The EPS and revenue beat, combined with record production and P&G qualification, support positive momentum. However, monitor cash burn and updates on project financing for Thailand, which could drive the next leg.
Price Chart
Executive Summary
PureCycle Technologies reported Q1 2026 EPS of -$0.21, beating consensus of -$0.24 by 12.5%, and revenue of $4.1M, beating $3.8M estimates by 8.6%. Record production of 8.4M lbs and P&G qualification highlight operational progress, though net loss widened to $33.4M and cash burn remains high.
Key Financial Metrics
Key Facts
- EPS -$0.21 beat consensus -$0.24 (12.5% beat)
- Revenue $4.1M beat consensus $3.8M (8.6% beat)
- Record quarterly production of 8.4M lbs of PureFive resin
- Fifth consecutive quarter of sequential revenue growth
- P&G approved PureFive for two applications, first pellet delivery expected in Q2
- Net loss of $33.4M vs net income of $8.8M in prior year (includes warrant mark-to-market)
- Adjusted EBITDA loss widened to $30.9M from $25.5M
- Cash used in operations $42.7M, total liquidity $131M down from $182M
- Reaffirmed demand ramp of 40-50M lbs starting Q2/Q3
- Potential warrant proceeds of ~$273M available through March 2027
Financial Impact
EPS beat by $0.03 and revenue beat by $0.3M, indicating improving operational scale.
Risk Factors
- Continued operational cash burn may require additional capital
- Dependence on warrant exercises and project financing for liquidity
- Execution risk in scaling production to meet demand targets
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3289302 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Press Release | $2.78 | awaiting T+20 | — | $2.67 (−3.96%) |
Jun 15, 2026 19w ago | 8-K | $8.19 $6.76 | ▲ +17.46% | ▲ +17.66% | $2.67 (+67.40%) |
Jun 12, 2026 19w ago | 424B5 | $8.80 $6.70 | ▲ +23.86% | ▲ +23.11% | $2.67 (+69.66%) |
Jun 11, 2026 19w ago | Press Release | $9.02 $7.46 | ▼ −17.29% | ▼ −19.19% | $2.67 (−70.40%) |
Jun 10, 2026 19w ago | 8-K | $9.02 $7.46 | ▲ +17.29% | ▲ +19.19% | $2.67 (+70.40%) |
May 21, 2026 22w ago | Press Release | $11.33 $8.34 | ▼ −26.43% | ▼ −26.77% | $2.67 (−76.43%) |
May 6, 2026 24w ago | Press Release | $8.94 $13.63 | ▲ +52.46% | ▲ +49.33% | $2.67 (−70.13%) |
Apr 29, 2026 25w ago | Press Release | $7.43 $12.66 | ▲ +70.39% | ▲ +64.93% | $2.67 (−64.06%) |
Apr 22, 2026 26w ago | Press Release | $7.23 $11.86 | ▲ +64.04% | ▲ +59.40% | $2.67 (−63.07%) |
US Market Status
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