B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.12
-0.26 (-4.83%)
Feb 19, 2026, 3:11 PM EST - Market open

B2Gold Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
3,0611,9021,9341,7331,762
Revenue Growth (YoY)
60.95%-1.67%11.64%-1.68%-1.49%
Cost of Revenue
1,090828.43751.9744.49614.82
Gross Profit
1,9721,0741,182988.11,147
Selling, General & Admin
79.662.3967.5757.2253.26
Other Operating Expenses
295.1545.268.72-13.31-18.09
Operating Expenses
845.65508.4728.94464.96437.68
Operating Income
1,126565.2453.43523.13709.76
Interest Expense
-37.7-34.85-13.93-10.84-11.8
Interest & Investment Income
12.4520.7318.5211.962.99
Earnings From Equity Investments
-0.762.6319.8710.1817.54
Currency Exchange Gain (Loss)
-9.75-23.69-16.02-10.05-5.9
Other Non Operating Income (Expenses)
-113.41-26.83-12.38.13-3.93
EBT Excluding Unusual Items
976.8503.2449.58532.51708.67
Merger & Restructuring Charges
---12.15--
Gain (Loss) on Sale of Investments
-7.84-117.94--
Gain (Loss) on Sale of Assets
-56.12--2.823.46
Asset Writedown
--876.380.850.91-5.91
Pretax Income
976.8-309.22320.33530.62726.23
Income Tax Expense
550.1317.43278.75243.89265.4
Earnings From Continuing Operations
426.7-626.6541.59286.72460.83
Net Income to Company
426.7-626.6541.59286.72460.83
Minority Interest in Earnings
-24.79-3.24-31.49-33.85-40.76
Net Income
401.91-629.8910.1252.87420.07
Net Income to Common
401.91-629.8910.1252.87420.07
Net Income Growth
---96.01%-39.80%-33.12%
Shares Outstanding (Basic)
1,3251,3091,2321,0641,054
Shares Outstanding (Diluted)
1,4811,3091,2371,0711,062
Shares Change (YoY)
13.14%5.77%15.54%0.89%0.50%
EPS (Basic)
0.30-0.480.010.240.40
EPS (Diluted)
0.28-0.480.010.240.40
EPS Growth
---96.55%-40.39%-32.44%
Free Cash Flow
64.93-23.66-110.41213.62445.68
Free Cash Flow Per Share
0.04-0.02-0.090.200.42
Dividend Per Share
-0.1600.1600.1600.160
Dividend Growth
----45.45%
Gross Margin
64.41%56.45%61.13%57.03%65.11%
Operating Margin
36.78%29.72%23.44%30.19%40.27%
Profit Margin
13.13%-33.12%0.52%14.59%23.84%
Free Cash Flow Margin
2.12%-1.24%-5.71%12.33%25.29%
EBITDA
1,529926.24869.71916.921,087
EBITDA Margin
49.94%48.70%44.96%52.92%61.69%
D&A For EBITDA
402.73361.04416.28393.79377.39
EBIT
1,126565.2453.43523.13709.76
EBIT Margin
36.78%29.72%23.44%30.19%40.27%
Effective Tax Rate
56.32%-87.02%45.96%36.55%
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q