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PureCycle Technologies (PCT) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

PureCycle Technologies (PCT) reported revenue of $2.3M for the third quarter 2026 (Q3 2026), -3% from a year earlier and -48% from the quarter before.

Revenue$2.3M
Year over year-3%
Quarter over quarter-48%
Operating margin—
Net earnings$6.9M

PureCycle Technologies, Q3 2026: revenue $2.3M (-3% year over year), net earnings $6.9M, operating cash flow −$32.3M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.3M-48%-3%
Operating profit−$37.5M——
Net earnings$6.9M——
Operating cash flow−$32.3M——

What changed

Revenue was $2.3M in Q3 2026, down 3% year over year and down 48% from the previous quarter.

Operating costs exceeded revenue by $37.5M, an operating margin of -1594.7%. Total costs fell 4% while revenue fell 3%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $6.9M. The effective tax rate was 0.0%. Non-operating items added $44.3M, 645% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$32.3M. Non-cash charges added back $7.5M of depreciation and $2.1M of share-based compensation. Working capital and other items used $48.7M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$39.1M.

Questions

What was PureCycle Technologies' revenue in the third quarter 2026?

PureCycle Technologies (PCT) reported revenue of $2.3M for the third quarter 2026 (Q3 2026), -3% from a year earlier and -48% from the quarter before.

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Source: PureCycle Technologies 10-Q on SEC EDGAR.