PureCycle Technologies reported second quarter 2026 results, marking the start of first commercial resin deliveries to Procter & Gamble for select Downy detergent caps now in commercial production. Revenue reached $4.5 million, up approximately 173% year-over-year and a sixth consecutive quarter of sequential growth. The New Jersey Department of Environmental Protection approved PureFive resin as post-consumer recycled content, and on-site compounding is now operating, enabling delivery of customer-specific product grades. The company also shipped initial PureFive resin to all three major converters for quick-service restaurant cold cup trials. Total liquidity stood at $236.9 million at quarter-end, strengthened by a June concurrent offering of convertible senior notes and common stock.
Purecycle Technologies Holdings CorpFirst commercial resin deliveries to P&G and shipments to converters for trials indicate product adoption.
Procter & Gamble CompanyP&G is receiving commercial resin deliveries for Downy caps, indicating supply for its product.
