NASDAQ : PCT
PureCycle Technologies, Inc. — Financial statements
Industrials · Pollution & Treatment Controls · United States
Last price 3.33 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 669.01M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
PureCycle Technologies, Inc. (PCT) reported revenue of 13.76M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.76M | 8.36M | ||||
| Cost of Revenue | 121.50M | 109.31M | 85.76M | 52.03M | ||
| Gross Profit | -107.74M | -100.96M | -85.76M | -52.03M | ||
| Selling, General & Admin | 52.50M | 59.48M | 53.14M | 55.26M | 76.97M | 65.89M |
| Research & Development | 5.93M | 5.92M | 6.48M | 6.62M | 4.35M | 3.69M |
| Operating Expenses | 58.44M | 65.41M | 59.62M | 61.87M | 81.32M | 69.58M |
| Operating Income | -166.18M | -166.37M | -145.38M | -113.90M | -81.32M | -69.58M |
| Interest Expense | -62.52M | -64.45M | -56.85M | -31.37M | -2.31M | -7.47M |
| Interest & Investment Income | 7.23M | 5.86M | 5.19M | 10.86M | 4.95M | 821.00K |
| Other Non Operating Income (Expenses) | 53.62M | 61.52M | -70.16M | 33.34M | -6.07M | -1.27M |
| EBT Excluding Unusual Items | -167.84M | -163.43M | -267.20M | -101.06M | -84.75M | -77.50M |
| Asset Writedown | -15.07M | -15.07M | -800.00K | |||
| Legal Settlements | 1.30M | |||||
| Other Unusual Items | -38.94M | -4.39M | -21.21M | |||
| Pretax Income | -221.85M | -181.59M | -289.21M | -101.06M | -84.75M | -77.50M |
| Income Tax Expense | 970.00K | 970.00K | -79.00K | 650.00K | ||
| Net Income | -222.82M | -182.56M | -289.14M | -101.72M | -84.75M | -77.50M |
| Preferred Dividends & Other Adjustments | 10.26M | |||||
| Net Income to Common | -233.07M | -182.56M | -289.14M | -101.72M | -84.75M | -77.50M |
| Shares Outstanding (Basic) | 181.26M | 179.33M | 165.38M | 163.87M | 155.96M | 102.91M |
| Shares Outstanding (Diluted) | 181.26M | 180.45M | 165.38M | 164.01M | 156.15M | 102.98M |
| EPS (Basic) | -1.29 | -1.02 | -1.75 | -0.62 | -0.54 | -0.75 |
| EPS (Diluted) | -1.48 | -1.21 | -1.75 | -0.63 | -0.55 | -0.79 |
| Free Cash Flow | -212.25M | -183.59M | -200.41M | -248.81M | -352.67M | -191.90M |
| Free Cash Flow Per Share | -1.17 | -1.02 | -1.21 | -1.52 | -2.26 | -1.86 |
| Operating Margin | -1,207.32% | -1,991.22% | ||||
| Profit Margin | -1,693.35% | -2,185.10% | ||||
| Free Cash Flow Margin | -1,542.05% | -2,197.33% | ||||
| EBITDA | -136.92M | -137.25M | -114.06M | -97.97M | -77.70M | -67.30M |
| D&A For EBITDA | 29.25M | 29.12M | 31.32M | 15.94M | 3.61M | 2.28M |
| EBIT | -166.18M | -166.37M | -145.38M | -113.90M | -81.32M | -69.58M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 165.22M | 156.69M | 15.68M | 73.41M | 63.89M | 33.42M |
| Short-Term Investments | 59.59M | 13.63M | 48.23M | 98.59M | 167.37M | |
| Cash & Short-Term Investments | 224.82M | 170.32M | 15.68M | 121.64M | 162.48M | 200.78M |
| Accounts Receivable | 5.81M | 2.01M | ||||
| Receivables | 5.81M | 2.01M | ||||
| Inventory | 18.28M | 13.87M | 11.59M | 7.09M | ||
| Prepaid Expenses | 9.22M | 7.83M | 7.97M | 8.22M | 4.88M | 2.51M |
| Restricted Cash | 2.64M | 1.98M | 16.66M | 25.69M | 68.85M | 141.85M |
| Other Current Assets | 2.00M | 2.00M | 200.00K | |||
| Total Current Assets | 260.76M | 198.02M | 53.90M | 162.65M | 236.22M | 345.35M |
| Property, Plant & Equipment | 729.44M | 711.98M | 730.91M | 668.54M | 524.86M | 225.21M |
| Other Long-Term Assets | 12.43M | 12.67M | 13.57M | 208.18M | 100.26M | 94.12M |
| Total Assets | 1.00B | 922.67M | 798.38M | 1.04B | 861.34M | 664.68M |
| Accounts Payable | 13.06M | 9.25M | 6.60M | 2.88M | 1.67M | 1.40M |
| Accrued Expenses | 21.89M | 47.21M | 47.40M | 41.05M | 34.45M | 37.06M |
| Current Portion of Long-Term Debt | 9.86M | 14.02M | 23.29M | 9.15M | ||
| Current Portion of Leases | 4.41M | 3.06M | 3.11M | 2.54M | 2.19M | |
| Other Current Liabilities | 51.00M | 14.03M | 10.48M | |||
| Total Current Liabilities | 100.21M | 87.56M | 90.88M | 55.61M | 38.30M | 38.46M |
| Long-Term Debt | 461.73M | 379.30M | 341.79M | 507.40M | 233.51M | 232.51M |
| Long-Term Leases | 63.53M | 52.35M | 54.66M | 27.25M | 16.62M | |
| Long-Term Unearned Revenue | 5.00M | 5.00M | 5.00M | 5.00M | 5.00M | 5.00M |
| Other Long-Term Liabilities | 41.12M | 47.86M | 125.60M | 23.87M | 57.02M | 7.18M |
| Total Liabilities | 671.59M | 572.08M | 617.94M | 619.14M | 350.45M | 283.15M |
| Common Stock | 201.00K | 180.00K | 174.00K | 164.00K | 164.00K | 128.00K |
| Additional Paid-In Capital | 1.01B | 861.95M | 813.57M | 764.34M | 753.88M | 539.42M |
| Retained Earnings | -991.60M | -815.94M | -633.38M | -344.24M | -242.53M | -157.78M |
| Comprehensive Income & Other | -632.00K | -305.00K | 78.00K | -32.00K | -641.00K | -237.00K |
| Total Common Equity | 15.50M | 45.89M | 180.45M | 420.24M | 510.88M | 381.54M |
| Shareholders' Equity | 331.03M | 350.59M | 180.45M | 420.24M | 510.88M | 381.54M |
| Total Liabilities & Equity | 1.00B | 922.67M | 798.38M | 1.04B | 861.34M | 664.68M |
| Total Debt | 539.53M | 448.73M | 422.85M | 546.34M | 252.32M | 232.51M |
| Net Cash (Debt) | -314.71M | -278.41M | -407.17M | -424.70M | -89.84M | -31.73M |
| Net Cash Per Share | -1.74 | -1.54 | -2.46 | -2.59 | -0.58 | -0.31 |
| Filing Date Shares Outstanding | 200.90M | 180.60M | 179.34M | 164.33M | 163.67M | 163.23M |
| Total Common Shares Outstanding | 200.91M | 180.28M | 173.57M | 164.28M | 163.55M | 163.23M |
| Working Capital | 160.55M | 110.45M | -36.98M | 107.03M | 197.92M | 306.89M |
| Book Value Per Share | 0.08 | 0.25 | 1.04 | 2.56 | 3.12 | 2.34 |
| Tangible Book Value | 15.50M | 45.89M | 180.45M | 420.24M | 510.88M | 381.54M |
| Tangible Book Value Per Share | 0.08 | 0.25 | 1.04 | 2.56 | 3.12 | 2.34 |
| Land | 1.15M | 1.15M | 1.15M | 1.15M | 1.15M | 1.15M |
| Buildings | 84.85M | 84.76M | 82.03M | 81.59M | 12.53M | 12.03M |
| Machinery | 410.98M | 387.34M | 375.44M | 350.51M | 24.26M | 20.12M |
| Construction In Progress | 260.01M | 263.37M | 266.26M | 226.88M | 473.27M | 193.94M |
| Leasehold Improvements | 4.83M | 4.83M | 4.83M | 2.97M | 2.96M | 2.90M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -222.82M | -182.56M | -289.14M | -101.72M | -84.75M | -77.50M |
| Depreciation & Amortization | 33.94M | 33.67M | 34.71M | 18.86M | 5.21M | 2.28M |
| Other Amortization | 26.11M | 23.76M | 16.62M | 2.53M | 1.00M | 2.61M |
| Loss (Gain) From Sale of Assets | 593.00K | 3.93M | ||||
| Asset Writedown & Restructuring Costs | 15.07M | 15.07M | ||||
| Loss (Gain) From Sale of Investments | -432.00K | 584.00K | ||||
| Stock-Based Compensation | 9.68M | 14.94M | 11.65M | 11.83M | 10.84M | 22.64M |
| Other Operating Activities | -16.61M | -59.03M | 91.28M | -31.62M | 5.84M | 1.60M |
| Change in Accounts Receivable | -3.68M | -2.01M | ||||
| Change in Inventory | -2.52M | -1.28M | -3.29M | -4.48M | -265.00K | |
| Change in Accounts Payable | 7.87M | 2.54M | 4.78M | 418.00K | 85.00K | -293.00K |
| Change in Unearned Revenue | 5.00M | |||||
| Change in Other Net Operating Assets | -7.47M | 8.24M | -11.43M | 9.27M | -3.02M | -11.43M |
| Operating Cash Flow | -159.83M | -142.74M | -144.83M | -94.91M | -65.48M | -54.51M |
| Capital Expenditures | -52.41M | -40.85M | -55.58M | -153.90M | -287.19M | -137.39M |
| Investment in Securities | -59.49M | -13.62M | 48.58M | 51.80M | 68.80M | -168.19M |
| Investing Cash Flow | -111.90M | -54.47M | -7.01M | -102.10M | -218.39M | -305.57M |
| Long-Term Debt Issued | 51.80M | 60.93M | 285.10M | |||
| Long-Term Debt Repaid | -53.98M | -259.71M | -592.00K | |||
| Net Debt Issued (Repaid) | 15.55M | -2.17M | -198.78M | 284.51M | ||
| Issuance of Common Stock | 164.62M | 40.08M | 68.25M | 206.07M | 1.00M | |
| Repurchase of Common Stock | -4.65M | -4.93M | -1.62M | -1.37M | -1.64M | -1.70M |
| Other Financing Activities | -24.43M | -9.24M | 1.14M | -11.14M | 43.10M | 294.06M |
| Financing Cash Flow | 151.08M | 323.73M | -109.17M | 272.00M | 247.53M | 293.37M |
| Net Cash Flow | -120.65M | 126.52M | -261.00M | 74.99M | -36.34M | -66.72M |
| Free Cash Flow | -212.25M | -183.59M | -200.41M | -248.81M | -352.67M | -191.90M |
| Free Cash Flow Margin | -1,542.05% | -2,197.33% | ||||
| Free Cash Flow Per Share | -1.17 | -1.02 | -1.21 | -1.52 | -2.26 | -1.86 |
| Levered Free Cash Flow | -162.57M | -96.21M | -95.66M | -170.93M | -253.92M | -296.63M |
| Unlevered Free Cash Flow | -149.61M | -79.69M | -76.74M | -153.86M | -253.48M | -294.57M |
| Cash Interest Paid | 37.90M | 36.11M | 42.35M | 13.86M | 1.30M | 1.50M |
| Change in Working Capital | -5.80M | 7.49M | -9.95M | 5.21M | -3.19M | -6.72M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 656.96M | 1.55B | 1.78B | 664.44M | 1.11B | 1.20B |
| Enterprise Value | 971.67M | 2.07B | 2.08B | 996.48M | 1.14B | 1.27B |
| Last Close Price | 3.36 | 8.59 | 10.25 | 4.05 | 6.76 | 9.57 |
| PS Ratio | 48.31 | 185.27 | ||||
| PB Ratio | 43.55 | 4.42 | 9.86 | 1.58 | 2.16 | 3.14 |
| P/TBV Ratio | 42.90 | 33.73 | 9.86 | 1.58 | 2.16 | 3.14 |
| EV/Sales Ratio | 71.18 | 247.91 | ||||
| Debt / Equity Ratio | 1.63 | 1.28 | 2.34 | 1.30 | 0.49 | 0.61 |
| Net Debt / Equity Ratio | 0.95 | 0.79 | 2.26 | 1.01 | 0.18 | 0.08 |
| Net Debt / EBITDA Ratio | -2.30 | -2.03 | -3.57 | -4.33 | -1.16 | -0.47 |
| Net Debt / FCF Ratio | -1.48 | -1.52 | -2.03 | -1.71 | -0.26 | -0.17 |
| Asset Turnover | 0.01 | 0.01 | ||||
| Inventory Turnover | 8.37 | 8.59 | 9.18 | |||
| Quick Ratio | 2.30 | 1.97 | 0.17 | 2.19 | 4.24 | 5.22 |
| Current Ratio | 2.60 | 2.26 | 0.59 | 2.92 | 6.17 | 8.98 |
| Return on Equity (ROE) | -61.56% | -68.76% | -96.27% | -21.85% | -18.99% | -31.42% |
| Return on Assets (ROA) | -10.16% | -12.08% | -9.89% | -7.49% | -6.66% | -8.11% |
| Return on Capital Employed (ROCE) | -18.40% | -19.90% | -20.50% | -11.60% | -9.90% | -11.10% |
| Earnings Yield | -45.23% | -11.79% | -16.25% | -15.31% | -7.67% | -6.48% |
| FCF Yield | -31.92% | -11.86% | -11.27% | -37.45% | -31.91% | -16.04% |
| Buyback Yield / Dilution | -5.17% | -9.11% | -0.83% | -5.03% | -51.63% | -258.42% |