Pure Cycle posts quarterly results update

Pure Cycle Corporation filed a current report to share that it has released financial results for the three months ended November 30, 2025.

Accepted by SEC EDGAR 01/08/2026 - 10:26 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Pure Cycle Corporation filed a current report to share that it has released financial results for the three months ended November 30, 2025. The company issued a press release on January 7, 2026, describing these quarterly results, which is included as Exhibit 99.1.

On January 8, 2026, Pure Cycle also presented and posted an earnings presentation summarizing its operations and financial results for the same period, furnished as Exhibit 99.2 and made available on its investor relations website. Both the press release and the presentation are being furnished rather than filed, limiting their use for certain securities law liability and incorporation-by-reference purposes.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Pure Cycle Corporation (PCYO) disclose in this Form 8-K?

Pure Cycle Corporation furnished a press release and an earnings presentation covering its financial results and operations for the three months ended November 30, 2025.

Which period do Pure Cycle Corporation (PCYO)'s latest results cover?

The press release and earnings presentation describe Pure Cycle Corporation’s financial results for the three months ended November 30, 2025.

What exhibits are included with Pure Cycle Corporation (PCYO)'s Form 8-K?

Exhibit 99.1 is a press release dated January 7, 2026 announcing earnings for the three months ended November 30, 2025, and Exhibit 99.2 is an earnings presentation for the same period. Exhibit 104 contains the cover page interactive data file.

Are Pure Cycle Corporation (PCYO)'s earnings materials considered filed with the SEC?

The press release and earnings presentation are being furnished, not filed, so they are not subject to Section 18 liabilities and are only incorporated into other filings if specifically referenced.

Where can investors find Pure Cycle Corporation (PCYO)'s earnings presentation?

The earnings presentation for the three months ended November 30, 2025 is furnished as Exhibit 99.2 and is also posted in the Investor Relations section of Pure Cycle’s website at www.purecyclewater.com.

What SEC items does Pure Cycle Corporation (PCYO)'s Form 8-K address?

The Form 8-K covers Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), and related exhibits under Item 9.01.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 7, 2026

PURE CYCLE CORPORATION

(Exact name of registrant as specified in its charter)

Colorado

(State or other jurisdiction of incorporation)

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0-8814	​ ​ ​	84-0705083
(Commission File Number)	​	(IRS Employer Identification No.)

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34501 East Quincy Avenue, Building 1, Suite D, Watkins, CO 80137

(Address of principal executive offices) (Zip Code)

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Registrant’s telephone, including area code	(303) 292-3456

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N/A

(Former name or former address, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Act:

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Common Stock 1/3 of $.01 par value	PCYO	The NASDAQ Stock Market
(Title of each class)	(Trading Symbol(s))	(Name of each exchange on which registered)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth Registrant as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth Registrant ☐

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If an emerging growth Registrant, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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This current report on Form 8-K is filed by Pure Cycle Corporation (Registrant), a Colorado corporation, in connection with the matters described herein

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Item 2.02 Results of Operations and Financial Condition.

On January 7, 2026, the Registrant issued a press release announcing its financial results for the three months ended November 30, 2025. A copy of the press release is furnished as Exhibit 99.1 hereto, and in incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the press release furnished as Exhibit 99.1 to this current report on Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information or exhibit be deemed incorporated by reference into any filing under the Securities Act of 1933 or Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in any such filing.

Item 7.01Regulation FD Disclosure

On January 8, 2026, the Registrant presented and posted on its website a presentation summarizing Pure Cycle’s operations and financial results (Earnings Presentation). The Earnings Presentation is furnished as Exhibit 99.2 to this Form 8-K and is incorporated herein by reference.

The information contained in the Earnings Presentation is summary information and should be read in conjunction with Pure Cycle’s filings with the Securities and Exchange Commission and other public announcements that Pure Cycle may make by press release or otherwise from time to time. The Earnings Presentation will be posted in the Investor Relations section of Pure Cycle’s website, www.purecyclewater.com.

The information contained in this Item 7.01 of Form 8-K, including the accompanying Exhibit 99.2 is being furnished, and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (Exchange Act), or otherwise subject to the liabilities of that section. The information contained in the presentation shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.		Description
99.1	​	Press Release dated January 7, 2026, announcing earnings for the three months ended November 30, 2025
99.2	​	Three months ended November 30, 2025 earnings presentation
104	​	Cover Page Interactive Data File (the cover page XBRL tags are embedded in the inline XBRL document)

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 8, 2025

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Vice	​	​	​
​	​ ​	PURE CYCLE CORPORATION
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​	​	By:	/s/ Marc S. Spezialy
​	​	​	Marc S. Spezialy
​	​	​	Vice President and Chief Financial Officer

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