PCT PureCycle Technologies
Price Chart
Executive Summary
PureCycle Technologies reported Q1 2026 EPS of -$0.21, beating consensus of -$0.24 by 12.5%, and revenue of $4.1M, beating $3.8M estimates by 8.6%. Record production of 8.4M lbs and P&G qualification highlight operational progress, though net loss widened to $33.4M and cash burn remains high.
Actionable Insight
The EPS and revenue beat, combined with record production and P&G qualification, support positive momentum. However, monitor cash burn and updates on project financing for Thailand, which could drive the next leg.
Key Facts
- EPS -$0.21 beat consensus -$0.24 (12.5% beat)
- Revenue $4.1M beat consensus $3.8M (8.6% beat)
- Record quarterly production of 8.4M lbs of PureFive resin
- Fifth consecutive quarter of sequential revenue growth
- P&G approved PureFive for two applications, first pellet delivery expected in Q2
- Net loss of $33.4M vs net income of $8.8M in prior year (includes warrant mark-to-market)
- Adjusted EBITDA loss widened to $30.9M from $25.5M
- Cash used in operations $42.7M, total liquidity $131M down from $182M
- Reaffirmed demand ramp of 40-50M lbs starting Q2/Q3
- Potential warrant proceeds of ~$273M available through March 2027
Financial Impact
EPS beat by $0.03 and revenue beat by $0.3M, indicating improving operational scale.
Risk Factors
- Continued operational cash burn may require additional capital
- Dependence on warrant exercises and project financing for liquidity
- Execution risk in scaling production to meet demand targets
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3289302 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 21, 2026
1d ago
|
Press Release
| $11.85 awaiting T+5 | awaiting T+5 | — | $11.23 (−5.23%) |
|
May 6, 2026
15d ago
|
Press Release
| $8.94 $10.20 | ▲ +14.09% | ▲ +12.59% | $11.23 (+25.62%) |
|
Apr 29, 2026
23d ago
|
Press Release
| $7.43 $7.65 | ▲ +2.96% | ▼ −0.15% | $11.23 (+51.14%) |
|
Apr 22, 2026
29d ago
|
Press Release
| $7.23 $7.43 | ▲ +2.77% | ▲ +1.29% | $11.23 (+55.33%) |
US Market Status
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