Filing Flows › PureCycle Technologies (PCT) › Q1 2025
PureCycle Technologies (PCT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
PureCycle Technologies (PCT) reported revenue of $1.6M for the first quarter 2025 (Q1 2025).
PureCycle Technologies, Q1 2025: revenue $1.6M, net earnings $8.8M, operating cash flow −$38.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | — | — |
| Operating profit | −$37.7M | — | — |
| Net earnings | $8.8M | — | — |
| Operating cash flow | −$38.9M | — | — |
What changed
Revenue was $1.6M in Q1 2025.
Operating costs exceeded revenue by $37.7M, an operating margin of -2387.4%. Net earnings were $8.8M. The effective tax rate was 0.0%. Non-operating items added $46.6M, 527% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$38.9M. Non-cash charges added back $7.3M of depreciation and $3.4M of share-based compensation. Working capital and other items used $58.4M. Capital expenditures of $15.0M exceeded it, leaving free cash flow of −$53.9M.
Questions
What was PureCycle Technologies' revenue in the first quarter 2025?
PureCycle Technologies (PCT) reported revenue of $1.6M for the first quarter 2025 (Q1 2025).