Filing Flows › Peabody Energy (BTU) › Q1 2026
Peabody Energy (BTU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Peabody Energy (BTU) reported revenue of $973M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -5% from the quarter before. Operating margin was -4.5%, net loss $25.6M (2.6% of revenue).
Peabody Energy, Q1 2026: revenue $973M (+4% year over year), operating margin -4.5%, net loss $25.6M, operating cash flow $30.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $973M | -5% | +4% |
| Operating profit | −$44.2M | -667% | -239% |
| Net earnings | −$25.6M | -346% | -174% |
| Operating cash flow | $30.0M | -56% | -75% |
What changed
Revenue was $973.3M in Q1 2026, up 4% year over year and down 5% from the previous quarter. Powder River Basin was the largest line at 30% of revenue. Seaborne Metallurgical added $62.9M year over year (up 29%), 173% of the total change. Seaborne Thermal declined 25%.
Operating costs exceeded revenue by $44.2M, an operating margin of -4.5%. Total costs grew 12% against revenue growth of 4%. The fastest-growing cost line was SG&A (+34%). The quarter ended with a net loss of $25.6M, after a profit of $12.4M the previous quarter.
Operating cash flow was $30.0M (down 75% year over year). Non-cash charges added back $109.5M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items used $59.3M. Capital expenditures of $85.4M exceeded it, leaving free cash flow of −$55.4M.
Questions
What was Peabody Energy's revenue in the first quarter 2026?
Peabody Energy (BTU) reported revenue of $973M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -5% from the quarter before.
Was Peabody Energy profitable in the first quarter 2026?
Operating loss was $44.2M (-4.5% of revenue) and net loss $25.6M.
Source: Peabody Energy 10-Q on SEC EDGAR.