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Side-by-side financial comparison of PURE CYCLE CORP (PCYO) and Sensus Healthcare, Inc. (SRTS). Click either name above to swap in a different company.
PURE CYCLE CORP is the larger business by last-quarter revenue ($9.1M vs $4.9M, roughly 1.8× Sensus Healthcare, Inc.). PURE CYCLE CORP runs the higher net margin — 50.0% vs -64.1%, a 114.1% gap on every dollar of revenue. On growth, PURE CYCLE CORP posted the faster year-over-year revenue change (58.8% vs -62.2%). Over the past eight quarters, PURE CYCLE CORP's revenue compounded faster (69.0% CAGR vs -31.9%).
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.
Sensus Healthcare, Inc. is a medical technology company that designs, manufactures and commercializes innovative non-invasive superficial radiation therapy systems. Its products are primarily used for treating non-melanoma skin cancers, keloids, and select cosmetic dermatology conditions, serving healthcare providers and clinical facilities worldwide.
PCYO vs SRTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $4.9M |
| Net Profit | $4.6M | $-3.2M |
| Gross Margin | 68.4% | 38.4% |
| Operating Margin | 48.0% | -63.8% |
| Net Margin | 50.0% | -64.1% |
| Revenue YoY | 58.8% | -62.2% |
| Net Profit YoY | 16.0% | -304.9% |
| EPS (diluted) | $0.19 | $-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 | $9.1M | $4.9M | ||
| Q3 25 | $11.2M | $6.9M | ||
| Q2 25 | $5.1M | $7.3M | ||
| Q1 25 | $4.0M | $8.3M | ||
| Q4 24 | $5.8M | $13.1M | ||
| Q3 24 | $12.6M | $8.8M | ||
| Q2 24 | $7.6M | $9.2M | ||
| Q1 24 | $3.2M | $10.7M |
| Q4 25 | $4.6M | $-3.2M | ||
| Q3 25 | $6.1M | $-943.0K | ||
| Q2 25 | $2.3M | $-1.0M | ||
| Q1 25 | $809.0K | $-2.6M | ||
| Q4 24 | $3.9M | $1.5M | ||
| Q3 24 | $6.6M | $1.2M | ||
| Q2 24 | $2.8M | $1.6M | ||
| Q1 24 | $118.0K | $2.3M |
| Q4 25 | 68.4% | 38.4% | ||
| Q3 25 | 67.7% | 39.4% | ||
| Q2 25 | 63.4% | 39.7% | ||
| Q1 25 | 38.2% | 52.2% | ||
| Q4 24 | 63.8% | 54.4% | ||
| Q3 24 | 77.8% | 59.3% | ||
| Q2 24 | 64.0% | 58.7% | ||
| Q1 24 | 55.6% | 62.5% |
| Q4 25 | 48.0% | -63.8% | ||
| Q3 25 | 53.1% | -37.3% | ||
| Q2 25 | 26.0% | -26.6% | ||
| Q1 25 | -33.2% | -31.7% | ||
| Q4 24 | 29.9% | 13.2% | ||
| Q3 24 | 62.0% | 16.9% | ||
| Q2 24 | 40.3% | 21.5% | ||
| Q1 24 | -11.5% | 27.1% |
| Q4 25 | 50.0% | -64.1% | ||
| Q3 25 | 54.5% | -13.7% | ||
| Q2 25 | 43.9% | -14.2% | ||
| Q1 25 | 20.3% | -30.8% | ||
| Q4 24 | 68.4% | 11.8% | ||
| Q3 24 | 52.6% | 13.7% | ||
| Q2 24 | 37.2% | 17.4% | ||
| Q1 24 | 3.7% | 21.3% |
| Q4 25 | $0.19 | $-0.19 | ||
| Q3 25 | $0.26 | $-0.06 | ||
| Q2 25 | $0.09 | $-0.06 | ||
| Q1 25 | $0.03 | $-0.16 | ||
| Q4 24 | $0.16 | $0.10 | ||
| Q3 24 | $0.27 | $0.07 | ||
| Q2 24 | $0.12 | $0.10 | ||
| Q1 24 | $0.00 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.1M | $22.1M |
| Total DebtLower is stronger | $8.0M | — |
| Stockholders' EquityBook value | $147.5M | $48.1M |
| Total Assets | $168.1M | $53.0M |
| Debt / EquityLower = less leverage | 0.05× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.1M | $22.1M | ||
| Q3 25 | $21.9M | $24.5M | ||
| Q2 25 | $14.4M | $22.2M | ||
| Q1 25 | $16.5M | $19.1M | ||
| Q4 24 | $19.0M | $22.1M | ||
| Q3 24 | $22.1M | $22.6M | ||
| Q2 24 | $20.5M | $19.0M | ||
| Q1 24 | $20.6M | $14.7M |
| 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 | $147.5M | $48.1M | ||
| Q3 25 | $142.7M | $51.2M | ||
| Q2 25 | $136.7M | $52.1M | ||
| Q1 25 | $134.4M | $53.0M | ||
| Q4 24 | $133.6M | $55.8M | ||
| Q3 24 | $129.7M | $54.1M | ||
| Q2 24 | $123.2M | $52.9M | ||
| Q1 24 | $120.4M | $51.2M |
| Q4 25 | $168.1M | $53.0M | ||
| Q3 25 | $162.3M | $58.3M | ||
| Q2 25 | $151.7M | $58.9M | ||
| Q1 25 | $149.7M | $60.2M | ||
| Q4 24 | $149.7M | $62.2M | ||
| Q3 24 | $147.4M | $59.9M | ||
| Q2 24 | $140.4M | $58.2M | ||
| Q1 24 | $135.2M | $57.3M |
| 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 | $-979.0K | $-2.2M |
| Free Cash FlowOCF − Capex | — | $-2.4M |
| FCF MarginFCF / Revenue | — | -47.9% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | -0.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $332.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-979.0K | $-2.2M | ||
| Q3 25 | $9.4M | $2.3M | ||
| Q2 25 | $-503.0K | $3.1M | ||
| Q1 25 | $-1.4M | $-2.7M | ||
| Q4 24 | $5.7M | $-827.0K | ||
| Q3 24 | $3.1M | $4.0M | ||
| Q2 24 | $892.0K | $4.2M | ||
| Q1 24 | $-457.0K | $-8.2M |
| Q4 25 | — | $-2.4M | ||
| Q3 25 | — | $2.3M | ||
| Q2 25 | — | $3.1M | ||
| Q1 25 | — | $-2.7M | ||
| Q4 24 | — | $-1.1M | ||
| Q3 24 | — | $3.6M | ||
| Q2 24 | — | $4.2M | ||
| Q1 24 | — | $-8.4M |
| Q4 25 | — | -47.9% | ||
| Q3 25 | — | 33.3% | ||
| Q2 25 | — | 42.2% | ||
| Q1 25 | — | -32.2% | ||
| Q4 24 | — | -8.6% | ||
| Q3 24 | — | 40.9% | ||
| Q2 24 | — | 45.8% | ||
| Q1 24 | — | -79.0% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 2.2% |
| Q4 25 | -0.21× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | -0.22× | — | ||
| Q1 25 | -1.70× | — | ||
| Q4 24 | 1.44× | -0.53× | ||
| Q3 24 | 0.47× | 3.25× | ||
| Q2 24 | 0.32× | 2.62× | ||
| Q1 24 | -3.87× | -3.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCYO
| Construction | $6.5M | 71% |
| Water And Wastewater Resource Development Segment | $2.5M | 27% |
SRTS
| Products | $2.8M | 57% |
| Other | $2.1M | 43% |
