--- title: "PureCycle Tech | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 4.127 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285429858.md" datetime: "2026-05-06T20:12:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285429858.md) - [en](https://longbridge.com/en/news/285429858.md) - [zh-HK](https://longbridge.com/zh-HK/news/285429858.md) --- # PureCycle Tech | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 4.127 M Revenue: As of FY2026 Q1, the actual value is USD 4.127 M, beating the estimate of USD 3.832 M. EPS: As of FY2026 Q1, the actual value is USD -0.21, beating the estimate of USD -0.2517. EBIT: As of FY2026 Q1, the actual value is USD -27.8 M. #### Revenue PureCycle Technologies, Inc.’s revenue for Q1 2026 was $4.1 million, compared to $1.6 million in Q1 2025, marking the fifth consecutive quarter of sequential revenue growth . #### Net Income/Loss Net loss for Q1 2026 was - $33.4 million, compared to a net income of $8.8 million in Q1 2025 . #### Operating Loss Operating loss for Q1 2026 was - $41.795 million, compared to - $37.721 million in Q1 2025 . #### Operating Costs and Expenses Total operating costs and expenses were $45.922 million in Q1 2026, up from $39.301 million in Q1 2025 . This includes: Cost of operations: $31.394 million in Q1 2026, compared to $24.002 million in Q1 2025 . Research and development: $1.555 million in Q1 2026, compared to $1.552 million in Q1 2025 . Selling, general and administrative: $12.973 million in Q1 2026, compared to $13.747 million in Q1 2025 . #### Adjusted EBITDA Adjusted EBITDA for Q1 2026 was - $30.9 million, compared to - $25.5 million in Q1 2025, primarily due to higher production-related costs from the continued ramp-up in production during 2026 . #### Cash and Liquidity PureCycle Technologies, Inc. ended Q1 2026 with total liquidity of $131 million, which included approximately $90 million in cash and cash equivalents, approximately $31 million in marketable securities, and approximately $10 million in restricted cash . This represents a decrease from approximately $182 million in total liquidity at the end of Q4 2025 . Cash and cash equivalents at the end of Q1 2026 were $90.213 million, down from $156.694 million at the end of Q4 2025 . #### Operating Cash Flow Net cash used in operating activities for Q1 2026 was - $42.654 million, compared to - $38.868 million in Q1 2025 . #### Project Spend First quarter project spend totaled approximately $14 million, which was below the $19–20 million quarterly expectations due to timing . #### Operational Metrics PureCycle Technologies, Inc. reported a record quarter for production, with 8.4 million pounds of PureFive® Production in Q1 2026, up from 4.3 million pounds in Q1 2025 . Total feedstock processed was approximately 10 million pounds, also a new quarterly record . The Ironton Facility turnaround was completed ahead of schedule and below budget, incorporating improvements for higher reliability, production rates, and product quality . PureFive® resin passed qualification for two Procter & Gamble (P&G) applications, with the first pellet delivery slated for Q2 and the second expected to ship in 2H 2026 . #### Outlook / Guidance PureCycle Technologies, Inc. reaffirms demand expectations of 40-50 million pounds beginning to ramp in Q2/Q3 2026, and 20-25 million pounds beginning to ramp in Q3/Q4 2026 . The Thailand Facility is expected to achieve mechanical completion by the end of 2027 with groundbreaking anticipated in the second half of 2026, while the Belgium Facility anticipates permits near year-end 2026 and construction in Q1 2027 . Fiscal year 2026 project spend expectations remain unchanged at $39–45 million, with potential for $273 million in warrant proceeds and $75 million in revenue bonds, alongside an undrawn $200 million revolving credit facility . ### Related Stocks - [PCT.US](https://longbridge.com/en/quote/PCT.US.md) ## Related News & Research - [Northland Securities Reaffirms Their Buy Rating on PureCycle Technologies (PCT)](https://longbridge.com/en/news/286592919.md) - [Jim Cramer Flags Industrial Company With 'Almost No Revenue,' Says No To Rocket Companies](https://longbridge.com/en/news/286767298.md) - [Apollo Clarifies Legal Status of Recent 8-K Disclosure](https://longbridge.com/en/news/286564452.md) - [Capital City Bank Group posts Q1 2026 investor presentation on website](https://longbridge.com/en/news/286599786.md) - [Northland Securities Sticks to Its Buy Rating for PureCycle Technologies (PCT)](https://longbridge.com/en/news/285590649.md)