PureCycle Technologies, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:47:31Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -212.31M | -205.91M | -249.40M | -352.67M | -191.91M | -47.77M |
| EBITDA | -152.32M | -114.06M | -97.97M | — | — | — |
| Working Capital | 110.45M | -36.98M | 107.03M | 197.92M | 306.89M | 31.86M |
| Net Debt | -101.28M | 55.02M | -34.48M | 204.47M | 216.13M | -37.89M |
| Operating Margin | -2171.59% | — | — | — | — | — |
| Net Margin | -2185.10% | — | — | — | — | — |
| Return on Equity (ROE) | -397.86% | -160.23% | -24.20% | -16.59% | -20.31% | -47.42% |
| Return on Assets (ROA) | -19.79% | -36.22% | -9.79% | -9.84% | -11.66% | -12.99% |
| Current Ratio | 2.26× | 0.59× | 2.92× | 6.17× | 8.98× | 1.96× |
| Debt-to-Equity | 1.21× | 0.39× | 0.09× | 0.53× | 0.65× | 0.24× |
| Effective Tax Rate | -0.53% | 0.03% | -0.64% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.78× | 0.50× | 0.93× | 0.77× | 0.70× | 0.34× |
| Accruals Ratio | -0.04× | -0.18× | -0.01× | -0.02× | -0.03× | -0.09× |
| SBC % of Revenue | 178.76% | — | — | — | — | — |
| CapEx Coverage | -2.05× | -2.37× | -0.61× | -0.23× | -0.40× | -0.60× |
| Free Cash Flow Per Share | $-1.18 | $-1.25 | $-1.52 | $-2.26 | $-1.86 | $-1.66 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 8.36M | 0 | 0 | — | — | — |
| Research and Development Expense | 5.92M | 6.48M | 6.62M | 4.35M | 3.69M | 648.00K |
| Selling, General and Administrative Expense | 59.48M | 53.14M | 55.26M | 53.24M | 57.62M | 27.97M |
| Operating Expenses | 189.79M | 145.38M | 113.90M | 81.32M | 69.58M | 37.22M |
| Operating Income (Loss) | -181.44M | -145.38M | -113.90M | — | — | — |
| Income Tax Expense (Benefit) | 970.00K | -79.00K | 650.00K | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -182.56M | -289.14M | -101.72M | -84.75M | -77.50M | -52.99M |
| Earnings Per Share, Basic | $-1.08 | $-1.75 | $-0.62 | $-0.54 | $-0.75 | $-1.96 |
| Weighted Average Number of Shares Outstanding, Basic | 179.33M | 165.38M | 163.87M | 155.96M | 102.91M | 28.73M |
| Earnings Per Share, Diluted | $-1.21 | $-1.75 | $-0.63 | $-0.55 | $-0.79 | $-1.96 |
| Weighted Average Number of Shares Outstanding, Diluted | 180.45M | 165.38M | 164.01M | 156.15M | 102.98M | 28.73M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 156.69M | 15.68M | 73.41M | 63.89M | 33.42M | 64.49M |
| Assets, Current | 198.02M | 53.90M | 162.65M | 236.22M | 345.35M | 64.94M |
| Assets | 922.67M | 798.38M | 1.04B | 861.34M | 664.68M | 407.98M |
| Long-term Debt | — | — | — | 249.55M | 249.55M | — |
| Liabilities, Current | 87.56M | 90.88M | 55.61M | 38.30M | 38.46M | 33.08M |
| Long-term Debt, Excluding Current Maturities | — | — | — | 233.51M | 232.51M | — |
| Liabilities | 572.08M | 617.94M | 619.14M | 350.45M | 283.15M | 296.23M |
| Stockholders' Equity Attributable to Parent | 45.89M | 180.45M | 420.24M | 510.88M | 381.54M | 111.75M |
| Common Stock, Shares, Outstanding | 180.28M | 173.57M | 164.28M | 163.55M | 127.65M | 0 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -142.74M | -144.83M | -94.91M | -65.48M | -54.51M | -17.95M |
| Payments to Acquire Property, Plant, and Equipment | 40.85M | 55.58M | 153.90M | 287.19M | 137.39M | 29.81M |
| Net Cash Provided by (Used in) Investing Activities | -54.47M | -7.01M | -102.10M | -218.39M | -305.57M | -29.81M |
| Payments for Repurchase of Common Stock | 4.93M | 1.62M | 1.37M | 1.64M | 1.70M | 0 |
| Net Cash Provided by (Used in) Financing Activities | 323.73M | -109.17M | 272.00M | 247.53M | 293.37M | 378.19M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -47.22M | -63.09M | -149.22M | -103.50M | -53.87M | -55.82M |
| EBITDA | -34.42M | -51.94M | -31.67M | -38.34M | -30.37M | -27.71M |
| Working Capital | 60.82M | 110.45M | 147.05M | 167.78M | -40.95M | -36.98M |
| Net Debt | -21.33M | -101.28M | -181.30M | -230.13M | 31.51M | 55.02M |
| Operating Margin | -1012.72% | -2196.07% | -1602.18% | -2763.52% | -2387.41% | — |
| Net Margin | -810.30% | -697.11% | -1167.49% | -8741.82% | 558.99% | — |
| Return on Equity (ROE) | -450.44% | -40.94% | -41.59% | -145.89% | 3.71% | -35.84% |
| Return on Assets (ROA) | -3.77% | -2.04% | -2.87% | -13.84% | 1.12% | -8.10% |
| Current Ratio | 1.71× | 2.26× | 2.24× | 2.14× | 0.55× | 0.59× |
| Debt-to-Equity | 9.28× | 1.21× | 0.78× | 0.55× | 0.23× | 0.39× |
| Effective Tax Rate | — | — | — | — | — | 0.12% |
| Cash Conversion Ratio | 1.28× | 1.53× | 4.02× | 0.52× | -4.40× | 0.49× |
| Accruals Ratio | 0.01× | 0.01× | 0.09× | -0.07× | 0.06× | -0.04× |
| SBC % of Revenue | 61.64% | 84.12% | 521.32% | 591.82% | 212.28% | — |
| CapEx Coverage | -9.34× | -0.83× | -3.24× | -2.71× | -2.59× | -1.33× |
| Free Cash Flow Per Share | $-0.26 | $-0.35 | $-0.81 | $-0.58 | $-0.30 | $-0.34 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 4.13M | 2.69M | 2.43M | 1.65M | 1.58M | 0 |
| Research and Development Expense | 1.55M | 1.54M | 1.44M | 1.40M | 1.55M | 1.54M |
| Selling, General and Administrative Expense | 12.97M | 18.80M | 10.35M | 15.86M | 13.75M | 8.26M |
| Operating Expenses | 45.92M | 61.88M | 41.36M | 47.25M | 39.30M | 35.18M |
| Operating Income (Loss) | -41.80M | -59.18M | -38.93M | -45.60M | -37.72M | -35.18M |
| Income Tax Expense (Benefit) | 0 | 970.00K | 0 | 0 | 0 | -79.00K |
| Net Income (Loss) Attributable to Parent | -33.44M | -18.79M | -28.37M | -144.24M | 8.83M | -64.68M |
| Earnings Per Share, Basic | $-0.21 | $-0.13 | $-0.19 | $-0.81 | $0.05 | $-0.39 |
| Weighted Average Number of Shares Outstanding, Basic | 180.48M | 179.33M | 180.07M | 179.67M | 177.31M | 165.38M |
| Earnings Per Share, Diluted | $-0.21 | $-0.14 | $-0.31 | $-0.81 | $0.05 | $-0.39 |
| Weighted Average Number of Shares Outstanding, Diluted | 180.48M | 180.45M | 184.55M | 179.67M | 178.51M | 165.38M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 90.21M | 156.69M | 234.36M | 284.07M | 22.48M | 15.68M |
| Assets, Current | 146.38M | 198.02M | 265.45M | 314.88M | 49.66M | 53.90M |
| Assets | 886.01M | 922.67M | 989.12M | 1.04B | 787.34M | 798.38M |
| Liabilities, Current | 85.56M | 87.56M | 118.40M | 147.11M | 90.61M | 90.88M |
| Liabilities | 568.58M | 572.08M | 621.60M | 649.54M | 549.13M | 617.94M |
| Stockholders' Equity Attributable to Parent | 7.42M | 45.89M | 68.22M | 98.87M | 238.21M | 180.45M |
| Common Stock, Shares, Outstanding | 180.84M | 180.28M | 180.19M | 179.84M | 179.53M | 173.57M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -42.65M | -28.69M | -114.05M | -75.59M | -38.87M | -31.84M |
| Payments to Acquire Property, Plant, and Equipment | 3.43M | 13.34M | 27.50M | 23.61M | 15.00M | 21.59M |
| Net Cash Provided by (Used in) Investing Activities | -20.65M | -26.96M | -27.50M | -23.61M | -15.00M | -21.59M |
| Payments for Repurchase of Common Stock | 2.22M | 401.00K | 4.53M | 2.80M | 1.70M | 440.00K |
| Net Cash Provided by (Used in) Financing Activities | -4.61M | -23.57M | 347.30M | 355.63M | 49.82M | 1.29M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (PCT CIK 0001830033),
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concepts onto different statements in their own extension
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any we couldn't map fall into Other. Hover a
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.