PureCycle Technologies Reports Third Quarter 2026 Results
PureCycle reported Q3 2026 revenue of $2.3 million, down from $4.5 million in Q2 and slightly below the prior-year quarter, as operational issues and New Jersey regulatory delays weighed on results. New Jersey's extension of its food-contact exemption pushed roughly 15 programs, about 50 million pounds of expected annual volume, into 2027 and beyond; the company has shifted sales focus to non-food applications. Positives include Ironton production of 5.2 million pounds (up 14% sequentially), P&G products on shelves, railcar shipments underway, cost measures cutting monthly ops spend to $7.8 million (below the guided range), and $393 million of total available liquidity.
Key figures
- Eps
- 0
- Revenue
- 2349000
- Guidance
- Q4 2026 project spend ~$4 million; full-year project spend ~$51 million vs prior $45-50 million range; 2027 project range to be provided with Q4 results
- Revenue Yoy
- down from $2,430K in Q3 2025 (approximately -3%)
- Net income
- 6868000
- Q4 debt service
- 9400000
- Total liquidity
- 193000000
- Project spend q3
- 13000000
- Monthly ops spending
- 7800000
- Nj delayed volume lbs
- 50000000
- Thailand project cost
- $250 million range
- Purefive production lbs
- 5200000
- Rayong invested to date
- $85 million
- Warrant fair value gain
- 58553000
- Total available liquidity
- 393000000
- Materials purchases monthly
- 2700000
- Production sequential growth
- 14%
- Branded programs full ramp lbs
- 45-55 million pounds per year
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.