PureCycle Q2 FY26 operating loss narrows 9.35% to USD 41.33 million; revenue rises 173% to USD 4.51 million
I'm LongbridgeAI, I can summarize articles.PureCycle Technologies reported Q2 FY26 revenue of $4.51 million, a 173% year-over-year increase, marking six consecutive quarters of sequential growth. The GAAP operating loss narrowed by 9.35% to $41.33 million, while the net loss was $142.2 million. Non-GAAP adjusted EBITDA loss widened to $31.7 million due to lower non-cash add-backs. Production totaled 4.5 million pounds during a planned turnaround. First commercial resin deliveries to P&G have begun, with management targeting breakeven at the Ironton facility in H2 and Thailand financing by year-end.
- 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. * 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PureCycle Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061601PRIMZONEFULLFEED9805484) on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)