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Side-by-side financial comparison of PURE CYCLE CORP (PCYO) and Precipio, Inc. (PRPO). Click either name above to swap in a different company.

PURE CYCLE CORP is the larger business by last-quarter revenue ($9.1M vs $6.8M, roughly 1.3× Precipio, Inc.). PURE CYCLE CORP runs the higher net margin — 50.0% vs 7.7%, a 42.3% gap on every dollar of revenue. On growth, PURE CYCLE CORP posted the faster year-over-year revenue change (58.8% vs 28.4%). Over the past eight quarters, PURE CYCLE CORP's revenue compounded faster (69.0% CAGR vs 40.0%).

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.

Precipio, Inc. is a specialty diagnostic firm that develops and provides advanced oncology, genetic, and rare disease testing solutions. It primarily serves healthcare providers, clinical laboratories, and patients across the United States, with a core focus on enhancing diagnostic accuracy and improving patient health outcomes.

PCYO vs PRPO — Head-to-Head

Bigger by revenue
PCYO
PCYO
1.3× larger
PCYO
$9.1M
$6.8M
PRPO
Growing faster (revenue YoY)
PCYO
PCYO
+30.4% gap
PCYO
58.8%
28.4%
PRPO
Higher net margin
PCYO
PCYO
42.3% more per $
PCYO
50.0%
7.7%
PRPO
Faster 2-yr revenue CAGR
PCYO
PCYO
Annualised
PCYO
69.0%
40.0%
PRPO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PCYO
PCYO
PRPO
PRPO
Revenue
$9.1M
$6.8M
Net Profit
$4.6M
$526.0K
Gross Margin
68.4%
45.9%
Operating Margin
48.0%
7.9%
Net Margin
50.0%
7.7%
Revenue YoY
58.8%
28.4%
Net Profit YoY
16.0%
244.1%
EPS (diluted)
$0.19
$0.36

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.

Revenue
PCYO
PCYO
PRPO
PRPO
Q4 25
$9.1M
$6.8M
Q3 25
$11.2M
$6.9M
Q2 25
$5.1M
$5.6M
Q1 25
$4.0M
$4.9M
Q4 24
$5.8M
$5.3M
Q3 24
$12.6M
$5.3M
Q2 24
$7.6M
$4.5M
Q1 24
$3.2M
$3.5M
Net Profit
PCYO
PCYO
PRPO
PRPO
Q4 25
$4.6M
$526.0K
Q3 25
$6.1M
$-79.0K
Q2 25
$2.3M
$74.0K
Q1 25
$809.0K
$-884.0K
Q4 24
$3.9M
$-365.0K
Q3 24
$6.6M
$-626.0K
Q2 24
$2.8M
$-1.2M
Q1 24
$118.0K
$-2.1M
Gross Margin
PCYO
PCYO
PRPO
PRPO
Q4 25
68.4%
45.9%
Q3 25
67.7%
43.6%
Q2 25
63.4%
43.2%
Q1 25
38.2%
43.6%
Q4 24
63.8%
49.8%
Q3 24
77.8%
43.1%
Q2 24
64.0%
38.1%
Q1 24
55.6%
26.5%
Operating Margin
PCYO
PCYO
PRPO
PRPO
Q4 25
48.0%
7.9%
Q3 25
53.1%
-0.9%
Q2 25
26.0%
-14.6%
Q1 25
-33.2%
-17.5%
Q4 24
29.9%
-6.3%
Q3 24
62.0%
-11.3%
Q2 24
40.3%
-26.8%
Q1 24
-11.5%
-59.6%
Net Margin
PCYO
PCYO
PRPO
PRPO
Q4 25
50.0%
7.7%
Q3 25
54.5%
-1.1%
Q2 25
43.9%
1.3%
Q1 25
20.3%
-18.0%
Q4 24
68.4%
-6.9%
Q3 24
52.6%
-11.9%
Q2 24
37.2%
-27.1%
Q1 24
3.7%
-59.8%
EPS (diluted)
PCYO
PCYO
PRPO
PRPO
Q4 25
$0.19
$0.36
Q3 25
$0.26
$-0.05
Q2 25
$0.09
$0.05
Q1 25
$0.03
$-0.59
Q4 24
$0.16
$-0.22
Q3 24
$0.27
$-0.42
Q2 24
$0.12
$-0.83
Q1 24
$0.00
$-1.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PCYO
PCYO
PRPO
PRPO
Cash + ST InvestmentsLiquidity on hand
$17.1M
$2.7M
Total DebtLower is stronger
$8.0M
$83.0K
Stockholders' EquityBook value
$147.5M
$14.6M
Total Assets
$168.1M
$21.3M
Debt / EquityLower = less leverage
0.05×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCYO
PCYO
PRPO
PRPO
Q4 25
$17.1M
$2.7M
Q3 25
$21.9M
$2.3M
Q2 25
$14.4M
$1.1M
Q1 25
$16.5M
$1.0M
Q4 24
$19.0M
$1.4M
Q3 24
$22.1M
$1.1M
Q2 24
$20.5M
$1.3M
Q1 24
$20.6M
$776.0K
Total Debt
PCYO
PCYO
PRPO
PRPO
Q4 25
$8.0M
$83.0K
Q3 25
$6.8M
Q2 25
$6.9M
Q1 25
$6.9M
Q4 24
$6.9M
$383.0K
Q3 24
$6.9M
Q2 24
Q1 24
Stockholders' Equity
PCYO
PCYO
PRPO
PRPO
Q4 25
$147.5M
$14.6M
Q3 25
$142.7M
$13.7M
Q2 25
$136.7M
$12.3M
Q1 25
$134.4M
$11.7M
Q4 24
$133.6M
$12.1M
Q3 24
$129.7M
$11.9M
Q2 24
$123.2M
$12.1M
Q1 24
$120.4M
$12.8M
Total Assets
PCYO
PCYO
PRPO
PRPO
Q4 25
$168.1M
$21.3M
Q3 25
$162.3M
$21.2M
Q2 25
$151.7M
$18.8M
Q1 25
$149.7M
$17.8M
Q4 24
$149.7M
$17.0M
Q3 24
$147.4M
$17.0M
Q2 24
$140.4M
$17.3M
Q1 24
$135.2M
$16.6M
Debt / Equity
PCYO
PCYO
PRPO
PRPO
Q4 25
0.05×
0.01×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
0.03×
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
PCYO
PCYO
PRPO
PRPO
Operating Cash FlowLast quarter
$-979.0K
$366.0K
Free Cash FlowOCF − Capex
$291.0K
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
-0.21×
0.70×
TTM Free Cash FlowTrailing 4 quarters
$359.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCYO
PCYO
PRPO
PRPO
Q4 25
$-979.0K
$366.0K
Q3 25
$9.4M
$10.0K
Q2 25
$-503.0K
$353.0K
Q1 25
$-1.4M
$-44.0K
Q4 24
$5.7M
$565.0K
Q3 24
$3.1M
$41.0K
Q2 24
$892.0K
$500.0K
Q1 24
$-457.0K
$-667.0K
Free Cash Flow
PCYO
PCYO
PRPO
PRPO
Q4 25
$291.0K
Q3 25
$-44.0K
Q2 25
$294.0K
Q1 25
$-182.0K
Q4 24
Q3 24
$-68.0K
Q2 24
Q1 24
FCF Margin
PCYO
PCYO
PRPO
PRPO
Q4 25
4.3%
Q3 25
-0.6%
Q2 25
5.2%
Q1 25
-3.7%
Q4 24
Q3 24
-1.3%
Q2 24
Q1 24
Capex Intensity
PCYO
PCYO
PRPO
PRPO
Q4 25
1.1%
Q3 25
0.8%
Q2 25
1.0%
Q1 25
2.8%
Q4 24
Q3 24
2.1%
Q2 24
Q1 24
Cash Conversion
PCYO
PCYO
PRPO
PRPO
Q4 25
-0.21×
0.70×
Q3 25
1.53×
Q2 25
-0.22×
4.77×
Q1 25
-1.70×
Q4 24
1.44×
Q3 24
0.47×
Q2 24
0.32×
Q1 24
-3.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PCYO
PCYO

Construction$6.5M71%
Water And Wastewater Resource Development Segment$2.5M27%

PRPO
PRPO

Segment breakdown not available.

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