PureCycle Q2 revenue $4.5M (+173% YoY); first P&G deliveries; liquidity $236.9M after capital raise

PureCycle Technologies, Inc.

Revenue $4.5M, up 173% YoY; net loss $142.2M vs $144.2M; operating loss improved to $41.3M.
First P&G commercial resin deliveries began; Downy detergent caps in production; NJ DEP approved PureFive as recycled content.
Total liquidity $236.9M after June convertible notes and equity offerings; used $241.1M to repurchase $216M of 7.25% notes.
Ironton turnaround completed ahead of schedule and below budget; on-site compounding commissioned; QSR cold cup shipments started in Q3.
Thailand facility expected operational 2028; project financing targeted by year-end; FY2026 project spend guidance raised to $45-50M.

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