Peabody Energy Corporation (BTU) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Peabody published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Peabody's net loss per diluted share is the loss attributable to common stockholders, after $3.9 million of net income attributable to noncontrolling interests.
• Q3 2026 included a one-time $12.9 million litigation settlement, recorded as other operating loss, and $3.9 million of costs related to the terminated Anglo American acquisition, against $54.0 million of such costs a year earlier.

Source: Peabody Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Peabody splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Peabody's Seaborne Thermal revenue was $242 million in Q3 2026, flat on $243 million in Q3 2025, 22% of total revenue.
• Peabody's Seaborne Metallurgical revenue was $366 million in Q3 2026, up 41% from $259 million in Q3 2025, 33% of total revenue.
• Peabody's Total U.S. Thermal revenue was $474 million in Q3 2026, down 4% from $493 million in Q3 2025, 43% of total revenue.
• Peabody's Corporate and Other revenue was $14.5 million in Q3 2026, down 15% from $17.1 million in Q3 2025, 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The first quote is Peabody's Seaborne Thermal outlook. Peabody gives volume, price and cost targets by segment, not revenue or EPS.

In its Q3 2026 release, Peabody said:

“Volume is expected to be 3.6-3.8 million tons, including 2.5-2.7 million export tons.”

“Seaborne met volume is expected to be 2.2-2.4 million tons. Sales are anticipated to achieve approximately 70 percent of the premium hard coking coal price index. Costs are anticipated to be $150-$160 per ton.”

“PRB volume is expected to be 19.5-21.5 million tons at an average price of $13.75 per ton and costs of approximately $13.00-$13.50 per ton.”

“Other U.S. Thermal volume is expected to be 3.6-4.0 million tons at an average price of $59.00 per ton and costs of approximately $48-$52 per ton.”

Source: Peabody Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the BTU forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS attributable to common stockholders, each as first reported in that quarter's release.

Peabody's next report is expected around February 4, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Peabody sells coal from mines in the United States and Australia and reports four mining segments. In Q3 2026 Seaborne Metallurgical, coal for steelmaking, was the largest at $366.0 million of $1,096.3 million total revenue. Powder River Basin brought in $268.1 million, Seaborne Thermal $241.6 million and Other U.S. Thermal $206.1 million, with $14.5 million in Corporate and Other. (Peabody Q3 2026 release, Nov 4, 2026)

Seaborne Metallurgical revenue rose 41%, which Peabody attributes to higher realized prices ($76.3 million) and higher volume ($30.8 million), driven largely by the start-up of the Centurion Mine in Queensland. Revenue per ton was $164.83, against $121.34 a year earlier. Full-scale longwall production at Centurion began in February 2026, and the mine shipped 0.58 million tons in the quarter. (Peabody Form 10-Q, Q3 2026, Nov 6, 2026; Peabody Q3 2026 release, Nov 4, 2026; Peabody Form 10-K, 2025, Feb 19, 2026)

Powder River Basin revenue fell 11% on lower volume ($37.0 million), which Peabody puts down to lower coal burn from mild U.S. weather and lower natural gas prices. Tons sold were 19.6 million, against 22.6 million, at $13.71 per ton. Seaborne Thermal revenue was flat: volume fell to 3.1 million tons from 4.1 million after the closure of the Wambo Underground Mine in September 2025 and sequencing at Wilpinjong, offset by an export price of $100.37 per ton against $76.54. (Peabody Form 10-Q, Q3 2026, Nov 6, 2026; Peabody Q3 2026 release, Nov 4, 2026)

Peabody's sales are spread across many buyers. In 2025 its five largest customers accounted for 25% of revenue from coal supply agreements, and the largest contributed about $291 million, or about 8%. Its sales backlog was about 238 million tons at January 1, 2026. (Peabody Form 10-K, 2025, Feb 19, 2026)

Peabody reports GAAP EPS only; its non-GAAP measure is Adjusted EBITDA, $97.5 million in Q3 2026 against $99.5 million a year earlier. The diluted loss per share of $0.27 compares with a loss of $0.58 in Q3 2025, when results included $54.0 million of costs related to the terminated acquisition of Anglo American's coal assets. In Q3 2026 those costs were $3.9 million. (Peabody Q3 2026 release, Nov 4, 2026)

Q3 2026 also carried a one-time $12.9 million litigation settlement and a $3.3 million induced conversion expense from repurchasing $38.9 million of 2028 convertible notes, partly offset by a $7.2 million gain on the fair value of the bifurcated conversion option. Depreciation, depletion and amortization was $97.6 million. The income tax benefit was $4.5 million. (Peabody Form 10-Q, Q3 2026, Nov 6, 2026; Peabody Q3 2026 release, Nov 4, 2026)

Weighted average diluted shares were 122.1 million, against 121.7 million a year earlier. Peabody says the convertible note repurchases effectively repurchased 5.7 million shares in 2026, and it has called the remaining $39.9 million of 2028 notes for cash redemption in November 2026. Separately, Anglo American is claiming about $755.0 million in damages in arbitration over the terminated deal, which Peabody disputes; a final hearing is scheduled for September 2027. (Peabody Q3 2026 release, Nov 4, 2026; Peabody Form 10-Q, Q3 2026, Nov 6, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Peabody gives quarterly and full-year targets by segment in its release: volume, realized price and cost per ton, plus SG&A, capital expenditures and reclamation spending. It does not guide revenue or EPS. For Q4 2026 it expects Seaborne Thermal volume of 3.6 to 3.8 million tons, Seaborne Metallurgical volume of 2.2 to 2.4 million tons at costs of $150 to $160 per ton, and Powder River Basin volume of 19.5 to 21.5 million tons at $13.75 per ton. (Peabody Q3 2026 release, Nov 4, 2026)

Peabody lowered its 2026 Seaborne Metallurgical volume by 0.6 million tons and raised cost guidance by about $15 per ton, mainly because of lower Centurion production, where faulting held October output to about 45,000 tons. It expects Centurion to sell 0.3 to 0.5 million tons in Q4. Powder River Basin volume guidance fell by about 7.5 million tons on weaker U.S. coal burn, and capital expenditure guidance was cut by $40 million to $300 million. (Peabody Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Peabody, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Peabody's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BTU is on is BTU a buy or a sell?, what analysts expect next is on the BTU forecast, and what the company does is on the Peabody Energy Corporation (BTU) stock page.

Every number on this page can be traced to a document Peabody published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.