PureCycle Technologies, Inc.
PCT- Exchange
- Nasdaq
- Industry
- Plastic Materials, Synth Resins & Nonvulcan Elastomers
- SEC CIK
- 0001830033
In the last 90 days, PureCycle Technologies, Inc. insiders filed 1 open-market purchase and 0 sales; 312 institutions reported holding it in 13F filings for Q2 2026, worth $1.34B in total; Duquesne Family Office is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:22 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $182.6M (2185.1% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Mar 5, 2024 | Mar 15, 2023 | Mar 9, 2022 |
| Revenue | $8.36M | – | – | – | – |
| Operating expenses | $189.8M | $145.4M | $113.9M | $81.3M | $69.6M |
| Research and development | $5.92M | $6.44M | $6.61M | $1.09M | $1.41M |
| Selling, general and administrative | $59.5M | $56.7M | $54.9M | $53.7M | $57.6M |
| Operating income | -$181.4M | – | – | – | – |
| Interest expense | – | – | $31.4M | – | $6.65M |
| Income tax | $970.0K | -$79.0K | $650.0K | $0 | $0 |
| Net income | -$182.6M | -$289.1M | -$101.7M | -$84.7M | -$77.5M |
| EPS, basic | $-1.08 | $-1.75 | $-0.62 | $-0.54 | $-0.75 |
| EPS, diluted | $-1.21 | $-1.75 | $-0.63 | $-0.54 | $-0.75 |
| Weighted shares, basic | 179.3M | 165.4M | 163.9M | 156.0M | 102.9M |
| Weighted shares, diluted | 180.4M | 165.4M | 164.0M | 156.0M | 102.9M |
| Margins and growth | |||||
| Operating margin | -2171.6% | – | – | – | – |
| Net margin | -2185.1% | – | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Mar 5, 2024 | Mar 15, 2023 | Mar 9, 2022 |
| Cash and equivalents | $156.7M | $15.7M | $73.4M | $63.9M | $33.4M |
| Accounts receivable | $2.01M | – | – | – | – |
| Inventory | $9.37M | $8.09M | – | – | – |
| Total current assets | $198.0M | $53.9M | $162.6M | $236.2M | $345.3M |
| Property, plant and equipment | $657.8M | $674.1M | $638.7M | $505.7M | $225.2M |
| Total assets | $922.7M | $798.4M | $1.04B | $861.3M | $664.7M |
| Accounts payable | $9.25M | $6.60M | $2.88M | $1.67M | $1.40M |
| Short-term debt | – | $12.9M | $9.15M | – | – |
| Total current liabilities | $87.6M | $90.9M | $55.6M | $38.3M | $38.5M |
| Long-term debt | – | – | – | $233.5M | $249.6M |
| Total liabilities | $572.1M | $617.9M | $619.1M | $350.5M | $283.1M |
| Shareholders' equity | $45.9M | $180.4M | $420.2M | $510.9M | $381.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Mar 5, 2024 | Mar 15, 2023 | Mar 9, 2022 |
| Operating cash flow | -$142.7M | -$144.8M | -$94.9M | -$65.5M | -$54.5M |
| Capital expenditures | $40.8M | $55.6M | $153.9M | $287.2M | – |
| Free cash flow | -$183.6M | -$200.4M | -$248.8M | -$352.7M | – |
| Stock-based compensation | $14.9M | $11.7M | $11.8M | $10.8M | $22.6M |
| Share buybacks | $4.93M | $1.62M | $1.37M | $1.64M | $1.70M |
| Investing cash flow | -$54.5M | -$7.01M | -$102.1M | -$218.4M | -$305.6M |
| Financing cash flow | $323.7M | -$109.2M | $272.0M | $247.5M | $293.4M |
| Net change in cash | $126.5M | -$261.0M | $75.0M | -$36.3M | -$66.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 178.8% | – | – | – | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 201.0M | +11.5% | SEC |
| Aug 4, 2026 | 200.9M | +11.6% | SEC |
| May 4, 2026 | 180.9M | +0.7% | SEC |
| Feb 23, 2026 | 180.6M | +0.7% | SEC |
| Nov 4, 2025 | 180.2M | +3.9% | SEC |
| Aug 5, 2025 | 180.1M | +9.2% | SEC |
| May 5, 2025 | 179.6M | +9.1% | SEC |
| Feb 24, 2025 | 179.3M | +9.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.