The invention discloses a peanut shelling device. The device comprises a first shell, a disk, a first cylinder, a material splitting bench, a shelling mechanism and a first separating mechanism, wherein the first shell includes a first portion, a second portion and a third portion; the disk is arranged on the central section of the upper end of the first portion; the first cylinder is arranged inthe first portion; the upper portion of the material splitting bench is located in the first portion and a lower portion is optionally located in the first portion or in the second portion; the shelling mechanism includes a rotation body, a second cylinder, a first spring and a plurality of squeezing components; and the first separating mechanism includes a second shell, a screw, a first materialreceiving box, and a first air blower. In the invention, a squeezing degree to peanuts can be adjusted, peanut shell breaking efficiency is increased, the breakage rate of peanut kernels is reduced, and the peanut kernels and peanut shells can be completely separated so that the peanut kernels and the peanut shells can be collected.