PureCycle Q2 FY26 operating loss narrows 9.35% to USD 41.33 million; revenue rises 173% to USD 4.51 million
PCT•Production, customer deliveries and outlook
PureFive production totaled 4.5 million pounds, down as previously communicated for a planned turnaround; on-site compounding ran about 2 million pounds.
First P&G commercial resin deliveries began. Management reiterated an Ironton breakeven goal for the second half, with Thailand financing targeted by year-end.
Q2 results show higher revenue and narrower operating loss
PureCycle Technologies posted Q2 revenue of USD 4.5 million, up about 173% year over year, marking a sixth straight quarter of sequential growth.
GAAP net loss narrowed to USD 142.2 million; GAAP operating loss improved to USD 41.3 million.
Non-GAAP adjusted EBITDA loss widened to USD 31.7 million, reflecting lower non-cash add-backs year over year.
