PureCycle Technologies, Inc. (PCT) Stock

PureCycle Technologies, Inc. (PCT) is a Materials stock trading at $6.79 (as of 2026-08-21), with a market capitalization of $1.36B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

PureCycle Technologies, Inc. focuses on producing recycled polypropylene by processing post-consumer plastic feedstock through a licensed purification approach. The company separates color, odor, and other contaminants to convert waste PP into resin intended for use as a virgin-like material.

Understand PureCycle Technologies, Inc.: how it makes money

PureCycle Technologies produces recycled polypropylene (PP), using a licensed process to convert waste PP into ultra-pure, virgin-like recycled resin by separating color, odor, and other contaminants, and it generates revenue from its recycled resin business.

The profit model depends on turning waste PP into ultra-pure recycled resin consistently, because the core value comes from achieving virgin-like purity after removing contaminants using its licensed separation process.

Business quality (Weak): The provided financial snapshot for 2026-03-31 shows revenue of 0.0B and gross margin is not available, and there is no clean official segment breakdown provided, but the operating margin is extremely negative, indicating material operating losses.

Bull case

  • Licensed ultra-pure purification approach: PureCycle holds a license for restoring waste PP into ultra-pure recycled resin, using its process to separate color, odor, and other contaminants.
  • Potential monetization pathway tied to bond activity: The company has disclosed figures labeled as Revenue Bonds Held (Anticipated to Sell in 2025) and Revenue Bond Sales Proceeds, which suggests funding or liquidity activity linked to revenue bonds.

Bear case

  • Heavy operating losses in the latest quarter: For the period ending 2026-03-31, operating_margin_pct is -1012.7, with revenue_b shown as 0.0B, and gross_margin_pct is unavailable in the provided data.
  • Unclear operating scalability from the provided snapshot: Because the latest-quarter revenue is shown as 0.0B and no segment-level operating metrics are provided, it is difficult to validate commercial scale from the provided facts.
Valuation — source: SEC EDGAR (first-party)
Price$6.79
Market Cap$1.36B
Price / Book88.00
Price / Sales89.77
FCF Yield-26.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.36M
Net Margin-2185.1%
Revenue Growth (YoY)60.9%
EPS Growth (YoY)-38.3%
FCF Growth (YoY)-8.4%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.90 (distress)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Chemicals)31.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSYLEBRA CAPITAL LLC ($176.86M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryChemicals
CEODustin Olson
Employees157
CountryUS
IPO Date2020-07-14

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PCT earnings history · PCT institutional & insider holders · PCT KPIs & operating metrics · PCT financials · PCT investor presentations & press releases · PCT SEC filings · PCT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.