PureCycle Technologies, Inc. Unit (PCTTU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PCTTU SEC filings page.
PureCycle Technologies, Inc. Unit (PCTTU) reported $13.8M in revenue over the twelve months to Jun 30, 2026. This page shows its 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).
The business is still financing a large pre-scale cost base while liabilities absorb nearly all reported asset value.
In FY2025,$8.4M of revenue sat beside an operating loss of$181.4M , while operating cash flow was-$142.7M ; the gap is consistent with noncash charges such as depreciation, but the core operation still consumes cash. That partial cash conversion does not make the model self-funding: free cash flow was-$183.6M after capital spending.
By FY2025, liabilities were
The current ratio improved from 0.6 in FY2024 to 2.3 in FY2025, a short-term liquidity change rather than stronger solvency. Meanwhile, financing supplied the cash gap: FY2025 financing cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of PureCycle Technologies, Inc. Unit's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
PureCycle Technologies, Inc. Unit held $170.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $142.7M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and PureCycle Technologies, Inc. Unit scores 37/100 among other emerging companies.
PureCycle Technologies, Inc. Unit had 181M shares outstanding at the end of fiscal year 2025, against 179M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and PureCycle Technologies, Inc. Unit scores 57/100 among other emerging companies.
PureCycle Technologies, Inc. Unit spent $5.9M on research and development in fiscal year 2025, which was 3.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and PureCycle Technologies, Inc. Unit scores 17/100 among other emerging companies.
Not available for PureCycle Technologies, Inc. Unit, and counted as zero in the overall score.
PureCycle Technologies, Inc. Unit's operations used $142.7M of cash in fiscal year 2025, against $144.8M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and PureCycle Technologies, Inc. Unit scores 28/100 among other emerging companies.
PureCycle Technologies, Inc. Unit's cash, cash equivalents and investments came to $170.3M at the end of fiscal year 2025, against $876.8M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and PureCycle Technologies, Inc. Unit scores 26/100 among other emerging companies.
PureCycle Technologies, Inc. Unit passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
PureCycle Technologies, Inc. Unit reported a net loss of $182.6M while operations used $142.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
PureCycle Technologies, Inc. Unit reported an operating loss of $181.4M against $64.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
PureCycle Technologies, Inc. Unit generated $4.5M in revenue in Q2 2026. This represents an increase of 173.5% from the same quarter a year earlier. Against the prior quarter it is up 9.3%.
PureCycle Technologies, Inc. Unit's EBITDA was -$34.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.4% from the same quarter a year earlier. Against the prior quarter it is up 1.3%.
PureCycle Technologies, Inc. Unit reported -$142.2M in net income in Q2 2026. This represents an increase of 1.4% from the same quarter a year earlier. Against the prior quarter it is down 325.3%.
PureCycle Technologies, Inc. Unit earned -$0.80 per diluted share (EPS) in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. Against the prior quarter it is down 281.0%.
Cash & Balance Sheet
PureCycle Technologies, Inc. Unit recorded an outflow of $81.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 80.4% from the same quarter a year earlier. Against the prior quarter it is down 77.4%.
PureCycle Technologies, Inc. Unit held $165.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
PureCycle Technologies, Inc. Unit's ROE was -917.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 771.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 467.0 percentage points.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
PureCycle Technologies, Inc. Unit invested $1.4M in research and development in Q2 2026. This represents an increase of 0.4% from the same quarter a year earlier. Against the prior quarter it is down 9.1%.
PureCycle Technologies, Inc. Unit spent $295K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 73.3% from the same quarter a year earlier. Against the prior quarter it is down 86.7%.
PureCycle Technologies, Inc. Unit invested $31.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 268.9% from the same quarter a year earlier. Against the prior quarter it is up 824.9%.
PCTTU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5M+173.5% | $4.1M+161.2% | $2.7M | $2.4M | $1.6M | $1.6M | N/A | $0 |
| R&D Expenses | $1.4M+0.4% | $1.6M+0.2% | $1.5M | $1.4M-6.5% | $1.4M-10.0% | $1.6M-15.2% | N/A | $1.5M-3.0% |
| SG&A Expenses | $9.6M-39.2% | $13.0M-5.6% | $19.6M | $10.3M-19.1% | $15.8M-2.0% | $13.7M-13.8% | N/A | $12.8M-1.3% |
| Operating Income | -$41.3M+9.4% | -$41.8M-10.8% | -$59.2M | -$38.9M-24.4% | -$45.6M-14.2% | -$37.7M+3.2% | N/A | -$31.3M |
| EBITDA | -$34.0M+11.4% | -$34.4M-13.3% | -$51.9M | -$31.7M-32.7% | -$38.3M-17.0% | -$30.4M-2.2% | N/A | -$23.9M |
| Interest Expense | $15.4M-12.7% | $15.4M+2.1% | $15.5M | $16.2M+11.5% | $17.6M+46.3% | $15.1M+0.1% | N/A | $14.6M+35.5% |
| Income Tax | $0 | $0 | $970K | $0 | $0 | $0 | N/A | $0 |
| Net Income | -$142.2M+1.4% | -$33.4M-478.6% | -$18.8M | -$28.4M+68.7% | -$144.2M-199.2% | $8.8M+110.3% | N/A | -$90.6M-1162.6% |
| EPS (Basic) | -$0.80+1.2% | -$0.21-520.0% | -$0.13+66.7% | -$0.19+64.8% | -$0.81-179.3% | $0.05+109.6% | -$0.39-116.7% | -$0.54-1180.0% |
| EPS (Diluted) | -$0.80+1.2% | -$0.21-520.0% | -$0.14+64.1% | -$0.31 | -$0.81-179.3% | $0.05+109.6% | -$0.39-116.7% | -$0.54 |
| Diluted Shares (Avg) | 184M+2.5% | 180M+1.1% | N/A | 185M | 180M+9.1% | 179M+8.6% | N/A | 167M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
PCTTU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B-3.8% | $886.0M+12.5% | $922.7M+15.6% | $989.1M+25.4% | $1.0B+44.8% | $787.3M+7.3% | $798.4M-23.2% | $788.8M-26.4% |
| Current Assets | $260.8M-17.2% | $146.4M+194.8% | $198.0M+267.4% | $265.4M+161.5% | $314.9M+886.2% | $49.7M-2.9% | $53.9M-66.9% | $101.5M-60.6% |
| Cash & Equivalents | $165.2M-41.8% | $90.2M+301.3% | $156.7M+899.1% | $234.4M+180.1% | $284.1M+2507.3% | $22.5M-10.1% | $15.7M-78.6% | $83.7M-58.0% |
| Short-Term Investments | $59.6M | $30.9M | $13.6M | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% |
| Inventory | $18.3M+69.9% | $12.3M+42.1% | $13.8M+70.9% | $10.7M+62.0% | $10.8M+76.0% | $8.7M | $8.1M+68.8% | $6.6M |
| Accounts Receivable | $5.8M+173.3% | $3.8M+156.0% | $2.0M | $1.6M | $2.1M | $1.5M | $0 | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $987.1M+4.6% | $878.6M+60.0% | $876.8M+41.9% | $920.9M+68.2% | $943.6M+120.4% | $549.1M+38.3% | $617.9M-0.2% | $547.4M-13.2% |
| Current Liabilities | $100.2M-31.9% | $85.6M-5.6% | $87.6M-3.6% | $118.4M+103.1% | $147.1M+208.8% | $90.6M+108.0% | $90.9M+63.4% | $58.3M+12.2% |
| Non-Current Liabilities | $886.9M+11.4% | $793.0M+73.0% | $789.2M+49.7% | $802.5M+64.1% | $796.5M+109.3% | $458.5M+29.7% | $527.1M-6.5% | $489.1M-15.4% |
| Total Equity | $15.5M-84.3% | $7.4M-96.9% | $45.9M-74.6% | $68.2M-71.7% | $98.9M-66.1% | $238.2M-29.3% | $180.4M-57.1% | $241.4M-45.9% |
| Retained Earnings | -$991.6M-29.0% | -$849.4M-36.0% | -$815.9M-28.8% | -$797.2M-40.2% | -$768.8M-60.8% | -$624.5M-45.3% | -$633.4M-84.0% | -$568.7M-77.7% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
PCTTU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$50.0M-36.2% | -$42.7M-9.7% | -$28.7M+9.9% | -$38.5M-15.2% | -$36.7M+9.2% | -$38.9M+0.8% | -$31.8M+5.2% | -$33.4M-59.7% |
| Depreciation & Amortization | $7.4M+1.4% | $7.4M+0.4% | $7.2M-3.0% | $7.3M-2.3% | $7.3M+1.3% | $7.3M-20.6% | $7.5M+21.0% | $7.4M+31.1% |
| Stock-Based Compensation | $2.0M-69.4% | $2.5M-24.2% | N/A | $2.9M-1.9% | $6.4M+108.7% | $3.4M+25.1% | N/A | $3.0M-9.9% |
| Capital Expenditures | $31.7M+268.9% | $3.4M-77.1% | $13.3M-38.2% | $3.9M-58.0% | $8.6M-17.0% | $15.0M+4.6% | $21.6M+92.5% | $9.3M-49.7% |
| Free Cash Flow | -$81.8M-80.4% | -$46.1M+14.5% | -$42.0M+21.3% | -$42.4M+0.7% | -$45.3M+10.8% | -$53.9M-0.6% | -$53.4M-19.3% | -$42.6M-8.4% |
| Investing Cash Flow | -$60.4M-601.8% | -$20.6M-37.6% | -$27.0M-24.9% | -$3.9M+58.0% | -$8.6M-5.3% | -$15.0M-146.8% | -$21.6M+53.8% | -$9.3M+69.6% |
| Financing Cash Flow | $187.6M-38.7% | -$4.6M-109.3% | -$23.6M-1921.3% | -$8.3M-107.4% | $305.8M+852.2% | $49.8M+119.5% | $1.3M+201.5% | $112.8M-48.5% |
| Share Buybacks | $295K-73.3% | $2.2M+31.0% | $401K-8.9% | $1.7M+257.6% | $1.1M+1037.1% | $1.7M+183.8% | $440K+77.4% | $483K-41.0% |
Not reported in any period shown, so not listed: Dividends Paid.
PCTTU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -916.1% | -1012.7% | -2196.1% | -1602.2% | -2763.5% | -2387.4% | N/A | N/A |
| Net Margin | -3152.0% | -810.3% | -697.1% | -1167.5% | -8741.8% | 559.0% | N/A | N/A |
| Return on Equity | -917.4%-771.5pp | -450.4%-454.2pp | -40.9% | -41.6%-4.0pp | -145.9%-129.4pp | 3.7%+29.1pp | N/A | -37.5%-39.5pp |
| Return on Assets | -14.2%-0.3pp | -3.8%-4.9pp | -2.0% | -2.9%+8.6pp | -13.8%-7.1pp | 1.1%+12.8pp | N/A | -11.5%-12.3pp |
| Current Ratio | 2.60+0.5x | 1.71+1.2x | 2.26+1.7x | 2.24+0.5x | 2.14+1.5x | 0.55-0.6x | 0.59-2.3x | 1.74-3.2x |
| Debt-to-Equity | 63.68+54.1x | 118.34+116.0x | 19.11+15.7x | 13.50+11.2x | 9.54+8.1x | 2.31+1.1x | 3.42+2.0x | 2.27+0.9x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.00 | 0.000.0x | 0.000.0x | 0.000.0x | N/A | 0.00 |
| FCF Margin | -1812.4% | -1116.7% | -1559.6% | -1743.1% | -2747.1% | -3409.6% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| PureCycle Technologies, Inc. Unit PCTTU | FY2025 | $8.4M | -$182.6M | N/A | N/A | 28/100 |
| Rain Enhancement Technologies Holdco, Inc. Warrants RAINW | FY2025 | N/A | N/A | N/A | N/A | — |
| ClearSign Technologies Corporation CLIR | FY2025 | $5.2M | -$5.5M | N/A | $27.4M | 62/100 |
| LiqTech International, Inc. LIQT | FY2025 | $16.5M | -$8.5M | -51.7% | $23.5M | 30/100 |
| TOMI Environmental Solutions, Inc. TOMZ | FY2025 | $5.6M | -$3.7M | -66.5% | $13.2M | 33/100 |
Where PureCycle Technologies, Inc. Unit Ranks
Frequently Asked Questions
What is PureCycle Technologies, Inc. Unit's annual revenue?
PureCycle Technologies, Inc. Unit (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. Unit profitable?
No, PureCycle Technologies, Inc. Unit (PCTTU) reported a net income of -$182.6M in fiscal year 2025.
What is PureCycle Technologies, Inc. Unit's EBITDA?
PureCycle Technologies, Inc. Unit (PCTTU) had EBITDA of -$152.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is PureCycle Technologies, Inc. Unit's return on equity (ROE)?
PureCycle Technologies, Inc. Unit (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. Unit's free cash flow?
PureCycle Technologies, Inc. Unit (PCTTU) recorded an outflow of $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. Unit's operating cash flow?
PureCycle Technologies, Inc. Unit (PCTTU) recorded an outflow of $142.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are PureCycle Technologies, Inc. Unit's total assets?
PureCycle Technologies, Inc. Unit (PCTTU) had $922.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are PureCycle Technologies, Inc. Unit's capital expenditures?
PureCycle Technologies, Inc. Unit (PCTTU) invested $40.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does PureCycle Technologies, Inc. Unit spend on research and development?
PureCycle Technologies, Inc. Unit (PCTTU) invested $5.9M in research and development during fiscal year 2025.
What is PureCycle Technologies, Inc. Unit's current ratio?
PureCycle Technologies, Inc. Unit (PCTTU) had a current ratio of 2.26 as of fiscal year 2025, which is generally considered healthy.
What is PureCycle Technologies, Inc. Unit's debt-to-equity ratio?
PureCycle Technologies, Inc. Unit (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. Unit's return on assets (ROA)?
PureCycle Technologies, Inc. Unit (PCTTU) had a return on assets of -19.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does PureCycle Technologies, Inc. Unit's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, PureCycle Technologies, Inc. Unit (PCTTU) held $170.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $142.7M over that year. Dividing the one by the other, the reported balance equals about 14 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is PureCycle Technologies, Inc. Unit's Piotroski F-Score?
PureCycle Technologies, Inc. Unit (PCTTU) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are PureCycle Technologies, Inc. Unit's earnings high quality?
PureCycle Technologies, Inc. Unit (PCTTU) reported a net loss of $182.6M while operations used $142.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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. Unit cover its interest payments?
PureCycle Technologies, Inc. Unit (PCTTU) reported an operating loss of $181.4M against $64.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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. Unit?
PureCycle Technologies, Inc. Unit (PCTTU) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.