Purecycle Technologies Inc Financials
This page shows Purecycle Technologies Inc (PCTTU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Purecycle Technologies Inc has an operating margin of -2171.6%, meaning the company retains $-2172 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.
Purecycle Technologies Inc has elevated debt relative to equity (D/E of 19.11), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Purecycle Technologies Inc's current ratio of 2.26 indicates adequate short-term liquidity, earning a score of 42/100. The company can meet its near-term obligations, though with limited headroom.
While Purecycle Technologies Inc generated -$142.7M in operating cash flow, capex of $40.8M consumed most of it, leaving -$183.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Purecycle Technologies Inc generates a -397.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -160.2% the prior year.
Purecycle Technologies Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Purecycle Technologies Inc generates $0.78 in operating cash flow (-$142.7M OCF vs -$182.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Purecycle Technologies Inc earns $-2.8 in operating income for every $1 of interest expense (-$181.4M vs $64.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Purecycle Technologies Inc generated $8.4M in revenue in fiscal year 2025.
Purecycle Technologies Inc's EBITDA was -$152.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 33.5% from the prior year.
Purecycle Technologies Inc reported -$182.6M in net income in fiscal year 2025. This represents an increase of 36.9% from the prior year.
Purecycle Technologies Inc earned $-1.21 per diluted share (EPS) in fiscal year 2025. This represents an increase of 30.9% from the prior year.
Cash & Balance Sheet
Purecycle Technologies Inc generated -$183.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 8.4% from the prior year.
Purecycle Technologies Inc held $156.7M in cash against $0 in long-term debt as of fiscal year 2025.
Purecycle Technologies Inc had 180M shares outstanding in fiscal year 2025. This represents an increase of 3.9% from the prior year.
Margins & Returns
Purecycle Technologies Inc's operating margin was -2171.6% in fiscal year 2025, reflecting core business profitability.
Purecycle Technologies Inc's net profit margin was -2185.1% in fiscal year 2025, showing the share of revenue converted to profit.
Purecycle Technologies Inc's ROE was -397.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 237.6 percentage points from the prior year.
Capital Allocation
Purecycle Technologies Inc invested $5.9M in research and development in fiscal year 2025. This represents a decrease of 8.6% from the prior year.
Purecycle Technologies Inc spent $4.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 204.6% from the prior year.
Purecycle Technologies Inc invested $40.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 26.5% from the prior year.
PCTTU Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7M+10.9% | $2.4M+47.3% | $1.6M+4.4% | $1.6M | N/A | $0 | $0 | $0 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $1.5M+7.0% | $1.4M+3.3% | $1.4M-9.3% | $1.5M | N/A | $1.5M-1.3% | $1.6M-14.5% | $1.8M |
| SG&A Expenses | $18.8M+81.6% | $10.3M-34.7% | $15.9M+9.5% | $14.5M | N/A | $12.8M-20.7% | $16.1M+1.1% | $16.0M |
| Operating Income | -$59.2M-52.0% | -$38.9M+14.6% | -$45.6M-20.9% | -$37.7M | N/A | -$31.3M+21.6% | -$39.9M-2.4% | -$39.0M |
| Interest Expense | $15.5M-4.5% | $16.2M-8.0% | $17.6M+17.1% | $15.1M | N/A | $14.6M+20.8% | $12.1M-19.9% | $15.1M |
| Income Tax | $970K | $0 | $0 | $0 | N/A | $0 | $0 | $0 |
| Net Income | -$18.8M+33.8% | -$28.4M+80.3% | -$144.2M-1733.2% | $8.8M | N/A | -$90.6M-88.0% | -$48.2M+43.7% | -$85.6M |
| EPS (Diluted) | N/A | $-0.31+61.7% | $-0.81-1720.0% | $0.05 | N/A | $-0.54-86.2% | $-0.29+44.2% | $-0.52 |
PCTTU Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $922.7M-6.7% | $989.1M-5.1% | $1.0B+32.4% | $787.3M-1.4% | $798.4M+1.2% | $788.8M+9.6% | $719.8M-1.9% | $734.0M |
| Current Assets | $198.0M-25.4% | $265.4M-15.7% | $314.9M+534.1% | $49.7M-7.9% | $53.9M-46.9% | $101.5M+217.9% | $31.9M-37.6% | $51.2M |
| Cash & Equivalents | $156.7M-33.1% | $234.4M-17.5% | $284.1M+1163.5% | $22.5M+43.4% | $15.7M-81.3% | $83.7M+668.0% | $10.9M-56.5% | $25.0M |
| Inventory | $9.4M-12.6% | $10.7M-0.3% | $10.8M+23.9% | $8.7M+7.4% | $8.1M+22.2% | $6.6M+8.3% | $6.1M | N/A |
| Accounts Receivable | $2.0M+25.8% | $1.6M-25.0% | $2.1M+42.3% | $1.5M | $0 | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $876.8M-4.8% | $920.9M-2.4% | $943.6M+71.8% | $549.1M-11.1% | $617.9M+12.9% | $547.4M+27.8% | $428.1M+7.8% | $397.2M |
| Current Liabilities | $87.6M-26.0% | $118.4M-19.5% | $147.1M+62.4% | $90.6M-0.3% | $90.9M+55.9% | $58.3M+22.3% | $47.6M+9.3% | $43.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $45.9M-32.7% | $68.2M-31.0% | $98.9M-58.5% | $238.2M+32.0% | $180.4M-25.3% | $241.4M-17.2% | $291.6M-13.4% | $336.8M |
| Retained Earnings | -$815.9M-2.4% | -$797.2M-3.7% | -$768.8M-23.1% | -$624.5M+1.4% | -$633.4M-11.4% | -$568.7M-19.0% | -$478.1M-11.2% | -$429.8M |
PCTTU Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$28.7M+25.4% | -$38.5M-4.7% | -$36.7M+5.5% | -$38.9M-22.1% | -$31.8M+4.6% | -$33.4M+17.4% | -$40.4M-3.2% | -$39.2M |
| Capital Expenditures | $13.3M+242.6% | $3.9M-54.7% | $8.6M-42.6% | $15.0M-30.5% | $21.6M+132.9% | $9.3M-10.6% | $10.4M-27.7% | $14.3M |
| Free Cash Flow | -$42.0M+0.8% | -$42.4M+6.6% | -$45.3M+15.9% | -$53.9M-0.8% | -$53.4M-25.3% | -$42.6M+16.0% | -$50.8M+5.1% | -$53.5M |
| Investing Cash Flow | -$27.0M-592.3% | -$3.9M+54.7% | -$8.6M+42.6% | -$15.0M+30.5% | -$21.6M-132.9% | -$9.3M-13.5% | -$8.2M-125.5% | $32.0M |
| Financing Cash Flow | -$23.6M-182.8% | -$8.3M-102.7% | $305.8M+513.8% | $49.8M+3750.3% | $1.3M-98.9% | $112.8M+251.4% | $32.1M+112.6% | -$255.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $401K-76.8% | $1.7M+56.6% | $1.1M-35.0% | $1.7M+285.7% | $440K-8.9% | $483K+397.9% | $97K-83.8% | $598K |
PCTTU Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -2196.1%-593.9pp | -1602.2%+1161.3pp | -2763.5%-376.1pp | -2387.4% | N/A | N/A | N/A | N/A |
| Net Margin | -697.1%+470.4pp | -1167.5%+7574.3pp | -8741.8%-9300.8pp | 559.0% | N/A | N/A | N/A | N/A |
| Return on Equity | -40.9%+0.7pp | -41.6%+104.3pp | -145.9%-149.6pp | 3.7% | N/A | -37.5%-21.0pp | -16.5%+8.9pp | -25.4% |
| Return on Assets | -2.0%+0.8pp | -2.9%+11.0pp | -13.8%-15.0pp | 1.1% | N/A | -11.5%-4.8pp | -6.7%+5.0pp | -11.7% |
| Current Ratio | 2.26+0.0 | 2.24+0.1 | 2.14+1.6 | 0.55-0.0 | 0.59-1.1 | 1.74+1.1 | 0.67-0.5 | 1.17 |
| Debt-to-Equity | 19.11+5.6 | 13.50+4.0 | 9.54+7.2 | 2.31-1.1 | 3.42+1.2 | 2.27+0.8 | 1.47+0.3 | 1.18 |
| FCF Margin | -1559.6%+183.5pp | -1743.1%+1004.0pp | -2747.1%+662.5pp | -3409.6% | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Purecycle Technologies Inc's annual revenue?
Purecycle Technologies Inc (PCTTU) reported $8.4M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Purecycle Technologies Inc profitable?
No, Purecycle Technologies Inc (PCTTU) reported a net income of -$182.6M in fiscal year 2025, with a net profit margin of -2185.1%.
What is Purecycle Technologies Inc's earnings per share (EPS)?
Purecycle Technologies Inc (PCTTU) reported diluted earnings per share of $-1.21 for fiscal year 2025. This represents a 30.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Purecycle Technologies Inc's EBITDA?
Purecycle Technologies Inc (PCTTU) had EBITDA of -$152.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Purecycle Technologies Inc's operating margin?
Purecycle Technologies Inc (PCTTU) had an operating margin of -2171.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Purecycle Technologies Inc's net profit margin?
Purecycle Technologies Inc (PCTTU) had a net profit margin of -2185.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Purecycle Technologies Inc's return on equity (ROE)?
Purecycle Technologies Inc (PCTTU) has a return on equity of -397.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Purecycle Technologies Inc's free cash flow?
Purecycle Technologies Inc (PCTTU) generated -$183.6M in free cash flow during fiscal year 2025. This represents a 8.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Purecycle Technologies Inc's operating cash flow?
Purecycle Technologies Inc (PCTTU) generated -$142.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Purecycle Technologies Inc's total assets?
Purecycle Technologies Inc (PCTTU) had $922.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Purecycle Technologies Inc's capital expenditures?
Purecycle Technologies Inc (PCTTU) invested $40.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Purecycle Technologies Inc spend on research and development?
Purecycle Technologies Inc (PCTTU) invested $5.9M in research and development during fiscal year 2025.
Does Purecycle Technologies Inc buy back shares?
Yes, Purecycle Technologies Inc (PCTTU) spent $4.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Purecycle Technologies Inc have outstanding?
Purecycle Technologies Inc (PCTTU) had 180M shares outstanding as of fiscal year 2025.
What is Purecycle Technologies Inc's current ratio?
Purecycle Technologies Inc (PCTTU) had a current ratio of 2.26 as of fiscal year 2025, which is generally considered healthy.
What is Purecycle Technologies Inc's debt-to-equity ratio?
Purecycle Technologies Inc (PCTTU) had a debt-to-equity ratio of 19.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Purecycle Technologies Inc's return on assets (ROA)?
Purecycle Technologies Inc (PCTTU) had a return on assets of -19.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Purecycle Technologies Inc's cash runway?
Based on fiscal year 2025 data, Purecycle Technologies Inc (PCTTU) had $156.7M in cash against an annual operating cash burn of $142.7M. This gives an estimated cash runway of approximately 13 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Purecycle Technologies Inc's Piotroski F-Score?
Purecycle Technologies Inc (PCTTU) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Purecycle Technologies Inc's earnings high quality?
Purecycle Technologies Inc (PCTTU) has an earnings quality ratio of 0.78x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Purecycle Technologies Inc cover its interest payments?
Purecycle Technologies Inc (PCTTU) has an interest coverage ratio of -2.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Purecycle Technologies Inc?
Purecycle Technologies Inc (PCTTU) scores 8 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.