Purecycle Technologies, Inc. income statement
In fiscal 2025, Purecycle Technologies, Inc. reported revenue of $8.4m, operating income of −$181m (a -2171.6% margin) and net income of −$183m, or −$1.21 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 8 | 14 |
| Research and development | 7 | 6 | 6 | 6 |
| Selling, general and administrative | 55 | 53 | 59 | 52 |
| Operating income | −114 | −145 | −181 | −181 |
| Interest expense | 31 | 57 | 64 | 63 |
| Income before tax | −101 | −289 | −182 | — |
| Income tax | 1 | −0 | 1 | 1 |
| Net income | −102 | −289 | −183 | −223 |
| Diluted EPS | −$0.63 | −$1.75 | −$1.21 | −$1.22 |
| Diluted shares (average) | 164m | 165m | 180m | 182m |
| EBITDA | −98 | −114 | −152 | −152 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 5 |
| Research and development | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 1 |
| Selling, general and administrative | 13 | 8 | 14 | 16 | 10 | 19 | 13 | 10 |
| Operating income | −31 | −35 | −38 | −46 | −39 | −59 | −42 | −41 |
| Interest expense | 15 | 15 | 15 | 18 | 16 | 16 | 15 | 15 |
| Income before tax | −91 | −65 | — | — | — | — | — | — |
| Income tax | 0 | −0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net income | −91 | −65 | 9 | −144 | −28 | −19 | −33 | −142 |
| Diluted EPS | −$0.54 | −$0.39 | $0.05 | −$0.81 | −$0.31 | −$0.14 | −$0.21 | −$0.80 |
| EBITDA | −24 | −28 | −30 | −38 | −32 | −52 | −34 | −34 |
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