PureCycle Technologies (PCTTU) Financials

$6.20 +0.10 (+1.64%)

As of 03:30 PM Eastern

Annual Income Statements for PureCycle Technologies

This table shows PureCycle Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-53	-78	-85	-102	-289	-183
Consolidated Net Income / (Loss)	-53	-78	-85	-102	-289	-183
Net Income / (Loss) Continuing Operations	-53	-78	-85	-102	-289	-183
Total Pre-Tax Income	-53	-78	-85	-101	-289	-182
Total Operating Income	-37	-70	-81	-114	-145	-181
Total Gross Profit	0.00	0.00	0.00	0.00	0.00	8.36
Total Revenue	0.00	0.00	0.00	0.00	0.00	8.36
Operating Revenue	-	-	-	0.00	0.00	8.36
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	37	70	81	114	145	190
Selling, General & Admin Expense	37	66	77	107	139	169
Research & Development Expense	0.65	3.69	4.35	6.62	6.48	5.93
Impairment Charge	-	-	-	0.00	0.00	15
Total Other Income / (Expense), net	-16	-7.92	-3.43	13	-144	-0.16
Interest Expense	4.11	7.47	2.31	31	78	69
Interest & Investment Income	-	0.82	4.95	11	5.19	5.86
Other Income / (Expense), net	-12	-1.27	-6.07	33	-71	63
Income Tax Expense	-	0.00	0.00	0.65	-0.08	0.97
Basic Earnings per Share	($1.96)	($0.75)	($0.54)	($0.62)	($1.75)	($1.08)
Weighted Average Basic Shares Outstanding	28.73M	102.91M	155.96M	163.87M	165.38M	179.33M
Diluted Earnings per Share	($1.96)	($0.79)	($0.55)	($0.63)	($1.75)	($1.21)
Weighted Average Diluted Shares Outstanding	28.73M	102.98M	156.15M	164.01M	165.38M	180.45M
Weighted Average Basic & Diluted Shares Outstanding	-	163.23M	163.67M	164.33M	179.34M	180.60M

This table shows PureCycle Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-55	8.53	-29	-86	-48	-91	-65	8.83	-144	-28	-19
Consolidated Net Income / (Loss)	-55	8.53	-29	-86	-48	-91	-65	8.83	-144	-28	-19
Net Income / (Loss) Continuing Operations	-55	8.53	-29	-86	-48	-91	-65	8.83	-144	-28	-19
Total Pre-Tax Income	-55	8.53	-28	-86	-48	-91	-65	8.83	-144	-28	-18
Total Operating Income	-27	-32	-34	-39	-40	-31	-35	-38	-46	-39	-59
Total Gross Profit	0.00	0.00	-	0.00	0.00	0.00	-	1.58	1.65	2.43	2.70
Total Revenue	0.00	0.00	-	0.00	0.00	0.00	-	1.58	1.65	2.43	2.70
Operating Revenue	-	-	-	0.00	0.00	0.00	-	1.58	1.65	2.43	2.70
Total Operating Expenses	27	32	34	39	40	31	35	39	47	41	62
Selling, General & Admin Expense	25	30	32	37	38	30	34	38	46	40	45
Research & Development Expense	1.57	1.59	1.69	1.83	1.57	1.54	1.50	1.54	1.40	1.44	1.54
Total Other Income / (Expense), net	-29	40	5.50	-47	-8.29	-59	-30	47	-99	11	41
Interest Expense	4.03	12	15	36	12	15	15	15	18	16	20
Interest & Investment Income	1.58	2.87	4.49	3.60	0.51	0.41	0.66	0.38	0.62	2.85	2.01
Other Income / (Expense), net	-26	49	16	-14	3.25	-45	-15	61	-82	24	59
Basic Earnings per Share	($0.34)	$0.05	($0.17)	($0.52)	($0.29)	($0.54)	($0.40)	$0.05	($0.81)	($0.19)	($0.13)
Weighted Average Basic Shares Outstanding	163.74M	164.02M	163.87M	164.36M	164.69M	166.51M	165.38M	177.31M	179.67M	180.07M	179.33M
Diluted Earnings per Share	($0.34)	$0.03	($0.16)	($0.52)	($0.29)	($0.54)	($0.40)	$0.05	($0.81)	($0.31)	($0.14)
Weighted Average Diluted Shares Outstanding	163.74M	165.55M	164.01M	164.36M	164.69M	166.51M	165.38M	178.51M	179.67M	184.55M	180.45M
Weighted Average Basic & Diluted Shares Outstanding	163.99M	164.06M	164.33M	164.63M	164.96M	173.49M	179.34M	179.56M	180.09M	180.20M	180.60M

This table details how cash moves in and out of PureCycle Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	330	-67	-36	75	-261	127
Net Cash From Operating Activities	-18	-55	-65	-95	-145	-143
Net Cash From Continuing Operating Activities	-18	-55	-65	-95	-143	-139
Net Income / (Loss) Continuing Operations	-53	-78	-85	-102	-289	-183
Consolidated Net Income / (Loss)	-53	-78	-85	-102	-289	-183
Depreciation Expense	1.90	2.28	3.61	16	31	29
Amortization Expense	0.82	3.20	2.17	5.46	20	28
Non-Cash Adjustments To Reconcile Net Income	18	24	17	-23	102	-26
Changes in Operating Assets and Liabilities, net	15	-6.59	-3.20	8.16	-7.11	12
Net Cash From Investing Activities	-30	-306	-218	-102	-7.01	-54
Net Cash From Continuing Investing Activities	-30	-306	-218	-102	-7.01	-54
Purchase of Property, Plant & Equipment	-30	-137	-287	-154	-56	-41
Purchase of Investments	0.00	-229	-192	-58	-31	-14
Sale and/or Maturity of Investments	0.00	61	261	109	79	0.00
Net Cash From Financing Activities	378	293	248	272	-109	324
Net Cash From Continuing Financing Activities	378	297	248	250	-109	324
Repayment of Debt	-30	-0.33	-0.06	-0.09	-252	-26
Repurchase of Common Equity	0.00	-1.70	-2.41	-12	-2.74	-14
Issuance of Debt	304	0.00	0.00	263	61	52
Issuance of Preferred Equity	-	-	0.00	0.00	22	300
Issuance of Common Equity	107	1.00	250	0.00	38	33
Other Financing Activities, net	-2.70	298	0.00	-0.59	25	-22
Cash Interest Paid	2.14	1.50	1.30	14	42	36

This table details how cash moves in and out of PureCycle Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-48	168	-82	-263	-16	70	-52	-4.05	260	-51	-79
Net Cash From Operating Activities	-26	-21	-34	-39	-40	-33	-32	-39	-37	-38	-29
Net Cash From Continuing Operating Activities	-25	-20	-35	-38	-40	-33	-34	-39	-35	-40	-25
Net Income / (Loss) Continuing Operations	-55	8.53	-29	-86	-48	-91	-65	8.83	-144	-28	-19
Consolidated Net Income / (Loss)	-55	8.53	-29	-86	-48	-91	-65	8.83	-144	-28	-19
Depreciation Expense	2.80	5.67	6.17	9.26	7.17	7.43	7.47	7.35	7.26	7.26	7.25
Amortization Expense	0.92	1.89	3.15	2.99	4.08	5.39	7.22	4.85	8.55	7.34	7.58
Non-Cash Adjustments To Reconcile Net Income	31	-46	-13	39	-0.71	50	16	-57	93	-20	-42
Changes in Operating Assets and Liabilities, net	-4.19	10	-2.43	-3.00	-2.26	-5.11	0.35	-2.53	0.45	-6.61	21
Net Cash From Investing Activities	-78	-30	-47	32	-8.17	-9.27	-22	-15	-8.61	-3.90	-27
Net Cash From Continuing Investing Activities	-78	-30	-47	32	-8.17	-9.27	-22	-15	-8.61	-3.90	-27
Purchase of Property, Plant & Equipment	-78	-18	-11	-14	-10	-9.27	-22	-15	-8.61	-3.90	-13
Purchase of Investments	-	-12	-46	-31	-	-	-	0.00	-	-	-14
Net Cash From Financing Activities	56	219	-1.28	-255	32	113	1.29	50	306	-8.33	-24
Net Cash From Continuing Financing Activities	56	219	3.28	-255	32	113	2.41	50	306	-15	-17
Repayment of Debt	-1.99	-7.36	4.12	-255	0.12	-0.90	-0.56	-3.40	-13	2.01	-11
Repurchase of Common Equity	-0.03	-0.82	-0.25	-0.60	-0.10	-0.48	-0.44	-1.70	-2.10	-8.35	-1.50
Issuance of Debt	-	225	-	0.00	-	8.20	2.81	16	25	-	10
Other Financing Activities, net	20	2.35	-0.59	0.00	30	16	0.51	5.40	-9.70	-3.37	-14
Cash Interest Paid	0.65	2.09	11	16	5.26	12	8.57	11	7.94	10	6.86

This table presents PureCycle Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	408	665	861	1,039	798	923
Total Current Assets	65	345	236	163	54	198
Cash & Equivalents	64	33	64	73	16	157
Restricted Cash	0.00	142	69	26	17	1.98
Short-Term Investments	0.00	167	99	48	0.00	14
Accounts Receivable	-	-	-	-	0.00	2.01
Inventories, net	-	-	-	4.79	8.09	9.37
Prepaid Expenses	0.45	2.71	4.88	11	13	14
Plant, Property, & Equipment, net	74	225	506	639	674	658
Total Noncurrent Assets	269	94	119	238	70	67
Other Noncurrent Operating Assets	269	94	5.48	208	70	67
Total Liabilities & Shareholders' Equity	408	665	861	1,039	798	923
Total Liabilities	296	283	350	619	618	572
Total Current Liabilities	33	38	38	56	91	88
Short-Term Debt	0.12	-	0.00	9.15	23	14
Accounts Payable	1.06	1.40	1.67	2.88	6.60	9.25
Accrued Expenses	27	36	35	35	43	43
Other Current Liabilities	-	-	-	0.00	10	14
Other Current Nonoperating Liabilities	4.95	1.53	1.53	8.19	7.63	7.81
Total Noncurrent Liabilities	263	245	312	564	527	485
Long-Term Debt	262	233	234	507	323	350
Noncurrent Deferred Revenue	0.00	5.00	5.00	5.00	5.00	5.00
Other Noncurrent Operating Liabilities	1.00	7.18	74	51	199	130
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	0.00	305
Total Equity & Noncontrolling Interests	112	382	511	420	180	46
Total Preferred & Common Equity	112	382	511	420	180	46
Total Common Equity	112	382	511	420	180	46
Common Stock	192	540	754	764	814	862
Retained Earnings	-81	-158	-243	-344	-633	-816
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.24	-0.64	-0.03	0.08	-0.31

This table presents PureCycle Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	887	887	875	893	1,072	734	720	789	787	1,042	989
Total Current Assets	429	321	114	76	257	51	32	101	50	315	265
Cash & Equivalents	118	56	38	29	199	25	11	84	22	284	234
Restricted Cash	73	100	68	36	33	7.57	2.88	0.24	5.76	4.61	3.58
Accounts Receivable	-	-	-	-	-	-	-	-	1.49	2.13	1.60
Inventories, net	-	-	-	-	-	-	6.11	6.62	8.68	11	11
Prepaid Expenses	6.28	6.03	7.38	11	13	16	12	11	11	13	15
Plant, Property, & Equipment, net	346	439	580	629	626	642	646	645	668	659	656
Total Noncurrent Assets	112	127	182	188	189	41	42	42	70	69	68
Other Noncurrent Operating Assets	100	108	163	188	189	12	42	42	70	69	68
Total Liabilities & Shareholders' Equity	887	887	875	893	1,072	734	720	789	787	1,042	989
Total Liabilities	336	369	388	459	630	397	428	547	549	650	622
Total Current Liabilities	33	46	71	54	52	44	48	58	91	147	118
Short-Term Debt	-	-	-	6.43	7.07	3.20	3.93	11	23	26	24
Accounts Payable	5.13	7.10	23	11	6.85	8.36	4.24	2.33	6.76	12	4.41
Accrued Expenses	27	33	42	35	30	29	31	30	27	24	23
Other Current Liabilities	-	-	-	-	-	-	1.04	10	28	78	60
Other Current Nonoperating Liabilities	1.53	6.13	6.13	1.75	8.23	2.60	7.50	5.43	5.85	8.08	6.43
Total Noncurrent Liabilities	302	323	317	404	578	354	381	489	459	502	503
Long-Term Debt	233	233	234	284	506	284	309	329	340	350	355
Noncurrent Deferred Revenue	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Other Noncurrent Operating Liabilities	64	84	78	116	67	64	66	155	113	147	143
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	-	-	-	-	294	299
Total Equity & Noncontrolling Interests	551	519	488	434	442	337	292	241	238	99	68
Total Preferred & Common Equity	551	519	488	434	442	337	292	241	238	99	68
Total Common Equity	551	518	487	434	442	337	292	241	238	99	68
Common Stock	750	753	756	759	762	767	770	810	863	868	866
Retained Earnings	-198	-233	-268	-325	-320	-430	-478	-569	-625	-769	-797
Accumulated Other Comprehensive Income / (Loss)	-1.04	-1.02	0.00	0.00	-0.01	0.00	0.01	-0.06	-0.02	-0.23	-0.25

This table displays calculated financial ratios and metrics derived from PureCycle Technologies' official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	180,198,340.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	180,198,340.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-1.01
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	0.00%	-41.60%	-24.83%	29.40%	-186.99%	62.92%
EBIT Growth	0.00%	-44.93%	-23.34%	7.81%	-168.55%	45.17%
NOPAT Growth	0.00%	-86.93%	-16.87%	-40.07%	-27.64%	-24.80%
Net Income Growth	0.00%	-46.25%	-9.35%	-20.02%	-184.26%	36.86%
EPS Growth	0.00%	59.69%	30.38%	-14.55%	-177.78%	30.86%
Operating Cash Flow Growth	0.00%	-203.61%	-20.13%	-44.94%	-52.60%	1.44%
Free Cash Flow Firm Growth	0.00%	0.00%	-2,745.94%	-124.52%	144.55%	-190.14%
Invested Capital Growth	0.00%	-13.21%	53.81%	90.00%	-38.32%	9.44%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	47.61%
EBITDA Q/Q Growth	0.00%	13.40%	8.57%	1.84%	-19.68%	45.19%
EBIT Q/Q Growth	0.00%	12.43%	7.70%	-8.80%	-17.72%	29.79%
NOPAT Q/Q Growth	0.00%	-4.05%	0.53%	-12.26%	-0.90%	-15.25%
Net Income Q/Q Growth	0.00%	18.86%	10.58%	-23.98%	-14.06%	20.09%
EPS Q/Q Growth	0.00%	62.02%	-10.00%	-18.87%	-15.89%	17.69%
Operating Cash Flow Q/Q Growth	0.00%	-10.95%	-4.41%	-23.83%	1.18%	2.16%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-122.70%	-31.99%	78.09%	-42.88%
Invested Capital Q/Q Growth	0.00%	-33.21%	-5.21%	11.01%	-2.23%	6.74%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	0.00%	0.00%	0.00%	100.00%
EBITDA Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-732.34%
Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-2,171.59%
EBIT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-1,419.69%
Profit (Net Income) Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-2,185.10%
Tax Burden Percent	100.00%	100.00%	100.00%	100.64%	99.97%	100.53%
Interest Burden Percent	108.40%	109.39%	96.98%	125.45%	133.68%	153.10%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	-24.14%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	-45.46%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	-44.62%
Return on Equity (ROE)	-47.42%	-31.42%	-18.99%	-21.85%	-96.27%	-68.76%
Cash Return on Invested Capital (CROIC)	0.00%	-2.44%	-58.84%	-75.17%	31.61%	-33.15%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	-13.78%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	-21.22%
Return on Common Equity (ROCE)	-47.40%	-31.42%	-18.99%	-21.84%	-96.21%	-29.31%
Return on Equity Simple (ROE_SIMPLE)	-47.42%	-20.31%	-16.59%	-24.20%	-160.23%	0.00%
Net Operating Profit after Tax (NOPAT)	-26	-49	-57	-80	-102	-127
NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-1,520.11%
Net Nonoperating Expense Percent (NNEP)	13.29%	61.18%	-27.87%	15.36%	54.39%	21.32%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-7.65%	-8.51%	-19.69%	-31.01%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	2,020.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	70.92%
Operating Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	2,271.59%
Earnings before Interest and Taxes (EBIT)	-49	-71	-87	-81	-216	-119
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-46	-65	-82	-58	-165	-61
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	3.14	2.16	1.58	9.86	33.73
Price to Tangible Book Value (P/TBV)	0.00	3.14	2.16	1.58	9.86	33.73
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	185.27
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	3.98	2.64	1.30	4.23	3.72
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	244.65
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	10.21	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	2.35	0.61	0.46	1.23	1.86	1.04
Long-Term Debt to Equity	2.35	0.61	0.46	1.21	1.79	1.00
Financial Leverage	1.81	0.19	-0.22	0.31	1.15	0.98
Leverage Ratio	3.65	2.17	1.71	2.04	3.06	3.24
Compound Leverage Factor	3.96	2.38	1.66	2.56	4.09	4.96
Debt to Total Capital	70.12%	37.87%	31.37%	55.14%	65.08%	50.92%
Short-Term Debt to Total Capital	0.03%	0.00%	0.00%	0.98%	2.50%	1.96%
Long-Term Debt to Total Capital	70.09%	37.87%	31.37%	54.16%	62.58%	48.96%
Preferred Equity to Total Capital	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	42.66%
Common Equity to Total Capital	29.87%	62.13%	68.61%	44.84%	34.89%	6.42%
Debt to EBITDA	-5.68	-3.56	-2.86	-8.97	-2.03	-5.94
Net Debt to EBITDA	-4.28	1.68	-0.03	-6.41	-1.84	-3.13
Long-Term Debt to EBITDA	-5.68	-3.56	-2.86	-8.81	-1.96	-5.72
Debt to NOPAT	-10.07	-4.77	-4.10	-6.48	-3.30	-2.86
Net Debt to NOPAT	-7.59	2.26	-0.04	-4.63	-2.99	-1.51
Long-Term Debt to NOPAT	-10.06	-4.77	-4.10	-6.36	-3.18	-2.75
Altman Z-Score	0.00	2.41	1.44	0.05	-0.33	0.11
Noncontrolling Interest Sharing Ratio	0.03%	0.01%	0.02%	0.04%	0.06%	57.38%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.96	8.98	6.17	2.92	0.59	2.26
Quick Ratio	1.95	5.22	4.24	2.19	0.17	1.97
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-7.16	-204	-458	204	-174
Operating Cash Flow to CapEx	-60.22%	-39.67%	-22.80%	-61.67%	-260.55%	-349.45%
Free Cash Flow to Firm to Interest Expense	0.00	-0.96	-88.15	-14.59	2.61	-2.53
Operating Cash Flow to Interest Expense	-4.37	-7.29	-28.32	-3.03	-1.86	-2.07
Operating Cash Flow Less CapEx to Interest Expense	-11.63	-25.68	-152.54	-7.93	-2.57	-2.67
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.01
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.01
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	314	273	420	798	492	550
Invested Capital Turnover	0.00	0.00	0.00	0.00	0.00	0.02
Increase / (Decrease) in Invested Capital	0.00	-42	147	378	-306	47
Enterprise Value (EV)	0.00	1,086	1,107	1,034	2,082	2,044
Market Capitalization	0.00	1,196	1,105	664	1,778	1,548
Book Value per Share	$3.89	$3.05	$3.12	$2.56	$1.04	$0.25
Tangible Book Value per Share	$3.89	$3.05	$3.12	$2.56	$1.04	$0.25
Total Capital	374	614	744	937	517	714
Total Debt	262	233	234	517	336	364
Total Long-Term Debt	262	233	234	507	323	350
Net Debt	198	-110	2.18	369	304	191
Capital Expenditures (CapEx)	30	137	287	154	56	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-33	-36	-33	-31	-56	-48
Debt-free Net Working Capital (DFNWC)	32	307	198	116	-24	124
Net Working Capital (NWC)	32	307	198	107	-37	110
Net Nonoperating Expense (NNE)	27	29	28	22	187	56
Net Nonoperating Obligations (NNO)	203	-109	-91	377	312	199
Total Depreciation and Amortization (D&A)	2.72	5.48	5.78	23	51	57
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	-572.60%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	1,489.74%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	1,321.99%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.75)	($0.54)	($0.62)	($1.75)	($1.08)
Adjusted Weighted Average Basic Shares Outstanding	0.00	102.91M	155.96M	163.87M	165.38M	179.33M
Adjusted Diluted Earnings per Share	$0.00	($0.75)	($0.54)	($0.63)	($1.75)	($1.21)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	102.91M	155.96M	164.01M	165.38M	180.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	163.23M	163.67M	164.33M	179.34M	180.60M
Normalized Net Operating Profit after Tax (NOPAT)	-26	-49	-57	-80	-102	-116
Normalized NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-1,393.85%
Pre Tax Income Margin	0.00%	0.00%	0.00%	0.00%	0.00%	-2,173.49%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-11.91	-9.48	-37.80	-2.57	-2.77	-1.72
NOPAT to Interest Expense	-6.35	-6.52	-24.62	-2.54	-1.30	-1.84
EBIT Less CapEx to Interest Expense	-19.17	-27.87	-162.01	-7.47	-3.48	-2.32
NOPAT Less CapEx to Interest Expense	-13.61	-24.90	-148.84	-7.45	-2.02	-2.44
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-2.19%	-2.85%	-1.35%	-0.56%	-7.48%

This table displays calculated financial ratios and metrics derived from PureCycle Technologies' official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	180,198,340.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	180,198,340.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.10
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	-252.90%	171.17%	11.41%	-64.30%	48.31%	-357.58%	-324.95%	187.75%	-338.14%	99.39%	142.28%
EBIT Growth	-248.61%	147.61%	-58.35%	-95.22%	30.70%	-545.64%	-184.11%	144.42%	-246.93%	80.41%	100.15%
NOPAT Growth	-35.31%	-114.10%	-58.01%	-78.64%	-50.12%	30.68%	-3.82%	-38.24%	-14.22%	-24.39%	-68.23%
Net Income Growth	-269.02%	124.41%	-210.14%	-231.27%	12.92%	-1,162.59%	-122.76%	110.32%	-199.18%	68.70%	70.95%
EPS Growth	-277.78%	114.29%	-166.67%	-225.00%	14.71%	-1,900.00%	-150.00%	109.62%	-179.31%	42.59%	65.00%
Operating Cash Flow Growth	-41.30%	-38.69%	-119.25%	-165.52%	-57.51%	-59.65%	5.17%	0.79%	9.17%	-15.24%	9.90%
Free Cash Flow Firm Growth	-5,787.01%	-526.46%	-148.05%	100.43%	110.94%	162.95%	169.98%	-1,718.52%	127.17%	-120.23%	-132.83%
Invested Capital Growth	82.20%	62.24%	90.00%	-4.64%	-9.47%	-29.97%	-38.32%	-2.20%	-18.50%	2.36%	9.44%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.43%	47.27%	10.91%
EBITDA Q/Q Growth	-98.58%	150.25%	-133.86%	-386.35%	37.52%	-150.38%	44.14%	200.43%	-411.95%	99.65%	3,938.66%
EBIT Q/Q Growth	-95.14%	132.43%	-203.05%	-199.34%	30.73%	-108.57%	34.31%	146.80%	-640.97%	88.22%	100.49%
NOPAT Q/Q Growth	-21.87%	-69.77%	24.95%	-15.05%	-2.41%	21.60%	-12.40%	-53.18%	15.38%	14.62%	-52.02%
Net Income Q/Q Growth	-114.26%	115.41%	-440.39%	-194.84%	43.68%	-88.00%	28.64%	113.66%	-1,733.15%	80.33%	33.78%
EPS Q/Q Growth	-112.50%	108.82%	-633.33%	-225.00%	44.23%	-86.21%	25.93%	112.50%	-1,720.00%	61.73%	54.84%
Operating Cash Flow Q/Q Growth	-73.97%	18.56%	-60.60%	-16.68%	-3.20%	17.45%	4.60%	-22.07%	5.52%	-4.74%	25.41%
Free Cash Flow Firm Q/Q Growth	10.07%	3.06%	-30.69%	100.38%	2,175.00%	457.66%	45.28%	-108.78%	419.30%	-149.66%	-127.05%
Invested Capital Q/Q Growth	6.47%	8.67%	11.01%	-25.75%	1.07%	-15.93%	-2.23%	17.72%	-15.77%	5.58%	6.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,260.32%	-6,751.88%	-15.97%	552.65%
Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2,387.41%	-2,763.52%	-1,602.18%	-2,196.07%
EBIT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,488.42%	-7,710.36%	-616.67%	2.75%
Profit (Net Income) Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	558.99%	-8,741.82%	-1,167.49%	-697.11%
Tax Burden Percent	100.00%	100.00%	102.29%	100.00%	100.00%	100.00%	99.88%	100.00%	100.00%	100.00%	105.44%
Interest Burden Percent	104.63%	49.70%	160.49%	161.70%	131.47%	118.50%	128.88%	37.56%	113.38%	189.32%	-24,077.03%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-6.44%	-11.50%	-12.47%	-24.41%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	9.17%	-67.39%	-13.01%	-15.72%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	9.51%	-39.57%	-8.75%	-15.43%
Return on Equity (ROE)	-25.48%	-17.09%	-21.85%	-39.17%	-42.52%	-74.23%	-96.27%	3.07%	-51.07%	-21.22%	-39.84%
Cash Return on Invested Capital (CROIC)	-70.69%	-59.69%	-75.17%	-10.37%	-6.10%	18.74%	31.61%	-15.00%	1.08%	-23.98%	-33.15%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.09%	-28.26%	-3.93%	0.03%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.16%	-32.05%	-7.43%	-6.77%
Return on Common Equity (ROCE)	-25.48%	-17.09%	-21.84%	-39.16%	-42.52%	-74.23%	-96.21%	3.07%	-29.13%	-10.79%	-16.98%
Return on Equity Simple (ROE_SIMPLE)	-28.91%	-18.58%	0.00%	-47.94%	-52.92%	-105.00%	0.00%	-81.73%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-19	-32	-24	-27	-28	-22	-25	-38	-32	-27	-41
NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2,387.41%	-1,934.46%	-1,121.53%	-1,537.25%
Net Nonoperating Expense Percent (NNEP)	188.76%	-39.86%	3.71%	29.99%	7.59%	25.51%	11.63%	-15.61%	55.89%	0.55%	-8.69%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-2.53%	-4.37%	-	-	-4.77%	-6.27%	-6.73%	-6.09%	-10.11%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,389.87%	2,778.85%	1,642.80%	1,679.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	97.53%	84.67%	59.38%	57.29%
Operating Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,487.41%	2,863.52%	1,702.18%	2,296.07%
Earnings before Interest and Taxes (EBIT)	-53	17	-18	-53	-37	-76	-50	24	-127	-15	0.07
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-49	25	-8.37	-41	-25	-64	-36	36	-111	-0.39	15
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.03	2.08	1.58	3.04	3.34	6.49	9.86	5.21	24.88	34.72	33.73
Price to Tangible Book Value (P/TBV)	4.03	2.08	1.58	3.04	3.34	6.49	9.86	5.21	24.88	34.72	33.73
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	785.45	761.60	418.41	185.27
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.99	1.65	1.30	2.15	2.13	3.62	4.23	2.72	5.82	5.45	3.72
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	997.57	879.54	496.23	244.65
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	15.93	10.21	0.00	485.45	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.67	1.16	1.23	0.85	1.07	1.41	1.86	1.53	0.96	1.03	1.04
Long-Term Debt to Equity	0.65	1.15	1.21	0.84	1.06	1.36	1.79	1.43	0.89	0.97	1.00
Financial Leverage	0.04	0.21	0.31	0.47	0.74	0.79	1.15	1.04	0.59	0.67	0.98
Leverage Ratio	1.81	2.04	2.04	1.95	2.22	2.72	3.06	2.65	2.57	2.92	3.24
Compound Leverage Factor	1.89	1.01	3.28	3.16	2.92	3.23	3.94	0.99	2.92	5.53	-780.32
Debt to Total Capital	40.06%	53.76%	55.14%	46.06%	51.79%	58.50%	65.08%	60.40%	48.87%	50.77%	50.92%
Short-Term Debt to Total Capital	0.89%	0.74%	0.98%	0.51%	0.65%	1.86%	2.50%	3.84%	3.33%	3.19%	1.96%
Long-Term Debt to Total Capital	39.18%	53.02%	54.16%	45.54%	51.14%	56.64%	62.58%	56.57%	45.54%	47.58%	48.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	38.26%	40.09%	42.66%
Common Equity to Total Capital	59.94%	46.24%	44.84%	53.92%	48.21%	41.50%	34.89%	39.60%	12.87%	9.14%	6.42%
Debt to EBITDA	-2.46	-8.75	-8.97	-3.91	-6.29	-2.46	-2.03	-4.09	-2.15	-3.40	-5.94
Net Debt to EBITDA	-1.91	-4.58	-6.41	-3.44	-6.02	-1.86	-1.84	-3.77	-0.50	-1.26	-3.13
Long-Term Debt to EBITDA	-2.40	-8.63	-8.81	-3.87	-6.21	-2.38	-1.96	-3.83	-2.00	-3.18	-5.72
Debt to NOPAT	-4.56	-7.23	-6.48	-3.13	-3.10	-3.37	-3.30	-3.60	-3.58	-3.44	-2.86
Net Debt to NOPAT	-3.54	-3.78	-4.63	-2.76	-2.96	-2.54	-2.99	-3.32	-0.83	-1.28	-1.51
Long-Term Debt to NOPAT	-4.46	-7.13	-6.36	-3.10	-3.06	-3.27	-3.18	-3.37	-3.34	-3.22	-2.75
Altman Z-Score	1.61	0.74	0.25	0.50	0.24	0.45	0.35	0.28	1.03	1.29	0.54
Noncontrolling Interest Sharing Ratio	0.02%	0.02%	0.04%	0.04%	0.00%	0.00%	0.06%	0.03%	42.96%	49.15%	57.38%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.40	4.95	2.92	1.17	0.67	1.74	0.59	0.55	2.14	2.24	2.26
Quick Ratio	0.53	4.07	2.19	0.62	0.23	1.44	0.17	0.26	1.95	1.99	1.97
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-317	-307	-402	1.52	35	193	281	-25	79	-39	-89
Operating Cash Flow to CapEx	-33.08%	-113.37%	-299.28%	-273.06%	-389.87%	-360.02%	-147.45%	-259.05%	-426.75%	-987.47%	-215.00%
Free Cash Flow to Firm to Interest Expense	-78.70	-26.72	-26.45	0.04	2.88	13.28	18.52	-1.64	4.47	-2.41	-4.46
Operating Cash Flow to Interest Expense	-6.37	-1.82	-2.21	-1.08	-3.35	-2.29	-2.10	-2.58	-2.08	-2.37	-1.44
Operating Cash Flow Less CapEx to Interest Expense	-25.65	-3.42	-2.95	-1.48	-4.21	-2.93	-3.52	-3.58	-2.57	-2.61	-2.11
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	661	719	798	592	599	503	492	579	488	515	550
Invested Capital Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.02
Increase / (Decrease) in Invested Capital	298	276	378	-29	-63	-215	-306	-13	-111	12	47
Enterprise Value (EV)	1,975	1,189	1,034	1,275	1,274	1,824	2,082	1,576	2,841	2,809	2,044
Market Capitalization	1,750	920	664	1,022	975	1,567	1,778	1,241	2,460	2,368	1,548
Book Value per Share	$2.65	$2.69	$2.56	$2.05	$1.77	$1.46	$1.04	$1.33	$0.55	$0.38	$0.25
Tangible Book Value per Share	$2.65	$2.69	$2.56	$2.05	$1.77	$1.46	$1.04	$1.33	$0.55	$0.38	$0.25
Total Capital	724	955	937	624	605	582	517	602	768	747	714
Total Debt	290	513	517	288	313	340	336	363	376	379	364
Total Long-Term Debt	284	506	507	284	309	329	323	340	350	355	350
Net Debt	225	269	369	253	299	256	304	335	87	141	191
Capital Expenditures (CapEx)	78	18	11	14	10	9.27	22	15	8.61	3.90	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-37	-32	-31	-24	-26	-30	-56	-46	-95	-67	-48
Debt-free Net Working Capital (DFNWC)	28	212	116	11	-12	54	-24	-18	193	171	124
Net Working Capital (NWC)	21	205	107	7.60	-16	43	-37	-41	168	147	110
Net Nonoperating Expense (NNE)	37	-40	5.32	58	20	69	40	-47	112	1.12	-23
Net Nonoperating Obligations (NNO)	227	277	377	255	307	262	312	341	95	148	199
Total Depreciation and Amortization (D&A)	3.73	7.55	9.32	12	11	13	15	12	16	15	15
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2,918.92%	-2,950.28%	-1,184.91%	-572.60%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,131.39%	5,987.15%	3,018.99%	1,489.74%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2,591.65%	5,194.33%	2,597.99%	1,321.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.35)	$0.03	($0.17)	($0.52)	($0.29)	($0.54)	($0.40)	$0.05	($0.81)	($0.19)	($0.13)
Adjusted Weighted Average Basic Shares Outstanding	163.74M	164.02M	163.87M	164.36M	164.69M	166.51M	165.38M	177.31M	179.67M	180.07M	179.33M
Adjusted Diluted Earnings per Share	($0.35)	$0.00	($0.16)	($0.52)	($0.29)	($0.54)	($0.40)	$0.05	($0.81)	($0.31)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	163.74M	165.55M	164.01M	164.36M	164.69M	166.51M	165.38M	178.51M	179.67M	184.55M	180.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	163.99M	164.06M	164.33M	164.63M	164.96M	173.49M	179.34M	179.56M	180.09M	180.20M	180.60M
Normalized Net Operating Profit after Tax (NOPAT)	-19	-22	-24	-27	-28	-22	-25	-26	-32	-27	-41
Normalized NOPAT Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,671.18%	-1,934.46%	-1,121.53%	-1,537.25%
Pre Tax Income Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	558.99%	-8,741.82%	-1,167.49%	-661.11%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-13.14	1.49	-1.16	-1.46	-3.04	-5.25	-3.31	1.56	-7.21	-0.92	0.00
NOPAT to Interest Expense	-4.62	-2.75	-1.56	-0.75	-2.32	-1.50	-1.62	-2.50	-1.81	-1.68	-2.08
EBIT Less CapEx to Interest Expense	-32.41	-0.11	-1.90	-1.86	-3.90	-5.89	-4.73	0.57	-7.70	-1.16	-0.67
NOPAT Less CapEx to Interest Expense	-23.89	-4.35	-2.30	-1.15	-3.18	-2.14	-3.05	-3.50	-2.30	-1.92	-2.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.70%	-1.45%	-1.35%	-1.05%	-1.14%	-0.56%	-0.56%	-1.40%	-1.24%	-5.02%	-7.48%

Financials Breakdown Chart

Key Financial Trends

Below is a concise, data‑driven snapshot of PureCycle Technologies (PCT). The points below pull from the last four years of quarterly income statements, cash flow statements, and balance sheets to highlight notable trends a retail investor may want to watch as the company scales its production capabilities.

Revenue ramp in 2025: Operating revenue climbs through 2025, ending Q4 2025 at 2.70 million and showing topline growth from earlier quarters (Q1 2025: 1.58 million; Q2 2025: 1.65 million; Q3 2025: 2.43 million).
Incoming liquidity from financing in 2025: A large financing inflow occurred in Q3 2025, with net cash from continuing financing activities around 305.8 million, providing a substantial liquidity runway amid ongoing losses.
Solid cash position mid‑2025: Cash & equivalents stood around 284.1 million in Q2 2025 and 234.4 million in Q3 2025, signaling a meaningful cash cushion for near‑term operations and capex.
Scale of assets rising with production potential: Total assets near 1.0 billion in 2025 (Q2: 1,042,472,000; Q3: 989,123,000), with net PP&E around 646–658 million, indicating a substantial asset base as the company scales.
Volatility from non‑operating items: Other Income / (Expense), net and related non‑operating gains show sizable swings (for example, Other Income, net reaching around 23–59 million in 2025), which can mask underlying operating performance.
Capital structure nuances: Redeemable noncontrolling interest around 299.3 million in 2025 Q3 adds complexity to future distributions and equity signaling, making capital structure expectations more nuanced.
Ongoing net losses in 2025: Net income remains negative across 2025 quarters, with a peak quarterly loss around 144.2 million in Q2 2025, underscoring continued profitability challenges.
Negative operating cash flow: Net cash from continuing operating activities ran negative each quarter in 2025 (roughly −24.6 million in Q4 2025 and as high as about −40.4 million in Q3 2025), signaling ongoing cash burn from core operations.
High leverage on the balance sheet: Long‑term debt around 355.3 million and total liabilities near 621.6 million (Q3 2025), with equity only around 68.2 million, point to a heavily leveraged balance sheet.
Deep accumulated deficit: Retained earnings sit far in the red (about −797.2 million in Q3 2025; about −768.8 million in Q2 2025), reflecting a long history of losses.

05/05/26 06:45 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About PureCycle Technologies' Financials

When does PureCycle Technologies' fiscal year end?

According to the most recent income statement we have on file, PureCycle Technologies' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has PureCycle Technologies' net income changed over the last 5 years?

PureCycle Technologies' net income appears to be on an upward trend, with a most recent value of -$182.57 million in 2025, rising from -$52.99 million in 2020. The previous period was -$289.14 million in 2024. Find out what analysts predict for PureCycle Technologies in the coming months.

What is PureCycle Technologies' operating income?

PureCycle Technologies' total operating income in 2025 was -$181.44 million, based on the following breakdown:

Total Gross Profit: $8.36 million
Total Operating Expenses: $189.79 million

How has PureCycle Technologies' revenue changed over the last 5 years?

Over the last 5 years, PureCycle Technologies' total revenue changed from $0.00 in 2020 to $8.36 million in 2025, a change of 835,500,000.0%.

How much debt does PureCycle Technologies have?

PureCycle Technologies' total liabilities were at $572.08 million at the end of 2025, a 7.4% decrease from 2024, and a 93.1% increase since 2020.

How much cash does PureCycle Technologies have?

In the past 5 years, PureCycle Technologies' cash and equivalents has ranged from $15.68 million in 2024 to $156.69 million in 2025, and is currently $156.69 million as of their latest financial filing in 2025.

How has PureCycle Technologies' book value per share changed over the last 5 years?

Over the last 5 years, PureCycle Technologies' book value per share changed from 3.89 in 2020 to 0.25 in 2025, a change of -93.5%.

Related Companies

Financial statements for NASDAQ:PCTTU last updated on 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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PureCycle Technologies (PCTTU) Financials

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PureCycle Technologies (PCTTU) Financials

Annual Income Statements for PureCycle Technologies

Quarterly Income Statements for PureCycle Technologies

Annual Cash Flow Statements for PureCycle Technologies

Quarterly Cash Flow Statements for PureCycle Technologies

Annual Balance Sheets for PureCycle Technologies

Quarterly Balance Sheets for PureCycle Technologies

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Quarterly Metrics And Ratios for PureCycle Technologies

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About PureCycle Technologies' Financials

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