Pure Cycle Announces Financial Results For the Three and Nine Months Ended May 31, 2026 and Announces a Board of Directors Transition

Pure Cycle Corporation reported strong financial results for Q3 2026 with net income of $2.9 million (31% increase) and $8.6 million year-to-date (23% increase), marking the 28th consecutive quarter of positive net income. Total revenue grew 60% and 51% for the quarter and nine months respectively, driven by growth in land development and water segments. The company is advancing development at Sky Ranch with Phase 2D approximately 84% complete and Phase 2E beginning construction. Water deliveries to oil and gas customers surged 119% for the quarter. The company also announced a board transition with director Daniel R. Kozlowski resigning effective July 7, 2026.