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PureCycle Technologies, Inc.
Plastic materials company that raised $340 million in 2024 (SEC Form D). Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development9¢$5.9M
- Selling, general and admin90¢$59.5M
- Income tax1¢$970.0K
Out of $8.4M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $03 | $03 | $8.4M3 | ||||
| Research and development | $648.0K4 | $3.7M5 | $4.3M6 | $6.6M3 | $6.5M3 | $5.9M3 | |
| Selling, general and admin | $28.0M4 | $57.6M5 | $53.2M6 | $55.3M3 | $53.1M3 | $59.5M3 | |
| Operating expenses | $69.6M5 | $81.3M6 | $113.9M3 | $145.4M3 | $189.8M3 | ||
| Operating income | -$113.9M3 | -$145.4M3 | -$181.4M3 | ||||
| Interest | $4.1M9 | $7.5M5 | $2.3M5 | $31.4M5 | |||
| Income before tax | -$77.5M5 | -$84.7M6 | -$101.1M3 | -$289.2M3 | -$181.6M3 | ||
| Income tax | $04 | $05 | $06 | $650.0K3 | -$79.0K3 | $970.0K3 | |
| Net income | -$53.0M4 | -$77.5M5 | -$84.7M6 | -$101.7M3 | -$289.1M3 | -$182.6M3 | |
| Earnings per share | -$1.964 | -$0.755 | -$0.546 | -$0.623 | -$1.753 | -$1.083 | |
| Earnings per share (diluted) | -$1.964 | -$0.795 | -$0.556 | -$0.633 | -$1.753 | -$1.213 | |
| Shares (weighted, basic) | 102.9M shares5 | 156.0M shares6 | 163.9M shares3 | 165.4M shares3 | 179.3M shares3 | ||
| Shares (weighted, diluted) | 103.0M shares5 | 156.2M shares6 | 164.0M shares3 | 165.4M shares3 | 180.4M shares3 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $150.0K4 | $64.5M9 | $33.4M5 | $63.9M6 | $73.4M3 | $15.7M3 | $156.7M3 |
| Receivables | $03 | $2.0M3 | |||||
| Inventory | $4.8M6 | $8.1M3 | $9.4M3 | ||||
| Current assets | $64.9M9 | $345.3M4 | $236.2M5 | $162.6M6 | $53.9M3 | $198.0M3 | |
| Property, plant and equipment | $225.2M4 | $505.7M5 | $638.7M6 | $674.1M3 | $657.8M3 | ||
| Total assets | $408.0M9 | $664.7M4 | $861.3M5 | $1.0B6 | $798.4M3 | $922.7M3 | |
| Accounts payable | $1.4M4 | $1.7M5 | $2.9M6 | $6.6M3 | $9.2M3 | ||
| Short-term debt | $05 | $9.1M6 | $12.9M6 | ||||
| Current liabilities | $33.1M9 | $38.5M4 | $38.3M5 | $55.6M6 | $90.9M3 | $87.6M3 | |
| Long-term debt | $232.5M4 | $233.5M4 | |||||
| Total liabilities | $296.2M9 | $283.1M4 | $350.5M5 | $619.1M6 | $617.9M3 | $572.1M3 | |
| Retained earnings | -$157.8M4 | -$242.5M5 | -$344.2M6 | -$633.4M3 | -$815.9M3 | ||
| Shareholders’ equity | $2.4M4 | $111.7M5 | $381.5M6 | $510.9M3 | $420.2M3 | $180.4M3 | $45.9M3 |
| Shares outstanding | 0 shares9 | 127.6M shares4 | 163.6M shares5 | 164.3M shares6 | 173.6M shares3 | 180.3M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$18.0M4 | -$54.5M5 | -$65.5M6 | -$94.9M3 | -$144.8M3 | -$142.7M3 | |
| Stock-based compensation | $22.6M5 | $10.8M6 | $11.8M3 | $11.7M3 | $14.9M3 | ||
| Capital spending | $29.8M4 | $137.4M5 | $287.2M6 | $153.9M3 | $55.6M3 | $40.8M3 | |
| Free cash flow | -$47.8M | -$191.9M | -$352.7M | -$248.8M | -$200.4M | -$183.6M | |
| Cash from investing | -$305.6M5 | -$218.4M6 | -$102.1M3 | -$7.0M3 | -$54.5M3 | ||
| Share buybacks | $04 | $1.7M5 | $1.6M6 | $1.4M3 | $1.6M3 | $4.9M3 | |
| Cash from financing | $293.4M5 | $247.5M6 | $272.0M3 | -$109.2M3 | $323.7M3 |
Leadership
Who has led PureCycle Technologies, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDustin Olson Aug 8, 2022 to now10
- Chief executive officerMichael Otworth Mar 17, 2021 to Jul 11, 202211
- ChairDaniel M. Coombs Aug 8, 2022 to May 9, 202412
- ChairMichael Otworth Mar 17, 2021 to Jul 11, 202211
- Chief financial officerJeffrey Richard Fieler Jan 3, 2024 to Feb 1, 202413
- Chief financial officerJaime Vasquez Feb 28, 2024 to now14
- Chief financial officerMichael E. Dee Mar 17, 2021 to Sep 21, 202115
- Chief financial officerLawrence C. Somma Nov 18, 2021 to Nov 17, 202316
- Chief operating officerDustin Olson Mar 17, 2022 to Jul 12, 202217
Board members and other officers (18)
- Corp. Controller and CAOGregory L. Barta Dec 17, 2024 to now18
- Gen. Counsel & Corp. SecretaryBrad Kalter Mar 17, 2021 to Mar 17, 202119
- Chief Commercial OfficerDavid Warner Brenner Mar 17, 2021 to Mar 22, 202220
- Chief Manufacturing OfficerDustin Olson Mar 17, 2021 to Mar 4, 202221
- Corporate ControllerMelissa Westerman Mar 17, 2021 to Jul 9, 202422
- Board memberValerie Anne Mars Jan 26, 2026 to now23
- Board memberDaniel Patrick Gibson May 12, 2025 to now24
- Board memberSiri Jirapongphan Nov 6, 2025 to now25
- Board memberSteven F. Bouck Mar 28, 2022 to now26
- Board memberAllen Jacoby Apr 13, 2022 to now27
- Board memberDaniel M. Coombs Jun 2, 2022 to now28
- Board memberDustin Olson Aug 8, 2022 to now10
- Board memberFernando Musa Mar 17, 2021 to now29
- Board memberJeffrey Richard Fieler Mar 17, 2021 to now30
- Board memberRichard K. Brenner Mar 17, 2021 to Aug 13, 202131
- Board memberTanya Burnell Mar 17, 2021 to now32
- Board memberTimothy Glockner Mar 17, 2021 to May 12, 202233
- General counselBrad Kalter Jul 12, 2021 to now34
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
- Roth CH Acquisition I Co. Parent Corp.Nov 20, 2020 to Mar 17, 20212
Timeline
Filings
417 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 93 major events, 193 insider forms, 25 large holders, 3 private raises, 83 other. The latest 20:
- Sep 25, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Aug 31, 20268-K EDGAR
- Aug 25, 20264 EDGAR
- Aug 7, 20264 EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 23, 20263/A EDGAR
- Jul 23, 20264/A EDGAR
- Jul 23, 20264 EDGAR
- Jul 23, 20263/A EDGAR
- Jun 16, 20264 PRIMARY DOCUMENT EDGAR
- Jun 15, 20268-K EDGAR
- Jun 12, 2026424B5 EDGAR
- Jun 12, 2026424B5 EDGAR
- Jun 12, 2026SCHEDULE 13D/A EDGAR
- Jun 11, 2026FWP EDGAR
- Jun 11, 20268-K EDGAR
- Jun 10, 2026424B5 EDGAR
- Jun 10, 2026424B5 EDGAR
The 417 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
31 open-market trades by officers, directors and large owners since October 2021: 17 buys and 14 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Musa FernandoDirector | Buy | 15,479 | $6.38 | $98.8K | Form 4 |
| May 12, 2026 | SYLEBRA CAPITAL LLCDirector | Buy | 16,622 | Form 4 | ||
| Feb 6, 2025 | SYLEBRA CAPITAL LLCDirector | Buy | 619,925 | $8.06 | $5.0M | Form 4 |
| Sep 13, 2024 | SYLEBRA CAPITAL LLCDirector | Buy | 4,264,393 | $4.69 | $20.0M | Form 4 |
| Mar 8, 2024 | Musa FernandoDirector | Buy | 18,303 | $5.46 | $99.9K | Form 4 |
| Mar 8, 2024 | Musa FernandoDirector | Buy | 18,303 | $5.46 | $99.9K | Form 4 |
| Nov 16, 2023 | Somma Lawrence CChief Financial Officer | Buy | 12,510 | $3.99 | $49.9K | Form 4 |
| Nov 16, 2023 | BOUCK STEVEN FDirector | Buy | 8,000 | $3.90 | $31.2K | Form 4 |
| Nov 14, 2023 | Musa FernandoDirector | Buy | 25,779 | $3.88 | $100.0K | Form 4 |
| Nov 14, 2023 | Coombs Daniel MDirector | Buy | 30,000 | $3.95 | $118.5K | Form 4 |
| Nov 10, 2023 | Olson DustinChief Executive Officer | Buy | 68,190 | $3.22 | $219.6K | Form 4 |
| Nov 10, 2023 | Kalter BradGeneral Counsel, CCO & Scty. | Buy | 5,000 | $3.23 | $16.1K | Form 4 |
| Dec 4, 2022 | Olson DustinChief Executive Officer | Sale | 1,174 | $6.51 | $7.6K | Form 4 |
| Jul 20, 2022 | Scott John StewartDirector | Sale | 72,716 | $7.42 | $539.6K | Form 4 |
| Jul 19, 2022 | Scott John StewartDirector | Sale | 73,546 | $7.17 | $527.3K | Form 4 |
| Jul 18, 2022 | Scott John StewartDirector | Sale | 26,926 | $7.04 | $189.6K | Form 4 |
| Jul 15, 2022 | Scott John StewartDirector | Sale | 8,800 | $7.04 | $62.0K | Form 4 |
| Jul 14, 2022 | Scott John StewartDirector | Sale | 712 | $7.00 | $5.0K | Form 4 |
| Jul 11, 2022 | Scott John StewartDirector | Sale | 1,300 | $7.01 | $9.1K | Form 4 |
| Jul 7, 2022 | Scott John StewartDirector | Sale | 23,955 | $7.18 | $172.0K | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SYLEBRA CAPITAL LLCSCHEDULE 13D/A, 3 filings Sep 17, 2024 to Jun 12, 202637
- SAMLYN CAPITAL, LLCSCHEDULE 13G/A, 7 filings Feb 14, 2023 to May 15, 202638
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202639
- LONGVIEW ASSET MANAGEMENT, LLCSCHEDULE 13D, 1 filing Jul 8, 202540
- Pure Crown LLCSCHEDULE 13G/A, 3 filings Feb 10, 2022 to Jul 8, 202541
- SK Geo Centric Co., Ltd.SCHEDULE 13G/A, 2 filings Jul 19, 2022 to Jan 6, 202542
- Sylebra Capital LtdSC 13D/A, 3 filings Feb 11, 2022 to Aug 29, 202343
- Atalan Capital Partners, LPSC 13G/A, 1 filing Feb 14, 202244
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Sylebra Capital LLC | 34,077,574 | $276.4M | 29.3% | No change |
| Abundance Wealth Counselors | 25,312,529 | $205.3M | 13.3% | +16,776,002 |
| BlackRock, Inc. | 11,102,761 | $90.0M | 0.0% | +1,378,941 |
| Longview Asset Management, LLC | 9,716,394 | $78.8M | 0.8% | No change |
| Vanguard Portfolio Management LLC | 7,936,333 | $64.4M | 0.0% | +921,873 |
| Vanguard Capital Management LLC | 7,513,543 | $60.9M | 0.0% | +548,078 |
| Alyeska Investment Group, L.P. | 5,708,362 | $46.3M | 0.1% | New |
| Rokos Capital Management LLP | 4,927,873 | $40.0M | 0.5% | +3,479,089 |
| Shay Capital LLC | 4,641,331 | $37.6M | 4.2% | +772,216 |
| Geode Capital Management, LLC | 3,830,943 | $31.1M | 0.0% | +378,037 |
| Gladstone Institutional Advisory LLC | 3,598,437 | $29.2M | 0.9% | +285,934 |
| State Street Corp | 3,331,674 | $27.0M | 0.0% | +355,675 |
| Point72 Asset Management, L.P. | 3,283,039 | $26.6M | 0.0% | +1,283,315 |
| Simplify Asset Management Inc. | 3,048,190 | $24.7M | 0.3% | +1,277,412 |
| Susquehanna International Group, Llp | 2,650,847 | $21.5M | 0.0% | +1,297,855 |
| Samlyn Capital, LLC | 2,534,988 | $20.6M | 0.3% | −4,718 |
| Morgan Stanley | 2,345,268 | $19.0M | 0.0% | −511,856 |
| PNC Financial Services Group, Inc. | 1,648,800 | $13.4M | 0.0% | +203,244 |
| Yaupon Capital Management LP | 1,566,684 | $12.7M | 0.4% | New |
| SWS Partners | 1,434,924 | $11.6M | 2.5% | +405,045 |
| Northern Trust Corp | 1,351,802 | $11.0M | 0.0% | +190,219 |
| UBS Group AG | 1,252,171 | $10.2M | 0.0% | +114,349 |
| Charles Schwab Investment Management Inc | 1,199,292 | $9.7M | 0.0% | +147,684 |
| NewEdge Advisors, LLC | 1,186,811 | $9.6M | 0.0% | +1,017,488 |
| Bank Of Montreal /can/ | 1,172,405 | $9.5M | 0.0% | +41,438 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARDaniel M. Coombs, Chair
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- 23SEC EDGARValerie Anne Mars, Board member
- 24SEC EDGARDaniel Patrick Gibson, Board member
- 25SEC EDGARSiri Jirapongphan, Board member
- 26SEC EDGARSteven F. Bouck, Board member
- 27SEC EDGARAllen Jacoby, Board member
- 28SEC EDGARDaniel M. Coombs, Board member
- 29SEC EDGARFernando Musa, Board member
- 30SEC EDGARJeffrey Richard Fieler, Board member
- 31SEC EDGARRichard K. Brenner, Board member
- 32SEC EDGARTanya Burnell, Board member
- 33SEC EDGARTimothy Glockner, Board member
- 34SEC EDGARBrad Kalter, General counsel
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