# Pure Cycle Corp (PCYO)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/pure-cycle-corp/ JSON: https://steadybase.io/company/pure-cycle-corp.json Checked Nov 10, 2026. Latest filing read: Jul 8, 2026.

## Company

- Legal name: PURE CYCLE CORP
- Ticker: PCYO (Nasdaq)
- SEC CIK: 0000276720
- Industry: Water Supply (SIC 4941)
- Headquarters: Watkins, CO
- Fiscal year ends: August 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: purecyclewater.com
- LinkedIn: https://www.linkedin.com/company/pure-cycle-corporation
- Next earnings date: Nov 19, 2026

## Key facts

- Revenue: $26.1M for the fiscal year ended Aug 31, 2025 (10-K filed Nov 12, 2025). Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/0001104659-25-110312-index.html
- Operating income: $7.7M for the fiscal year ended Aug 31, 2025 (10-K filed Nov 12, 2025). Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/0001104659-25-110312-index.html
- Net income: $13.1M for the fiscal year ended Aug 31, 2025 (10-K filed Nov 12, 2025). Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/0001104659-25-110312-index.html
- SG&A: $7.8M for the fiscal year ended Aug 31, 2025 (10-K filed Nov 12, 2025). Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/0001104659-25-110312-index.html
- Employees: 44 as of Aug 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/pcyo-20250831x10k.htm
- Shares outstanding: 24,097,370 as of Jul 6, 2026 (10-Q filed Jul 8, 2026). Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926081778/0001104659-26-081778-index.html
- Auditor: Forvis Mazars, LLP, Denver, CO, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/pcyo-20250831x10k.htm

## Business

Unless otherwise specified or the context otherwise requires, any reference to “Pure Cycle,” the “Company,” “we,” “us” or “our” is to Pure Cycle Corporation and its wholly-owned subsidiaries on a consolidated basis.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/pcyo-20250831x10k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Aug 31, 2025 | $26.1M | $7.7M | $13.1M | $7.8M |
| Aug 31, 2024 | $28.7M | $12.2M | $11.6M | $6.9M |
| Aug 31, 2023 | $14.6M | $2.1M | $4.7M | $5.5M |
| Aug 31, 2022 | $23.0M | $10.1M | $9.6M | $5.9M |
| Aug 31, 2021 | $17.1M | $5.3M | $20.1M | $5.1M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/pure-cycle-corp.json

## Officers and directors

- Mark W. Harding, CHIEF EXECUTIVE OFFICER. LinkedIn: https://linkedin.com/in/mark-harding-0286a36. Source: Form 4 filed Sep 23, 2026, https://www.sec.gov/Archives/edgar/data/276720/000094076326000004/0000940763-26-000004-index.htm
- Marc Stephen Spezialy, Chief Financial Officer. Source: Form 4 filed Sep 17, 2026, https://www.sec.gov/Archives/edgar/data/276720/000154662826000002/0001546628-26-000002-index.htm
- Marc Spezialy, our Vice President, Chief Financial Officer. LinkedIn: https://www.linkedin.com/in/spezialy. Source: 10-K filed Nov 12, 2025, https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/pcyo-20250831x10k.htm
- Chris Fink, director. Source: 8-K filed Aug 25, 2026, https://www.sec.gov/Archives/edgar/data/276720/000110465926100607/pcyo-20260824x8k.htm
- Kelly Haecker, director. Source: 8-K filed Aug 25, 2026, https://www.sec.gov/Archives/edgar/data/276720/000110465926100607/pcyo-20260824x8k.htm

## Recent 8-K events

- Aug 25, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926100607/pcyo-20260824x8k.htm
- Jul 9, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926082168/pcyo-20260707x8k.htm
- May 26, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926066072/pcyo-20260521x8k.htm
- Apr 9, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926041286/pcyo-20260408x8k.htm
- Jan 16, 2026: Item 1.01, Entry into a material definitive agreement; Item 5.02, Departure or appointment of directors or officers; compensation; Item 5.07, Submission of matters to a vote of security holders; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926004427/pcyo-20260114x8k.htm
- Jan 8, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465926001988/pcyo-20260107x8k.htm
- Nov 13, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000110465925111010/pcyo-20251112x8k.htm
- Jul 10, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000155837025009165/pcyo-20250709x8k.htm
- Apr 10, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/276720/000155837025004657/pcyo-20250409x8k.htm
- Jan 17, 2025: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/276720/000155837025000261/pcyo-20250115x8k.htm

## Insider trades (Form 4)

- Nov 17, 2025: Daniel R. Kozlowski (Director) sold 68,778 shares, about $757,246. Source: https://www.sec.gov/Archives/edgar/data/276720/000091957425007114/0000919574-25-007114-index.htm

## Latest filings

- 8-K filed Aug 25, 2026: https://www.sec.gov/Archives/edgar/data/276720/000110465926100607/pcyo-20260824x8k.htm
- 10-K filed Nov 12, 2025: https://www.sec.gov/Archives/edgar/data/276720/000110465925110312/pcyo-20250831x10k.htm
- 10-Q filed Jul 8, 2026: https://www.sec.gov/Archives/edgar/data/276720/000110465926081778/pcyo-20260531x10q.htm
- DEF 14A filed Dec 4, 2025: https://www.sec.gov/Archives/edgar/data/276720/000110465925118311/pcyo-20260114xdef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/