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AI brief of an SEC Form 8-K · PureCycle Technologies, Inc. (PCT)

PureCycle Q2 2026 revenue rose to $4.5 million; net loss narrowed to $142.2 million

Positive Impact 3 of 5 earnings Written later

PureCycle Technologies reported second-quarter 2026 revenue of $4.5 million, up from $1.7 million a year earlier, and a net loss of $142.2 million versus $144.2 million in Q2 2025. The company also raised its 2026 project spend expectation to $45 to $50 million and said total liquidity was $236.9 million at quarter-end after June's convertible notes and common stock offerings.

Key points

  • Q2 2026 revenue was $4.5 million, compared with $1.7 million in Q2 2025; the filing says this is up approximately 173% year over year.
  • Operating loss narrowed to $41.3 million from $45.6 million, while Adjusted EBITDA was $(31.7) million versus $(27.8) million, which the company attributed to lower non-cash add-backs.
  • Fiscal 2026 project spend expectation was raised to $45 to $50 million from $39 to $45 million.
  • Total liquidity was $236.9 million at June 30, 2026, versus $131 million at the end of Q1 2026, driven by the June concurrent offerings.

The filing

CompanyPureCycle Technologies, Inc. (PCT)
Form8-K, current report
Filed with the SECAug 6, 2026, 4:05 PM ET
Accession number0001830033-26-000025

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.