PureCycle Technologies — Third Quarter 2026 Earnings Summary

PureCycle Technologies reported third-quarter 2026 revenue of $2.3 million, a decline driven by operational issues at its Ironton facility and delays in New Jersey food-contact exemptions. The company produced 5.2 million pounds of PureFive resin, a 14% increase from the previous quarter, with production now aligned with commercial demand. Branded programs including Procter & Gamble products and shipments to a global cosmetics company are advancing, with total expected annual volume from qualified programs reaching 45-55 million pounds at full ramp. Financially, the company posted a net income of $6.9 million due to a non-cash gain on warrant valuation, while maintaining $193 million in cash liquidity and a $200 million undrawn credit facility.