Filing Flows › PureCycle Technologies (PCT) › Q2 2026
PureCycle Technologies (PCT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
PureCycle Technologies (PCT) reported revenue of $4.5M for the second quarter 2026 (Q2 2026), +173% from a year earlier and +9% from the quarter before. Operating margin was -916.1%.
PureCycle Technologies, Q2 2026: revenue $4.5M (+174% year over year), operating margin -916.1%, net loss $142M, operating cash flow −$50.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | +9% | +173% |
| Operating profit | −$41.3M | — | — |
| Net earnings | −$142M | — | — |
| Operating cash flow | −$50.0M | — | — |
What changed
Revenue was $4.5M in Q2 2026, up 173% year over year and up 9% from the previous quarter.
Operating costs exceeded revenue by $41.3M, an operating margin of -916.1%. Total costs fell 3% while revenue rose 173%. The fastest-growing cost line was Other operating costs (+16%). The quarter ended with a net loss of $142.2M, wider than the previous quarter's $33.4M loss. Net interest and other expense of $100.9M was the main reason.
Operating cash flow was −$50.0M. Non-cash charges added back $7.4M of depreciation and $2.0M of share-based compensation. Working capital and other items added $82.9M. Capital expenditures of $31.7M exceeded it, leaving free cash flow of −$81.8M.
Questions
What was PureCycle Technologies' revenue in the second quarter 2026?
PureCycle Technologies (PCT) reported revenue of $4.5M for the second quarter 2026 (Q2 2026), +173% from a year earlier and +9% from the quarter before.
Was PureCycle Technologies profitable in the second quarter 2026?
Operating loss was $41.3M (-916.1% of revenue) and net loss $142M.