Pure Cycle (PCYO) Operating Expenses (2010 - 2026)

Pure Cycle (PCYO) has 17 years of Operating Expenses data on file, last reported at $2.5 million in Q1 2026.

• Quarterly Operating Expenses fell 11.67% year-over-year to $2.5 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $7.9 million (down 7.44% YoY) and the FY2025 annual result came in at $8.4 million, up 11.21% from the prior year.
• Operating Expenses improved to $2.5 million in Q1 2026 per PCYO's latest filing, from $1.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $2.9 million in Q1 2025 and bottomed at $916000.0 in Q2 2023.
• The 5-year median for Operating Expenses is $1.8 million (2023), against an average of $1.8 million.
• The widest annual swing landed in 2023, when Operating Expenses retreated 21.64%; it then jumped 96.29% in 2024.
• Tracing PCYO's Operating Expenses over 5 years: stood at $1.5 million in 2022, then climbed by 5.52% to $1.6 million in 2023, then grew by 22.76% to $1.9 million in 2024, then fell by 4.06% to $1.9 million in 2025, then soared by 34.96% to $2.5 million in 2026.
• Per Business Quant, the three latest PCYO Operating Expenses figures stand at $2.5 million (Q1 2026), $1.9 million (Q4 2025), and $1.6 million (Q3 2025).

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