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How Peabody Energy (BTU) makes money

Peabody Energy (BTU) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Seaborne Metallurgical brought in $366M (33%); Powder River Basin brought in $268M (24%); Seaborne Thermal brought in $242M (22%).

Drawing the Sankey…

Peabody Energy revenue by segment, Q3 2026Peabody Energy revenue by segment, Q3 2026Seaborne Metallurgical$366MPowder River Basin$268MSeaborne Thermal$242MOther U.S. Thermal$206MCorporate and Other (1)$14.5M
Peabody Energy: revenue by line, Q1 2025 to Q3 2026Peabody Energy: revenue by line, Q1 2025 to Q3 2026Seaborne MetallurgicalPowder River BasinSeaborne ThermalOther U.S. ThermalCorporate and Other (…Seaborne Metallurgical: $366M latest$366MPowder River Basin: $268M latest$268MSeaborne Thermal: $242M latest$242MOther U.S. Thermal: $206M latest$206MCorporate and Other (1): $14.5M latestQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026Q3 2026
Seaborne Metallurgical went from 23% of revenue in Q1 2025 to 33% in Q3 2026, the largest shift in the mix.
Peabody Energy revenue by quarterPeabody Energy revenue by quarter$937MQ1 2025$890MQ2 2025$1.0BQ3 2025$1.0BQ4 2025$973MQ1 2026$1.0BQ2 2026$1.1BQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Seaborne Metallurgical$366M33.4%+2%+41%
Powder River Basin$268M24.5%+20%-11%
Seaborne Thermal$242M22.0%+5%-0.5%
Other U.S. Thermal$206M18.8%+26%+7%
Corporate and Other (1)$14.5M1.3%-47%-15%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.1B100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.1B+8%
Q2 2026$1.0B+13%
Q1 2026$973M+4%
Q4 2025$1.0B-9%
Q3 2025$1.0B-7%
Q2 2025$890M-15%
Q1 2025$937M-5%

From Peabody Energy's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Peabody Energy make money?

Peabody Energy (BTU) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Seaborne Metallurgical brought in $366M (33%); Powder River Basin brought in $268M (24%); Seaborne Thermal brought in $242M (22%).

What is Peabody Energy's biggest business?

Seaborne Metallurgical: $366M in the third quarter 2026, 33% of revenue, +41% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.