PureCycle Technologies (NASDAQ:PCT) Announces Earnings Results, Beats Estimates By $0.05 EPS

PureCycle Technologies (NASDAQ:PCT) released its earnings results on Wednesday. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.05, FiscalAI reports. PureCycle Technologies had a negative net margin of 2,185.10% and a negative return on equity of 204.74%. The firm had revenue of $4.13 million for the quarter, compared to analysts’ expectations of $3.83 million.

Here are the key takeaways from PureCycle Technologies’ conference call:

• PureCycle reported accelerating commercial traction with $4.1 million in Q1 revenue (fifth consecutive quarter of sequential growth), Procter & Gamble approvals (Tide caps shipping in Q2; Vicks ZzzQuil later in 2026), eight new customer conversions including Plastic Ingenuity, and a pipeline of ~180 active opportunities.
• Operational momentum at Ironton continued: 8.4 million pounds of PureFive produced in Q1 (up 12% QoQ), ~10 million pounds of feedstock processed, and a full turnaround completed ahead of schedule and ~15% below budget while on-site compounding reached mechanical completion and is being commissioned.
• Macro and regulatory dynamics are tailwinds—virgin polypropylene and HDPE price jumps are improving co-product pricing, and tightening rules (California SB 54 and New Jersey recycled-content/food-contact deadlines) are creating urgent demand for a compliant domestic food-grade PCR supplier like PureCycle.
• Financials show near-term strain: Q1 net loss of $33.4 million and adjusted EBITDA of negative $30.9 million with total liquidity down to ~$131 million (from $182M), although the company has extended warrants (~$273M potential proceeds) and an undrawn $200M revolver as financing options.

PureCycle Technologies Price Performance

Shares of NASDAQ:PCT traded down $0.03 during trading hours on Wednesday, hitting $7.62. 3,578,259 shares of the company’s stock traded hands, compared to its average volume of 3,422,173. The company’s fifty day simple moving average is $6.29 and its two-hundred day simple moving average is $8.61. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -6.30 and a beta of 2.31. The company has a debt-to-equity ratio of 7.62, a quick ratio of 2.15 and a current ratio of 2.26. PureCycle Technologies has a 52 week low of $4.93 and a 52 week high of $17.37.

Institutional Trading of PureCycle Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in PCT. Integrated Wealth Concepts LLC boosted its holdings in PureCycle Technologies by 4.3% during the first quarter. Integrated Wealth Concepts LLC now owns 36,571 shares of the company’s stock worth $253,000 after buying an additional 1,516 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of PureCycle Technologies by 5.0% in the third quarter. Lido Advisors LLC now owns 32,824 shares of the company’s stock valued at $432,000 after buying an additional 1,574 shares in the last quarter. National Bank of Canada FI lifted its position in shares of PureCycle Technologies by 12.7% during the 3rd quarter. National Bank of Canada FI now owns 19,980 shares of the company’s stock valued at $263,000 after acquiring an additional 2,254 shares during the last quarter. Schroder Investment Management Group lifted its position in shares of PureCycle Technologies by 4.2% during the 3rd quarter. Schroder Investment Management Group now owns 61,005 shares of the company’s stock valued at $800,000 after acquiring an additional 2,463 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of PureCycle Technologies by 6,571.8% during the 3rd quarter. Larson Financial Group LLC now owns 2,602 shares of the company’s stock worth $34,000 after acquiring an additional 2,563 shares in the last quarter. 63.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PCT shares. Wall Street Zen upgraded shares of PureCycle Technologies from a “strong sell” rating to a “sell” rating in a report on Saturday. Cantor Fitzgerald cut their target price on PureCycle Technologies from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PureCycle Technologies in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, PureCycle Technologies has an average rating of “Moderate Buy” and an average target price of $13.00.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc operates as a recycling technology company focused on restoring waste polypropylene to a “virgin-like” state through a proprietary purification process licensed from Procter & Gamble. The company develops, owns and operates recycling facilities that convert used polypropylene feedstock—such as packaging and industrial plastics—into ultra?pure recycled resin. This resin, known as Qualified Recycled Polymer (QRP), is designed to meet stringent quality specifications for applications in packaging, consumer goods and industrial products.

Headquartered in Orlando, Florida, PureCycle was established with technology development efforts dating back to licensing agreements in the mid-2010s and later spun off as a publicly traded entity in 2021.