Filing Flows › Peabody Energy (BTU) › Q2 2025
Peabody Energy (BTU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Peabody Energy (BTU) reported revenue of $890M for the second quarter 2025 (Q2 2025), -15% from a year earlier and -5% from the quarter before. Operating margin was -4.3%, net loss $26.0M (2.9% of revenue).
Peabody Energy, Q2 2025: revenue $890M (-15% year over year), operating margin -4.3%, net loss $26.0M, operating cash flow $23.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $890M | -5% | -15% |
| Operating profit | −$38.4M | -220% | — |
| Net earnings | −$26.0M | -176% | — |
| Operating cash flow | $23.2M | -81% | +197% |
What changed
Revenue was $890.1M in Q2 2025, down 15% year over year and down 5% from the previous quarter. Powder River Basin was the largest line at 31% of revenue. Seaborne Thermal lost $112.4M year over year (down 37%), 74% of the total change.
Operating costs exceeded revenue by $38.4M, an operating margin of -4.3%. Total costs grew 15% against a revenue fall of 15%. The fastest-growing cost line was Other operating costs (+15%). The quarter ended with a net loss of $26.0M, after a profit of $38.0M the previous quarter. Non-operating items added $9.7M, -34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $23.2M (up 197% year over year). Non-cash charges added back $93.4M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $46.8M. Capital expenditures of $94.2M exceeded it, leaving free cash flow of −$71.0M.
Questions
What was Peabody Energy's revenue in the second quarter 2025?
Peabody Energy (BTU) reported revenue of $890M for the second quarter 2025 (Q2 2025), -15% from a year earlier and -5% from the quarter before.
Was Peabody Energy profitable in the second quarter 2025?
Operating loss was $38.4M (-4.3% of revenue) and net loss $26.0M.
Source: Peabody Energy 10-Q on SEC EDGAR.