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Side-by-side financial comparison of PURE CYCLE CORP (PCYO) and UNITED SECURITY BANCSHARES (UBFO). Click either name above to swap in a different company.
UNITED SECURITY BANCSHARES is the larger business by last-quarter revenue ($13.5M vs $9.1M, roughly 1.5× PURE CYCLE CORP). PURE CYCLE CORP runs the higher net margin — 50.0% vs 25.2%, a 24.8% gap on every dollar of revenue. On growth, PURE CYCLE CORP posted the faster year-over-year revenue change (58.8% vs 13.6%). Over the past eight quarters, PURE CYCLE CORP's revenue compounded faster (69.0% CAGR vs 3.0%).
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.
United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.
PCYO vs UBFO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $13.5M |
| Net Profit | $4.6M | $3.4M |
| Gross Margin | 68.4% | — |
| Operating Margin | 48.0% | 31.5% |
| Net Margin | 50.0% | 25.2% |
| Revenue YoY | 58.8% | 13.6% |
| Net Profit YoY | 16.0% | 36.8% |
| EPS (diluted) | $0.19 | $0.18 |
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 | $13.5M | ||
| Q3 25 | $11.2M | $14.0M | ||
| Q2 25 | $5.1M | $12.6M | ||
| Q1 25 | $4.0M | $13.7M | ||
| Q4 24 | $5.8M | $11.9M | ||
| Q3 24 | $12.6M | $13.8M | ||
| Q2 24 | $7.6M | $13.0M | ||
| Q1 24 | $3.2M | $12.8M |
| Q4 25 | $4.6M | $3.4M | ||
| Q3 25 | $6.1M | $4.0M | ||
| Q2 25 | $2.3M | $2.2M | ||
| Q1 25 | $809.0K | $2.7M | ||
| Q4 24 | $3.9M | $2.5M | ||
| Q3 24 | $6.6M | $3.8M | ||
| Q2 24 | $2.8M | $4.3M | ||
| Q1 24 | $118.0K | $4.2M |
| Q4 25 | 68.4% | — | ||
| Q3 25 | 67.7% | — | ||
| Q2 25 | 63.4% | — | ||
| Q1 25 | 38.2% | — | ||
| Q4 24 | 63.8% | — | ||
| Q3 24 | 77.8% | — | ||
| Q2 24 | 64.0% | — | ||
| Q1 24 | 55.6% | — |
| Q4 25 | 48.0% | 31.5% | ||
| Q3 25 | 53.1% | 40.3% | ||
| Q2 25 | 26.0% | 24.0% | ||
| Q1 25 | -33.2% | 27.5% | ||
| Q4 24 | 29.9% | 27.5% | ||
| Q3 24 | 62.0% | 37.1% | ||
| Q2 24 | 40.3% | 46.4% | ||
| Q1 24 | -11.5% | 45.9% |
| Q4 25 | 50.0% | 25.2% | ||
| Q3 25 | 54.5% | 28.7% | ||
| Q2 25 | 43.9% | 17.2% | ||
| Q1 25 | 20.3% | 19.6% | ||
| Q4 24 | 68.4% | 20.9% | ||
| Q3 24 | 52.6% | 27.7% | ||
| Q2 24 | 37.2% | 33.0% | ||
| Q1 24 | 3.7% | 32.6% |
| Q4 25 | $0.19 | $0.18 | ||
| Q3 25 | $0.26 | $0.23 | ||
| Q2 25 | $0.09 | $0.13 | ||
| Q1 25 | $0.03 | $0.16 | ||
| Q4 24 | $0.16 | $0.14 | ||
| Q3 24 | $0.27 | $0.22 | ||
| Q2 24 | $0.12 | $0.25 | ||
| Q1 24 | $0.00 | $0.24 |
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 | $264.2M |
| Total DebtLower is stronger | $8.0M | — |
| Stockholders' EquityBook value | $147.5M | $139.7M |
| Total Assets | $168.1M | $1.2B |
| Debt / EquityLower = less leverage | 0.05× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.1M | $264.2M | ||
| Q3 25 | $21.9M | $211.1M | ||
| Q2 25 | $14.4M | $199.5M | ||
| Q1 25 | $16.5M | $198.4M | ||
| Q4 24 | $19.0M | $216.9M | ||
| Q3 24 | $22.1M | $216.8M | ||
| Q2 24 | $20.5M | $166.3M | ||
| Q1 24 | $20.6M | $168.6M |
| 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 | $147.5M | $139.7M | ||
| Q3 25 | $142.7M | $137.4M | ||
| Q2 25 | $136.7M | $134.3M | ||
| Q1 25 | $134.4M | $132.9M | ||
| Q4 24 | $133.6M | $130.4M | ||
| Q3 24 | $129.7M | $132.9M | ||
| Q2 24 | $123.2M | $127.3M | ||
| Q1 24 | $120.4M | $124.2M |
| Q4 25 | $168.1M | $1.2B | ||
| Q3 25 | $162.3M | $1.2B | ||
| Q2 25 | $151.7M | $1.2B | ||
| Q1 25 | $149.7M | $1.2B | ||
| Q4 24 | $149.7M | $1.2B | ||
| Q3 24 | $147.4M | $1.3B | ||
| Q2 24 | $140.4M | $1.2B | ||
| Q1 24 | $135.2M | $1.2B |
| 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 | $22.1M |
| Free Cash FlowOCF − Capex | — | $19.8M |
| FCF MarginFCF / Revenue | — | 146.0% |
| Capex IntensityCapex / Revenue | — | 16.8% |
| Cash ConversionOCF / Net Profit | -0.21× | 6.46× |
| TTM Free Cash FlowTrailing 4 quarters | — | $36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-979.0K | $22.1M | ||
| Q3 25 | $9.4M | $7.0M | ||
| Q2 25 | $-503.0K | $8.7M | ||
| Q1 25 | $-1.4M | $3.0M | ||
| Q4 24 | $5.7M | $19.6M | ||
| Q3 24 | $3.1M | $5.4M | ||
| Q2 24 | $892.0K | $2.3M | ||
| Q1 24 | $-457.0K | $7.4M |
| Q4 25 | — | $19.8M | ||
| Q3 25 | — | $6.1M | ||
| Q2 25 | — | $8.1M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | — | $18.6M | ||
| Q3 24 | — | $5.3M | ||
| Q2 24 | — | $2.0M | ||
| Q1 24 | — | $7.0M |
| Q4 25 | — | 146.0% | ||
| Q3 25 | — | 43.7% | ||
| Q2 25 | — | 64.3% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 156.0% | ||
| Q3 24 | — | 38.1% | ||
| Q2 24 | — | 15.5% | ||
| Q1 24 | — | 54.8% |
| Q4 25 | — | 16.8% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 3.6% |
| Q4 25 | -0.21× | 6.46× | ||
| Q3 25 | 1.53× | 1.73× | ||
| Q2 25 | -0.22× | 4.01× | ||
| Q1 25 | -1.70× | 1.13× | ||
| Q4 24 | 1.44× | 7.87× | ||
| Q3 24 | 0.47× | 1.40× | ||
| Q2 24 | 0.32× | 0.54× | ||
| Q1 24 | -3.87× | 1.79× |
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% |
UBFO
Segment breakdown not available.
