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AI brief of an SEC Form 8-K · PURE CYCLE CORP (PCYO)

Pure Cycle Q3 net income rises 31% to $2.9 million; director Kozlowski resigns

Positive Impact 3 of 5 earnings Written later

Pure Cycle reported third-quarter fiscal 2026 results for the three months ended May 31, 2026, with revenue up 60% to $8.2 million and net income up 31% to $2.9 million compared with the prior-year quarter. The same day, director Daniel R. Kozlowski resigned from the board effective immediately, and the filing states the resignation did not result from any disagreement with the company.

Key points

  • Q3 revenue was $8.2 million versus $5.1 million a year earlier; nine-month revenue was $22.5 million versus $14.9 million
  • Q3 earnings per diluted share were $0.12 versus $0.09; nine-month net income was $8.6 million, up 23%
  • Water and wastewater segment revenue rose 119% in the quarter on higher oil and gas water demand
  • Kozlowski resigned from the board on July 7, 2026; cash and cash equivalents were $8.4 million at May 31, 2026, compared with $21.9 million at August 31, 2025

The filing

CompanyPURE CYCLE CORP (PCYO)
Form8-K, current report
Filed with the SECJul 9, 2026, 11:00 AM ET
Accession number0001104659-26-082168

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 09, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.