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Side-by-side financial comparison of JOINT Corp (JYNT) and PURE CYCLE CORP (PCYO). Click either name above to swap in a different company.
JOINT Corp is the larger business by last-quarter revenue ($15.2M vs $9.1M, roughly 1.7× PURE CYCLE CORP). PURE CYCLE CORP runs the higher net margin — 50.0% vs 6.5%, a 43.4% gap on every dollar of revenue. On growth, PURE CYCLE CORP posted the faster year-over-year revenue change (58.8% vs 3.1%). Over the past eight quarters, PURE CYCLE CORP's revenue compounded faster (69.0% CAGR vs -28.6%).
The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.
Pure Cycles, is a bicycle company based in Los Angeles, California that was founded by Michael Fishman, Jordan Schau, Zachary Schau and Austin Stoffers in 2010, as Pure Fix Cycles.
JYNT vs PCYO — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.2M | $9.1M |
| Net Profit | $991.1K | $4.6M |
| Gross Margin | 81.4% | 68.4% |
| Operating Margin | 4.9% | 48.0% |
| Net Margin | 6.5% | 50.0% |
| Revenue YoY | 3.1% | 58.8% |
| Net Profit YoY | 5510.5% | 16.0% |
| EPS (diluted) | $0.06 | $0.19 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $15.2M | $9.1M | ||
| Q3 25 | $13.4M | $11.2M | ||
| Q2 25 | $13.3M | $5.1M | ||
| Q1 25 | $13.1M | $4.0M | ||
| Q4 24 | $14.7M | $5.8M | ||
| Q3 24 | $30.2M | $12.6M | ||
| Q2 24 | $30.3M | $7.6M | ||
| Q1 24 | $29.7M | $3.2M |
| Q4 25 | $991.1K | $4.6M | ||
| Q3 25 | $855.0K | $6.1M | ||
| Q2 25 | $93.4K | $2.3M | ||
| Q1 25 | $967.8K | $809.0K | ||
| Q4 24 | $17.7K | $3.9M | ||
| Q3 24 | $-3.2M | $6.6M | ||
| Q2 24 | $-3.6M | $2.8M | ||
| Q1 24 | $947.0K | $118.0K |
| Q4 25 | 81.4% | 68.4% | ||
| Q3 25 | 80.1% | 67.7% | ||
| Q2 25 | 79.1% | 63.4% | ||
| Q1 25 | 77.3% | 38.2% | ||
| Q4 24 | 78.4% | 63.8% | ||
| Q3 24 | 90.7% | 77.8% | ||
| Q2 24 | 90.7% | 64.0% | ||
| Q1 24 | 90.9% | 55.6% |
| Q4 25 | 4.9% | 48.0% | ||
| Q3 25 | 1.2% | 53.1% | ||
| Q2 25 | -8.6% | 26.0% | ||
| Q1 25 | -5.2% | -33.2% | ||
| Q4 24 | 5.5% | 29.9% | ||
| Q3 24 | -1.6% | 62.0% | ||
| Q2 24 | -5.9% | 40.3% | ||
| Q1 24 | -1.4% | -11.5% |
| Q4 25 | 6.5% | 50.0% | ||
| Q3 25 | 6.4% | 54.5% | ||
| Q2 25 | 0.7% | 43.9% | ||
| Q1 25 | 7.4% | 20.3% | ||
| Q4 24 | 0.1% | 68.4% | ||
| Q3 24 | -10.5% | 52.6% | ||
| Q2 24 | -11.9% | 37.2% | ||
| Q1 24 | 3.2% | 3.7% |
| Q4 25 | $0.06 | $0.19 | ||
| Q3 25 | $0.06 | $0.26 | ||
| Q2 25 | $0.01 | $0.09 | ||
| Q1 25 | $0.06 | $0.03 | ||
| Q4 24 | $0.01 | $0.16 | ||
| Q3 24 | $-0.21 | $0.27 | ||
| Q2 24 | $-0.24 | $0.12 | ||
| Q1 24 | $0.06 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.6M | $17.1M |
| Total DebtLower is stronger | — | $8.0M |
| Stockholders' EquityBook value | $15.1M | $147.5M |
| Total Assets | $61.0M | $168.1M |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.6M | $17.1M | ||
| Q3 25 | $29.7M | $21.9M | ||
| Q2 25 | $29.8M | $14.4M | ||
| Q1 25 | $21.9M | $16.5M | ||
| Q4 24 | $25.1M | $19.0M | ||
| Q3 24 | $20.7M | $22.1M | ||
| Q2 24 | $17.5M | $20.5M | ||
| Q1 24 | $18.7M | $20.6M |
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $6.8M | ||
| Q2 25 | — | $6.9M | ||
| Q1 25 | — | $6.9M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $6.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $15.1M | $147.5M | ||
| Q3 25 | $22.7M | $142.7M | ||
| Q2 25 | $23.2M | $136.7M | ||
| Q1 25 | $22.8M | $134.4M | ||
| Q4 24 | $20.7M | $133.6M | ||
| Q3 24 | $20.5M | $129.7M | ||
| Q2 24 | $23.2M | $123.2M | ||
| Q1 24 | $26.2M | $120.4M |
| Q4 25 | $61.0M | $168.1M | ||
| Q3 25 | $69.4M | $162.3M | ||
| Q2 25 | $73.2M | $151.7M | ||
| Q1 25 | $80.1M | $149.7M | ||
| Q4 24 | $83.2M | $149.7M | ||
| Q3 24 | $79.6M | $147.4M | ||
| Q2 24 | $82.4M | $140.4M | ||
| Q1 24 | $85.7M | $135.2M |
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.05× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.8M | $-979.0K |
| Free Cash FlowOCF − Capex | $334.7K | — |
| FCF MarginFCF / Revenue | 2.2% | — |
| Capex IntensityCapex / Revenue | 9.9% | — |
| Cash ConversionOCF / Net Profit | 1.86× | -0.21× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8M | $-979.0K | ||
| Q3 25 | $1.8M | $9.4M | ||
| Q2 25 | $868.6K | $-503.0K | ||
| Q1 25 | $-3.7M | $-1.4M | ||
| Q4 24 | $9.4M | $5.7M | ||
| Q3 24 | $3.4M | $3.1M | ||
| Q2 24 | $-973.5K | $892.0K | ||
| Q1 24 | $2.8M | $-457.0K |
| Q4 25 | $334.7K | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $363.6K | — | ||
| Q1 25 | $-4.0M | — | ||
| Q4 24 | $8.2M | — | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $-1.2M | — | ||
| Q1 24 | $2.4M | — |
| Q4 25 | 2.2% | — | ||
| Q3 25 | 10.9% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | -30.8% | — | ||
| Q4 24 | 55.9% | — | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 8.1% | — |
| Q4 25 | 9.9% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.3% | — |
| Q4 25 | 1.86× | -0.21× | ||
| Q3 25 | 2.07× | 1.53× | ||
| Q2 25 | 9.30× | -0.22× | ||
| Q1 25 | -3.82× | -1.70× | ||
| Q4 24 | 532.98× | 1.44× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | 2.97× | -3.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JYNT
| Transferred At Point In Time | $12.8M | 84% |
| Transferred Over Time | $2.4M | 16% |
PCYO
| Construction | $6.5M | 71% |
| Water And Wastewater Resource Development Segment | $2.5M | 27% |
