PureCycle Technologies Reports Third Quarter 2026 Results

PureCycle (PCT) and IPL Schoeller launched SnapPack Square EVO, a sustainable packaging line with 20% PureFive recycled polypropylene. This follows their prior collaboration on a food-contact container. The launch aligns with New Jersey's recycled content laws, which require 10% PCR now, rising to 50% by 2036. PureCycle faces risks, including regulatory changes and execution challenges. In Q2, PureCycle reported a net loss of $142.2 million and adjusted EBITDA loss of $31.7 million, with PureFiv

PureCycle Technologies (PCT) reported Q2 revenue of $4.5M, up 173% YoY, with its PureFive resin used in Downy detergent caps. The company secured new partnerships and approvals but posted a net loss of $142.2M. It raised capital, repurchased debt, and plans to expand production. Analysts are divided on its prospects.

PureCycle Technologies (PCT) reported Q2 2026 revenue of $4.5 million, up 173% year over year, with sequential growth for the sixth quarter. The company posted a net loss of $142.2 million and negative adjusted EBITDA of $31.7 million. It ended with $236.9 million liquidity and raised $432 million net via convertible notes and common stock, while repurchasing $216 million of 7.25% convertibles. Management raised 2026 project spend guidance to $45-$50 million and cited progress on Ironton turnaro

PureCycle Technologies reported Q2 revenue of about $4.5M and an operating loss of $41.3M, with adjusted EBITDA of -$31.7M. The company cited commercial progress with Procter & Gamble, including Downy and Tide cap production timelines, and New Jersey recycled-content approvals. It targets Ironton cash breakeven in 2H 2026, expects Thailand ground in 2H 2026 and operations in 2028, and ended Q2 with $236.9M liquidity.

PureCycle Technologies, Inc. (PCT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 PureCycle Technologies Reports Second Quarter 2026 Results • First P&G commercial resin deliveries began, with select Downy detergent caps now in commercial production • Revenue of $4.5 million, up approximately 173% year-over-year and a sixth consecutive quarter of

PureCycle Technologies (NASDAQ: PCT) said it closed concurrent public offerings of $287.5 million aggregate principal 4.75% convertible senior notes due 2032 and 19,854,000 shares of common stock, including full underwriter over-allotments. Morgan Stanley was sole bookrunner. Net proceeds were about $432.5 million; PureCycle plans to use about $246.3 million to repurchase $216.0 million of its 7.25% Green Convertible Notes due 2030 and the rest for other purposes.