PureCycle Technologies (PCT) Q3 FY2026 earnings: revenue $2 million, down 3.3% on the year
PureCycle Technologies, Inc. (PCT) reported revenue of $2 million for Q3 FY2026, the quarter ended 30 September 2026, down 3.3% on the same quarter a year earlier. Net income was $7 million, and diluted earnings per share $0.00. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$2 million
-3.3% on the year · -47.9% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-1594.7%
-1602.2% a year earlier
Q4 FY2024Q3 FY2026
Net income
$7 million
Q4 FY2024Q3 FY2026
Diluted EPS
$0.00
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 5 new, 1 kept.
Revenue lower than second quarter: Revenue was $2.3 million, compared with $4.5 million in the second quarter and $2.4 million a year earlier. Management attributed the result to operational issues and New Jersey delays.
Net income reflects warrant gain: Net income of $6.9 million included a $58.6 million non-cash gain from the change in fair value of warrants.
Food-contact programs pushed into 2027: About 15 food-contact programs moved into 2027 and in many cases beyond, following the New Jersey exemption extension.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-32.3
-50.0
-38.5
Capital expenditure
6.9
31.7
3.9
-78.4%
+76.2%
Free cash flow
-39.1
-81.8
-42.4
Free cash flow margin
-1666.4%
-1812.4%
-1743.1%
Cash from investing
-18.6
-60.4
-3.9
Cash from financing
-4.8
188
-8.3
Depreciation
7.5
7.4
7.3
+1.2%
+2.6%
Share-based compensation
2.1
2.0
2.9
+7.2%
-27.6%
Buybacks
0.3
0.3
1.7
-5.4%
-83.8%
Diluted shares, weighted
201m
184m
185m
+9.2%
+9.0%
Shares outstanding at period end
201m
201m
180m
+0.0%
+11.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
18.5
15.5
68.2
+19.3%
-72.9%
Redeemable equity
321
316
299
+1.8%
+7.3%
Debt
n/a
n/a
379
Operating lease liabilities
62.4
63.5
53.1
-1.8%
+17.6%
Other liabilities
554
608
189
-8.8%
+192.6%
Total liabilities and equity
956
1,003
989
-4.6%
-3.3%
Fixed assets
662
664
656
-0.2%
+0.9%
Investments
71.4
59.6
n/a
+19.8%
Cash and equivalents
109
165
234
-34.0%
-53.5%
Receivables
4.1
5.8
1.6
-28.7%
+159.6%
Inventory
20.2
18.3
10.7
+10.6%
+88.5%
Other assets
89.7
90.1
86.5
-0.5%
+3.7%
Total assets
956
1,003
989
-4.6%
-3.3%
Questions
What was PureCycle Technologies' revenue in Q3 FY2026?
PureCycle Technologies (PCT) reported revenue of $2 million for Q3 FY2026, the quarter ended 30 September 2026, down 3.3% on the same quarter a year earlier.
How much did PureCycle Technologies earn in Q3 FY2026?
Net income for Q3 FY2026 was $7 million, and diluted earnings per share $0.00.
When did PureCycle Technologies report Q3 FY2026 results?
PureCycle Technologies filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.