Pure Cycle (PCYO) Gross Margin (2016 - 2025)
Pure Cycle (PCYO) has disclosed Gross Margin for 16 consecutive years, with 68.43% as the latest value for Q4 2025.
- On a quarterly basis, Gross Margin rose 468.0% to 68.43% in Q4 2025 year-over-year; TTM through Nov 2025 was 63.16%, a 2060.0% increase, with the full-year FY2025 number at 61.45%, down 729.0% from a year prior.
- Gross Margin was 68.43% for Q4 2025 at Pure Cycle, up from 51.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 112.08% in Q3 2022 to a low of 21.2% in Q3 2023.
- A 5-year average of 66.28% and a median of 68.18% in 2023 define the central range for Gross Margin.
- Peak YoY movement for Gross Margin: crashed -13328bps in 2023, then surged 5287bps in 2024.
- Pure Cycle's Gross Margin stood at 67.63% in 2021, then soared by 36bps to 92.09% in 2022, then increased by 6bps to 97.29% in 2023, then tumbled by -34bps to 63.75% in 2024, then rose by 7bps to 68.43% in 2025.
- Per Business Quant, the three most recent readings for PCYO's Gross Margin are 68.43% (Q4 2025), 51.95% (Q3 2025), and 97.65% (Q2 2025).