PureCycle Tech - CW26 | 8-K: FY2025 Q3 Revenue: USD 2.4 M

LB filings
2025.11.06 21:37
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Revenue: As of FY2025 Q3, the actual value is USD 2.4 M.

Segment Revenue

  • PureCycle Technologies reported recognized revenue of approximately $2.4 million for the third quarter of 2025.

Operational Metrics

  • The Ironton Facility produced a record 7.2 million pounds of pellets during the third quarter, nearly matching the production for the first half of 2025.
  • A monthly record of 3.3 million pounds of PureFive™ resin was produced in September.
  • Denver successfully ramped to a second shift, with plans for a third shift in Q4.

Cash Flow

  • Unrestricted cash decreased from $284.1 million on June 30, 2025, to $234.4 million on September 30, 2025, a change of - $49.7 million.
  • Restricted cash decreased from $13.9 million to $12.9 million, a change of - $1.0 million.

Unique Metrics

  • PureCycle finalized the development of the PureFive™ product portfolio, enabling commercialization of the Ironton Facility for applications such as food-grade flexible film, thermoforming, injection molding, and textiles.
  • Earned APR Recycled Content Certification and received REACH Certification, allowing PureFive™ sales into Europe.
  • European Innovation Fund proposal accepted, with a signing of up to €40 million Grant Agreement expected by end of Q1 2026.

Outlook / Guidance

  • PureCycle expects to complete the installation of the Ironton compounding operations by the end of the year, which will enable the production of approximately 100 million annual pounds of single-pellet solutions.
  • The company anticipates shipping PureFive™ resin for a top five global quick service restaurant in the fourth quarter of 2025.
  • Progress continues with The Procter & Gamble Company on applications including caps for detergent bottles, with shipments planned for the fourth quarter and expected to appear on store shelves in early 2026.
  • PureCycle plans to continue executing its business plan, with expected commercial sales and updates in Q4.
  • The company is progressing with multinationals on long-term, multi-site global supply contracts.
  • PCT aims to bring an additional one billion pounds of installed polypropylene recycling capability online before 2030.
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