Origin Materials, Inc.
originmaterials.comWhat Do They Do?
Sells PET closures to beverage and food packaging companies.
10-K for FY2025, filed Mar 30, 2026Our PET closures and technologies for producing them reflect our mission to enable the world’s transition to sustainable materials, as well…View ↗
Our PET closures are designed to address the estimated $65 billion global closures market. This market is comprised of a number of…View ↗
Mono-Material Solution for Improved Recycling Circularity. Mono-material products are made with one type of material. They are typically…View ↗
How Do They Make Money?
Customers buy products that Origin procures or makes, with product sales counted when the goods ship. Service customers pay at the start and later intervals; Origin earns service revenue over the period it performs the work.
10-K for FY2025, filed Mar 30, 2026The Company recognizes revenues when, or as, its performance obligations under the terms of a contract with its customer are satisfied (see…View ↗
In general, the Company recognizes revenue when, or as, its performance obligations under the terms of a contract with its customer are…View ↗
The Company’s service agreements are customized, specified, and often include various stages at which transaction prices are agreed to.…View ↗
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10-K for FY2025, filed Mar 30, 2026
FY2025 revenue by product or service ↗
$18.9M
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10-K for FY2025, filed Mar 28, 2026
$18.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Products
Sold outright
10-K for FY2025, filed Mar 30, 2026 |
100% |
Products, FY2025
$18.9M Sources
|
Sold outright |
|
Services
Recurring
|
0.0% |
Services, FY2025
$0 Sources
|
Recurring |
Who Are Their Customers?
Food and beverage brands buy closures directly for use on their containers; a pilot launch put Origin caps on products from a California-based alkaline-water brand.
10-K for FY2025, filed Mar 30, 2026In general, the Company recognizes revenue when, or as, its performance obligations under the terms of a contract with its customer are…View ↗
Although a few other companies are currently developing PET closures, in August 2025, Origin became the first and only company to put…View ↗
We believe that our manufacturing excellence will drive continual improvements in process efficiency in the production of PET closures…View ↗
Do Revenues Turn Into Profits?
No. It lost $249.7M in FY2025.
10-K for FY2025, filed Mar 28, 2026
−$259.1MView ↗
10-K for FY2025, filed Mar 28, 2026
−$249.7MView ↗
10-K for FY2025, filed Mar 28, 2026
−$63MView ↗
How Are They Changing?
10-Q for Q1 FY2026, filed May 14, 2026
Open tableView ↗
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Jul 10, 2026
Origin amended its dissolution plan to add preferred-stock voting terms
The new share can vote with common stock at a dissolution meeting under a formula and ranks ahead of common stock in liquidation.
Sources
8-K, filed Jul 10, 2026
On July 7, 2026, the Company and its General Counsel, Joshua Lee (the “Purchaser”), entered into a Series A Junior Preferred Stock Purchase…View ↗
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May 1, 2026
Origin approved liquidation; CEO John Bissell stepped down
Subject to stockholder approval, the plan calls for selling technology and assets before dissolution; Matt Plavan became interim CEO.
Sources
8-K, filed May 1, 2026
On May 1, 2026, Origin Materials, Inc. (the “Company” or “Origin”) announced that its the Board of Directors (the “Board”) had approved the…View ↗
From chemical building blocks to closures
The earlier report focused on converting plant-based feedstocks into chemical building blocks and their derivatives for materials markets. The latest report centers on PET closures and says investment in furanics technology and plant operations is indefinitely suspended.
10-K for FY2022, filed Feb 23, 2023 10-K for FY2025, filed Mar 30, 2026Our technology can convert sustainable feedstocks such as sustainably harvested wood residues, agricultural waste, wood waste and even…View ↗
We have developed a proprietary platform technology to convert biomass, or plant-based carbon, into the versatile “building block”…View ↗
CMF. CMF is a chemically flexible intermediate that can be converted into a variety of products, including paraxylene (“PX”), that can…View ↗
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