Earnings summaries and quarterly performance for PureCycle Technologies.
Executive leadership at PureCycle Technologies.
Board of directors at PureCycle Technologies.
Research analysts who have asked questions during PureCycle Technologies earnings calls.
Hassan Ahmed
Alembic Global Advisors
6 questions for PCT
Also covers: CC, CE, DOW +8 more
AS
Andres Sheppard-Slinger
Cantor Fitzgerald
4 questions for PCT
Also covers: ACHR, AUR, EVEX +10 more
Eric Stine
Craig-Hallum Capital Group LLC
3 questions for PCT
Also covers: ALTO, AMRC, AMSC +19 more
GS
Gerard Sweeney
ROTH Capital
3 questions for PCT
Also covers: ALNT, ARQ, AVO +15 more
Gerry Sweeney
Roth Capital Partners, LLC
3 questions for PCT
Also covers: ALCO, AZZ, BOOM +8 more
Jeffrey Campbell
Seaport Research Partners
3 questions for PCT
Also covers: AIRJ, AMPS, ARIS +7 more
TB
Thomas Boyes
TD Cowen
3 questions for PCT
Also covers: DNMR, EOSE, GWH +2 more
AB
Anand Balaji
Cantor Fitzgerald
2 questions for PCT
Also covers: ACHR, OUST, VFS
Luke Persons
Craig-Hallum Capital Group LLC
2 questions for PCT
Also covers: ALTO, TPIC
Aadit Shrestha
Stifel
1 question for PCT
Also covers: GEF, MEG, ROL
AT
Amer Tiwana
Imperial Capital
1 question for PCT
BB
Brian Butler
Stifel, Nicolaus & Company, Incorporated
1 question for PCT
Also covers: CLH, CWST, GEF +8 more
JS
James Schumm
TD Cowen
1 question for PCT
Also covers: CLH, CWST, GFL +5 more
Recent press releases and 8-K filings for PCT.
PureCycle Technologies Reports Q4 2025 Revenue Growth, Operational Ramps, CFO Change, and Global Expansion Progress
PCT
Earnings
CFO Change
New Projects/Investments
- PureCycle Technologies reported $2.7 million in revenue for Q4 2025, marking its fourth consecutive quarter of sequential revenue growth, and saw significant operational ramp-up with Denver processing 14 million lbs of feed and Ironton producing 7.5 million lbs.
- Donald Carpenter will assume the CFO role effective March 1, 2027, succeeding Jaime Vasquez. Additionally, the company added Dr. Siri and Valerie Mars to its board.
- The company is advancing its global expansion, with the Thailand project securing nine feedstock LOIs and applying for a tax holiday potentially worth $100 million, while the Antwerp project secured a EUR 40 million EIF grant.
- Initial Gen 2 purification design analysis suggests significantly reduced capital intensity, with greenfield costs approaching $1.50 per pound and brownfield expansions at $1 per pound, and projected cash costs expected to be below virgin polypropylene production.
- Financing efforts include the extension of warrants, preserving approximately $273 million in potential proceeds, and active pursuit of project financing for its international facilities.
1 day ago
PureCycle Technologies Reports Q4 2025 Revenue and Operational Milestones
PCT
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- PureCycle Technologies reported $2.7 million in revenue for Q4 2025, marking its fourth consecutive quarter of sequential revenue growth, and achieved a quarterly production record of 7.5 million pounds at its Ironton facility.
- The company is preparing for a planned annual maintenance outage at Ironton between mid-April and mid-May 2026, while also advancing on-site compounding with Phase two expected to be mechanically complete in March 2026.
- Commercial ramp-up faced delays in 2025, partly due to New Jersey regulatory approvals affecting 15-30 million pounds of near-term demand, but the company has added 20-25 million pounds of new potential demand at full ramp, bringing total run rate demand to 60-75 million pounds.
- Significant progress is being made on global expansion projects, with the Thailand project expected to break ground in H2 2026 and the Antwerp project to begin construction by 1Q 2027.
- To support growth, the company extended Series A warrants through March 17, 2027, at a reduced redemption price of $14.38 per share, potentially generating $205 million, and anticipates $39 million-$45 million in total project-related spend for full year 2026.
1 day ago
PureCycle Technologies Reports Q4 2025 Results, Announces CFO Change and Operational Milestones
PCT
CFO Change
Board Change
New Projects/Investments
- PureCycle Technologies announced Donald Carpenter will assume the role of Chief Financial Officer effective March 1, 2027, succeeding Jaime Vasquez, and also appointed two new independent board members.
- The company reported $2.7 million in revenue for Q4 2025, marking its fourth consecutive quarter of sequential revenue growth.
- Operational performance saw Denver process 14 million pounds of feed in Q4, a 44% increase over Q3, and Ironton achieve a record production of 7.5 million pounds.
- Progress on international projects includes the Thailand project expecting to break ground in H2 2026 and the Antwerp project securing a EUR 40 million EIF grant.
- Financially, the company extended Series A warrants, potentially yielding $205 million, and public/private warrants, potentially yielding $68 million, while also repaying $20.3 million in high-cost equipment finance debt and retiring $9.8 million in Ironton bonds.
1 day ago
PureCycle Technologies Announces Q4 2025 Financial and Operational Highlights
PCT
Earnings
Guidance Update
New Projects/Investments
- PureCycle Technologies reported $2.7 million in revenue for Q4 2025, marking its fourth consecutive quarter of sequential growth, and ended the quarter with $181.6 million in total cash.
- Operationally, the company produced a record 7.5 million pounds of PureFive® and ramped feedstock production to 14 million pounds in Q4 2025.
- The Thailand facility is on track for 2027 mechanical completion, and construction for the Antwerp facility is expected to begin by Q1 2027.
- The company extended Series A warrants and public/private warrants, with potential proceeds of ~$205 million and ~$68 million, respectively.
- While short-term revenue targets have been delayed, the company anticipates a significant revenue ramp with 40-50 million lbs. on track for 2Q/3Q 2026 and 20-25 million lbs. for 3Q/4Q 2026.
1 day ago
PureCycle Technologies Reports Q4 2025 Results and Corporate Updates
PCT
Earnings
CFO Change
New Projects/Investments
- PureCycle Technologies reported $2.7 million in Q4 2025 revenue, marking its fourth consecutive quarter of sequential revenue growth, and achieved a record 7.5 million pounds of PureFive® rPP production.
- The company ended Q4 2025 with $181.6 million in total cash and marketable securities.
- Donald Carpenter was appointed Chief Financial Officer, effective March 1, 2026, following the retirement of Jaime Vasquez.
- Expansion efforts are progressing, with the Thailand facility on track for 2027 mechanical completion and expected to break ground in 2H 2026, and Antwerp, Belgium construction anticipated to begin by Q1 2027.
- The company extended expiring Series A warrants for one year to March 17, 2027, and reduced their call provision from $18.00 to $14.38 per share.
1 day ago
Polypropylene Market Forecasts Growth, PureCycle Technologies Secures Funding
PCT
New Projects/Investments
- The global polypropylene market is projected to grow from an estimated US$ 129.44 billion in 2024 to US$ 192.03 billion by 2033, at a Compound Annual Growth Rate (CAGR) of 4.48% from 2025 to 2033.
- This market expansion is primarily driven by increasing demand from the packaging, automotive, and construction industries, with the automotive sector seeing growth due to the adoption of lighter materials and electric vehicles.
- Significant challenges for the market include price volatility of raw materials such as crude oil and natural gas, and increasing regulatory and environmental pressures concerning plastic waste and recycling infrastructure.
- In June 2025, PureCycle Technologies announced a $300 million funding raise aimed at installing one billion pounds of recycling capacity, including a new 130-million-pound polypropylene recycling facility in Rayong, Thailand.
Jan 5, 2026, 3:48 PM
PureCycle Technologies Amends Loan Agreement and Extends Project Completion Date
PCT
Debt Issuance
New Projects/Investments
- PureCycle Technologies, Inc. entered into a Seventh Supplemental Indenture on December 26, 2025, amending the Indenture and Loan Agreement related to the financing of its first commercial-scale recycling facility.
- The "Outside Completion Date" for the facility's completion was extended to December 31, 2029.
- Key financial covenants, including the Debt Service Coverage Ratio and Days Cash on Hand, will commence with the fiscal year ending December 31, 2030.
- The company is restricted from making any distributions to its members prior to January 1, 2030.
Dec 30, 2025, 1:30 PM
PureCycle Technologies Announces Initial PureFive™ Resin Sales for Paint Caps
PCT
Product Launch
New Projects/Investments
- PureCycle Technologies (PCT) has made initial sales of its PureFive™ resin for caps to a global top five paint and coatings company, with products now on store shelves.
- The caps and closures market represents a significant opportunity, with over 300 million polypropylene pieces produced annually in North America.
- PCT anticipates continuing to supply PureFive™ resin to this customer through 2026.
Dec 11, 2025, 1:30 PM
PureCycle Reports Record Q3 2025 Production and Commercial Milestones
PCT
Earnings
New Projects/Investments
Product Launch
- PureCycle (PCT) achieved record quarterly PureFive™ production of 7.2 million pounds at its Ironton facility in Q3 2025, with September marking a new monthly record of 3.3 million pounds.
- Commercial progress includes the first P&G application passing all tests with sales expected in Q4, and white thermoformed coffee lids made with PureFive™ resin expected to ship for a top 5 global QSR in Q4. The company also received REACH Certification, enabling sales into Europe.
- Unrestricted cash decreased by $49.7 million from $284.1 million on June 30, 2025, to $234.4 million on September 30, 2025, primarily due to $16.5 million in operations expenses and $12.9 million in debt service.
- Growth initiatives include the progression of the Thailand project and the acceptance of a European Innovation Fund proposal for a grant agreement of up to €40 million expected by the end of Q1 2026.
Nov 6, 2025, 10:00 PM
PCT Reports Strong Q3 2025 Operational Progress and Commercial Traction
PCT
Earnings
New Projects/Investments
Guidance Update
- PureCycle Technologies (PCT) reported record production in Q3 2025, with Ironton producing 7.2 million lbs and September being the highest month at 3.3 million lbs. The Denver facility processed 9.4 million lbs of feedstock in Q3 and successfully added a second shift, with a third shift planned for Q4 to increase capacity to approximately $100 million annually.
- The company is making significant commercial progress, with material scheduled to ship to P&G's converter in Q4 2025 for products hitting shelves in early 2026. PCT also expects to ship to a top five Quick-Service Restaurant (QSR) group in Q4 and projects initial annual volumes from key customers (Emerald, P&G, QSR coffee lids) to be in the range of $40 million-$50 million.
- International growth plans are progressing, with the Antwerp facility's permitting on schedule and an accepted proposal for an EU Innovation Fund grant of up to EUR 40 million expected by the end of Q1. Debt financing efforts for the Thailand project are also on track for financial close.
- As of Q3 2025, PCT held $234 million in unrestricted cash and $87 million in revenue bonds. Operational and corporate spend for Q3 2025 was $37 million, a slight decrease from $39 million in Q2 2025.
Nov 6, 2025, 10:00 PM
Quarterly earnings call transcripts for PureCycle Technologies.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more