Financial health
- Operating income covered interest expense -2.8× in the latest year.
- The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
PCT Financials Purecycle Technologies, Inc.
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $8M | -$183M | 0.0% | -2171.6% | -397.9% | -19.8% | -$184M | — | $157M |
| 2024 | $0 | -$289M | — | — | -160.2% | -36.2% | -$200M | — | $16M |
| 2023 | $0 | -$102M | — | — | -24.2% | -9.8% | -$249M | — | $73M |
| 2022 | — | -$85M | — | — | -16.6% | -9.8% | -$353M | $250M | $64M |
| 2021 | — | -$78M | — | — | -20.3% | -11.7% | -$192M | $250M | $33M |
| 2020 | — | -$53M | — | — | -47.4% | -13.0% | -$48M | — | $64M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $5M | -$142M | 0.0% | -916.1% | -917.4% | -14.2% | -$82M | — | $165M |
| Mar '26 | $4M | -$33M | 0.0% | -1012.7% | -450.4% | -3.8% | -$46M | — | $90M |
| Dec '25 | $3M | -$19M | 0.0% | -2196.1% | -40.9% | -2.0% | -$42M | — | $157M |
| Sep '25 | $2M | -$28M | 0.0% | -1602.2% | -41.6% | -2.9% | -$42M | — | $234M |
| Jun '25 | $2M | -$144M | 0.0% | -2763.5% | -145.9% | -13.8% | -$45M | — | $284M |
| Mar '25 | $2M | $9M | 0.0% | -2387.4% | 3.7% | 1.1% | -$54M | — | $22M |
| Dec '24 | $0 | -$65M | — | — | -35.8% | -8.1% | -$53M | — | $16M |
| Sep '24 | $0 | -$91M | — | — | -37.5% | -11.5% | -$43M | — | $84M |
| Jun '24 | $0 | -$48M | — | — | -16.5% | -6.7% | -$51M | — | $11M |
| Mar '24 | $0 | -$86M | — | — | -25.4% | -11.7% | -$54M | — | $25M |
| Dec '23 | — | -$29M | — | — | -6.9% | -2.8% | -$45M | — | $73M |
| Sep '23 | — | $9M | — | — | 1.9% | 0.8% | -$39M | — | $199M |
| Jun '23 | — | -$55M | — | — | -12.7% | -6.2% | -$103M | — | $29M |
| Mar '23 | — | -$26M | — | — | -5.3% | -3.0% | -$61M | $234M | $38M |
| Dec '22 | — | -$9M | — | — | -1.8% | -1.1% | -$90M | $250M | $64M |
| Sep '22 | — | -$35M | — | — | -6.7% | -3.9% | -$100M | — | $56M |
| Jun '22 | — | -$15M | — | — | -2.7% | -1.7% | — | — | $118M |
| Mar '22 | — | -$25M | — | — | -4.5% | -2.8% | — | — | $198M |
| Dec '21 | — | -$19M | — | — | -5.1% | -2.9% | — | $250M | $33M |
| Sep '21 | — | -$21M | — | — | -6.4% | -3.0% | — | — | $37M |
Valuation over time
How the market has priced PCT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 206.8× (Dec '25) to 151.9× (Sep '26).
P/S
Frequently asked questions
Is PCT growing its revenue and profit?
See the revenue and net-income charts above for Purecycle Technologies, Inc.'s multi-year trend.
How much debt does PCT have?
As of FY2025, Purecycle Technologies, Inc. reported — of total debt against $157M of cash; operating income covered interest expense -2.8×.
What is PCT's profit margin?
In FY2025, gross margin was —, operating margin -2171.6%, and net margin -2185.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.