PCTTW
PCTTW
PureCycle Technologies, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $2.69M ▲ | $-28.65M ▼ | $-18.79M ▲ | -697.11% ▲ | $-0.13 ▲ | $6.08M ▲ |
| Q3-2025 | $2.43M ▲ | $10.99M ▲ | $-28.37M ▲ | -1.17K% ▲ | $-0.19 ▲ | $-4.87M ▲ |
| Q2-2025 | $1.65M ▲ | $9.99M ▼ | $-144.24M ▼ | -8.74K% ▼ | $-0.81 ▼ | $-118.2M ▼ |
| Q1-2025 | $1.58M ▲ | $16.02M ▲ | $8.83M ▲ | 558.99% ▲ | $0.05 ▲ | $32.37M ▲ |
| Q4-2024 | $0 | $13.28M | $-64.68M | 0% | $-0.39 | $-41.01M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $170.32M ▼ | $922.67M ▼ | $876.78M ▼ | $45.89M ▼ |
| Q3-2025 | $237.94M ▼ | $989.12M ▼ | $920.9M ▼ | $68.22M ▼ |
| Q2-2025 | $284.07M ▲ | $1.04B ▲ | $943.6M ▲ | $98.87M ▼ |
| Q1-2025 | $22.48M ▲ | $787.34M ▼ | $549.13M ▼ | $238.21M ▲ |
| Q4-2024 | $15.68M | $798.38M | $617.94M | $180.45M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-18.79M ▲ | $-28.69M ▲ | $-26.96M ▼ | $-23.57M ▼ | $-79.26M ▼ | $-42.03M ▲ |
| Q3-2025 | $-28.37M ▲ | $-38.46M ▼ | $-3.9M ▲ | $-8.33M ▼ | $-50.74M ▼ | $-42.36M ▲ |
| Q2-2025 | $-144.24M ▼ | $-36.72M ▲ | $-8.61M ▲ | $305.81M ▲ | $260.48M ▲ | $-45.33M ▲ |
| Q1-2025 | $8.83M ▲ | $-38.87M ▼ | $-15M ▲ | $49.82M ▲ | $-4.05M ▲ | $-53.87M ▼ |
| Q4-2024 | $-64.68M | $-31.84M | $-21.59M | $1.29M | $-52.14M | $-53.44M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at PureCycle Technologies, Inc.'s financial evolution and strategic trajectory over the past five years.
PureCycle combines a strong technology story and a clear sustainability value proposition with solid short-term liquidity and a net cash balance. It has a sizable physical asset base, strategic partnerships with major industry players, and a differentiated, higher-purity product that targets premium markets where demand for recycled content is growing.
Financially, the company is currently deeply unprofitable, with heavy operating losses, large cash burn, and negative free cash flow. Historically accumulated losses have eroded equity, making long-term resilience dependent on future profitability and ongoing access to financing. Operational and execution risks around scaling novel industrial processes, as well as market, regulatory, and competitive uncertainties in advanced recycling, add further risk.
The outlook is highly dependent on whether PureCycle can successfully ramp its plants, convert its sales pipeline into stable, high-margin volumes, and gradually align its cost base with a much larger revenue scale. If the technology scales reliably and customer demand for ultra-pure recycled polypropylene continues to strengthen, the business could move toward a more sustainable financial profile; if not, prolonged cash burn and balance sheet pressure could become increasingly challenging. Overall, this remains a high-uncertainty, build-out phase story rather than a mature, steady-state industrial operation.
About PureCycle Technologies, Inc.
http://purecycletech.comPureCycle Technologies LLC produces recycled polypropylene. It uses a recycling process that separates color, odor, and contaminants from plastic waste feedstock into recycled polypropylene. Its recycling service converts waste plastic into virgin-like plastic. The company was founded in 2015 and is based in Orlando, Florida.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $2.69M ▲ | $-28.65M ▼ | $-18.79M ▲ | -697.11% ▲ | $-0.13 ▲ | $6.08M ▲ |
| Q3-2025 | $2.43M ▲ | $10.99M ▲ | $-28.37M ▲ | -1.17K% ▲ | $-0.19 ▲ | $-4.87M ▲ |
| Q2-2025 | $1.65M ▲ | $9.99M ▼ | $-144.24M ▼ | -8.74K% ▼ | $-0.81 ▼ | $-118.2M ▼ |
| Q1-2025 | $1.58M ▲ | $16.02M ▲ | $8.83M ▲ | 558.99% ▲ | $0.05 ▲ | $32.37M ▲ |
| Q4-2024 | $0 | $13.28M | $-64.68M | 0% | $-0.39 | $-41.01M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $170.32M ▼ | $922.67M ▼ | $876.78M ▼ | $45.89M ▼ |
| Q3-2025 | $237.94M ▼ | $989.12M ▼ | $920.9M ▼ | $68.22M ▼ |
| Q2-2025 | $284.07M ▲ | $1.04B ▲ | $943.6M ▲ | $98.87M ▼ |
| Q1-2025 | $22.48M ▲ | $787.34M ▼ | $549.13M ▼ | $238.21M ▲ |
| Q4-2024 | $15.68M | $798.38M | $617.94M | $180.45M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-18.79M ▲ | $-28.69M ▲ | $-26.96M ▼ | $-23.57M ▼ | $-79.26M ▼ | $-42.03M ▲ |
| Q3-2025 | $-28.37M ▲ | $-38.46M ▼ | $-3.9M ▲ | $-8.33M ▼ | $-50.74M ▼ | $-42.36M ▲ |
| Q2-2025 | $-144.24M ▼ | $-36.72M ▲ | $-8.61M ▲ | $305.81M ▲ | $260.48M ▲ | $-45.33M ▲ |
| Q1-2025 | $8.83M ▲ | $-38.87M ▼ | $-15M ▲ | $49.82M ▲ | $-4.05M ▲ | $-53.87M ▼ |
| Q4-2024 | $-64.68M | $-31.84M | $-21.59M | $1.29M | $-52.14M | $-53.44M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at PureCycle Technologies, Inc.'s financial evolution and strategic trajectory over the past five years.
PureCycle combines a strong technology story and a clear sustainability value proposition with solid short-term liquidity and a net cash balance. It has a sizable physical asset base, strategic partnerships with major industry players, and a differentiated, higher-purity product that targets premium markets where demand for recycled content is growing.
Financially, the company is currently deeply unprofitable, with heavy operating losses, large cash burn, and negative free cash flow. Historically accumulated losses have eroded equity, making long-term resilience dependent on future profitability and ongoing access to financing. Operational and execution risks around scaling novel industrial processes, as well as market, regulatory, and competitive uncertainties in advanced recycling, add further risk.
The outlook is highly dependent on whether PureCycle can successfully ramp its plants, convert its sales pipeline into stable, high-margin volumes, and gradually align its cost base with a much larger revenue scale. If the technology scales reliably and customer demand for ultra-pure recycled polypropylene continues to strengthen, the business could move toward a more sustainable financial profile; if not, prolonged cash burn and balance sheet pressure could become increasingly challenging. Overall, this remains a high-uncertainty, build-out phase story rather than a mature, steady-state industrial operation.

CEO
Dustin Olson
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
HARVARD MANAGEMENT CO INC
Shares:714.28K
Value:$364.29K
ZAZOVE ASSOCIATES LLC
Shares:575.46K
Value:$293.49K
BOOTHBAY FUND MANAGEMENT, LLC
Shares:232.94K
Value:$118.8K
Summary
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