PureCycle Technologies
Purifies polypropylene waste into recycled resin and compounds it for customer applications.
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Profile
Converts polypropylene waste into PureFive recycled resin through a licensed dissolution process, then compounds grades for packaging, automotive and other uses. Revenue comes from resin and co-product sales, with commercial production concentrated at the single Ironton facility.
Uses a P&G-developed dissolution process to separate color, odor and impurities from polypropylene waste, producing PureFive recycled resin with properties similar to virgin material. Feed PreP sorting supplies the Ironton, Ohio purification plant, while on-site compounding tailors PureFive Ultra and PureFive Choice for film, packaging and molded applications.
Commercial work centers on qualifying recycled and compounded pellets with converters and brands. Resin and co-product sales generate revenue; recent deliveries include detergent caps, while trial shipments extend to food-service cups and flexible packaging.
Ironton remains the sole operating purification plant and continues to ramp after recurring reliability constraints. Planned sites in Rayong, Antwerp and Augusta require permits and construction funding. Operations also depend on suitable feedstock, customer and regulatory qualification, and the continuing P&G technology license.
Company facts
Categories
Key statistics
Year to date −27.4% · Average volume (30d) 3.9M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 7, 2026 | Cantor Fitzgerald | Reiterate | Overweight | $14 | $12 | |
| Jun 16, 2026 | Alembic Global | Target | $16 | |||
| Jun 12, 2026 | Northland Securities | Target | $16 | $13 | ||
| Nov 24, 2025 | Morgan Stanley | Target | $9 | |||
| Nov 24, 2025 | TD Cowen | Downgrade | Buy | Hold |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | −$0.29 | −$0.80 | −175.9% | $6.1M | $4.5M | −26.2% | +4.95% |
| May 6, 2026Q1 FY26 | −$0.26 | −$0.21 | +19.2% | $3.8M | $4.1M | +7.7% | +17.32% |
| Feb 26, 2026Q4 FY25 | −$0.25 | −$0.42 | −68.0% | $6.4M | $2.7M | −57.7% | −22.29% |
| Nov 6, 2025Q3 FY25 | −$0.25 | −$0.44 | −76.0% | $6.4M | $2.4M | −61.8% | +9.68% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.6M | $1.7M | $2.4M | $2.7M | $4.1M | $4.5M | |
| Gross profit | −$21.7M | −$35.6M | −$27.9M | −$49.4M | −$28.1M | −$31.0M | |
| Operating income | −$37.7M | −$45.6M | −$38.9M | −$44.1M | −$41.8M | −$41.3M | |
| Net income | $8.8M | −$144.2M | −$28.4M | −$18.8M | −$33.4M | −$142.2M | |
| Diluted EPS | $0.05 | −$0.81 | −$0.18 | −$0.07 | −$0.19 | −$0.80 | |
| Gross margin | -1,373.5% | -2,157.8% | -1,150.0% | -1,832.0% | -680.1% | -687.3% | |
| Operating margin | -2,387.4% | -2,763.5% | -1,602.2% | -1,636.9% | -1,012.7% | -916.1% |
Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $8.4M
Balance sheet, Jun 30, 2026Cash & short-term investments $224.8M · Total debt $502.1M · Total assets $1.00B · Shareholders' equity $331.0M
Dividends
No dividends on record.
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 200.72M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Gibson Daniel Patrick | 34.97M | 19.34% | 13D | Jun 12, 2026 |
| Sylebra Capital LLC | 34.08M | 16.98% | 13F | Aug 14, 2026 |
| Abundance Wealth Counselors | 25.31M | 12.61% | 13F | Jul 23, 2026 |
| Robert Pohly | 14.85M | 8.20% | 13G/A | Sep 20, 2024 |
| BlackRock, Inc. | 11.10M | 5.53% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 12, 2026 | Sylebra Capital LLC | director, 10 percent owner: | +16,622 |
Peers
- LyondellBasell
Large PP incumbent with circular polymer scale-up
- ExxonMobil
Advanced-recycling PP/PE sold through a global petrochemical system
- Braskem (ADR)
Americas PP producer with food-contact PCR grades
- TotalEnergies
Circular PP portfolio across mechanical and pyrolysis routes
- Avient
Specialty compounder overlapping with PureFive Choice applications
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PureCycle Technologies | $6.53 | +0.54% | $1.30B | — | — | 94.8 | +173.5% |
| LyondellBasell | $63.72 | +0.07% | $20.55B | — | 7.8 | 0.7 | +19.8% |
| ExxonMobil | $156.80 | +0.08% | $649.44B | 20.2 | 13.2 | 1.8 | +46.0% |
| Braskem (ADR) | $1.64 | −1.80% | $669.5M | — | — | — | +29.6% |
| TotalEnergies | $86.31 | −0.05% | $192.30B | 10.9 | 8.4 | 1.0 | +26.2% |
| Avient | $44.67 | −0.02% | $4.10B | 24.1 | 13.7 | 1.2 | +5.8% |
| Median | 20.2 | 10.8 | 1.1 | +26.2% |