Pure Cycle Corp (PCYO) Net Margin (2010 - 2026)
Pure Cycle (PCYO) recorded Net Margin of 35.86% in fiscal Q3 2026 (quarter ended May 31, 2026), down 8.04 percentage points from 43.89% a year earlier but up 14.48 percentage points from the prior quarter.
Pure Cycle Corp (PCYO) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Pure Cycle's Net Margin came in at 43.66% as of May 31, 2026, down 5.91 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it was 50.25%, up 9.86 percentage points from FY2024.
- Annual Net Margin has a five-year change of +24.15 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at 40.40% in FY2024 (+8.18 pp), 32.22% in FY2023 (-9.60 pp), 41.82% in FY2022 (-75.61 pp) and 117.43% in FY2021 (+91.32 pp).
- Quarterly Net Margin has ranged from 3.69% in fiscal Q2 2024 to 68.45% in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +6.40 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 30.96 percentage points in fiscal Q4 2021, against a drop of 329.85 percentage points in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 21.38% (Q2 2026), 49.97% (Q1 2026) and 54.54% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 35.86% |
| Feb 28, 2026 | 21.38% |
| Nov 30, 2025 | 49.97% |
| Aug 31, 2025 | 54.54% |
| May 31, 2025 | 43.89% |
| Feb 28, 2025 | 20.25% |
| Nov 30, 2024 | 68.45% |
| Aug 31, 2024 | 52.59% |
| May 31, 2024 | 37.15% |
| Feb 29, 2024 | 3.69% |
| Nov 30, 2023 | 38.34% |
| Aug 31, 2023 | 31.35% |
| May 31, 2023 | 47.90% |
| Feb 28, 2023 | 6.30% |
| Nov 30, 2022 | 11.87% |
| Aug 31, 2022 | 51.24% |
| May 31, 2022 | 26.26% |
| Feb 28, 2022 | 36.30% |
| Nov 30, 2021 | 35.43% |
| Aug 31, 2021 | 37.80% |
Pure Cycle Corp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PCYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PCYO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PCYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();