StockWatch
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Coal Mining
Quarterly ResultAug 6, 2026, 04:34 PM

Peabody Energy Q2 Net Loss $90.6M; Revenue $1.00B

AI Summary

Peabody Energy reported a net loss attributable to common stockholders of $(90.6) million for Q2 2026, a significant increase from $(27.6) million in Q2 2025. Revenue for the quarter increased to $1,003.2 million from $890.1 million year-over-year. For the first six months of 2026, the company posted a net loss of $(123.0) million, compared to a net income of $6.8 million in the prior year period. The company also issued $250.0 million in 2031 Convertible Notes and used the proceeds to repurchase $241.2 million of its 2028 Convertible Notes, resulting in a $17.2 million induced conversion expense.

Key Highlights

  • Q2 2026 net loss attributable to common stockholders was $(90.6) million.
  • Q2 2026 revenue was $1,003.2 million, up from $890.1 million YoY.
  • H1 2026 net loss attributable to common stockholders was $(123.0) million.
  • Issued $250.0 million in 0.50% Convertible Senior Notes due 2031.
  • Repurchased $241.2 million of 3.250% Convertible Senior Notes due 2028.
  • Incurred $17.2 million induced conversion expense related to note repurchase.
  • Seaborne Metallurgical export revenue for Q2 2026 was $358.2 million.
  • Powder River Basin domestic thermal revenue for Q2 2026 was $222.3 million.