Filing Flows › PureCycle Technologies (PCT) › Q3 2025
PureCycle Technologies (PCT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
PureCycle Technologies (PCT) reported revenue of $2.4M for the third quarter 2025 (Q3 2025) and +47% from the quarter before.
PureCycle Technologies, Q3 2025: revenue $2.4M, net loss $28.4M, operating cash flow −$38.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +47% | — |
| Operating profit | −$38.9M | — | — |
| Net earnings | −$28.4M | — | — |
| Operating cash flow | −$38.5M | — | — |
What changed
Revenue was $2.4M in Q3 2025, up 47% from the previous quarter.
Operating costs exceeded revenue by $38.9M, an operating margin of -1602.2%. The quarter ended with a net loss of $28.4M, narrower than the previous quarter's $144.2M loss. Non-operating items added $10.6M, -37% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$38.5M. Non-cash charges added back $7.3M of depreciation and $2.9M of share-based compensation. Working capital and other items used $20.3M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$42.4M.
Questions
What was PureCycle Technologies' revenue in the third quarter 2025?
PureCycle Technologies (PCT) reported revenue of $2.4M for the third quarter 2025 (Q3 2025) and +47% from the quarter before.