income, Earnings per Share at $0.05 for Q2 FY26

Pure Cycle Corporation reported $1.1 million and $5.7 million of net income for Q3 and Q6 of FY26, marking the 27th consecutive fiscal quarter with positive net income. The company's earnings per share increased to $0.05 and $0.23, up from $0.03 and $0.20 in the same periods in FY25. Pure Cycle's cash balance was impacted by accelerated development activities at Sky Ranch and investments in new water and wastewater infrastructure. The company prioritizes investment in ongoing projects, share repurchases, and strategic initiatives.