The Battle of the Five Armies is the 2014 third and final installment in Peter Jackson's film adaptation of J.R.R. Tolkien's novel The Hobbit. It had a production budget of $250 million and grossed over $915 million worldwide, making it highly profitable though it did not reach $1 billion as some predicted. The film continued the story of Bilbo Baggins and the dwarves' quest to reclaim their homeland, focusing on the climactic battle between the dwarves, elves, and men against the orcs and goblins.