Skip to main content
logo
B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.36
-0.16 (-2.90%)
Sep 10, 2026, 4:00 PM EDT - Market closed

B2Gold Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
789.351,1591,054782.95692.21532.11499.79448.23492.57461.44511.97477.89470.85473.56592.47392.55381.99365.58526.11510.86
Revenue Growth
14.04%117.75%110.88%74.68%40.53%15.31%-2.38%-6.21%4.61%-2.56%-13.59%21.74%23.27%29.53%12.61%-23.16%5.23%0.91%9.71%4.86%
Gross Profit
429.37771695.16495.01454.14327.31267.86222.89308.18274.67314.53272.07284.98310.79391.18180.21199.78216.93370.34346.94
Operating Income
361.02521.21426.33248.63296.16157.55148.6679.5189.75155.18-45.07155.91167.13171.18225.0554.48106.52137.09219.98222.83
Net Income
417.33199.94170.5819.31154.4257.59-11.88-633.76-2439.75-113.22-43.0780.4285.97157.76-23.4137.880.72136.94123.11
Earnings Per Share
0.290.140.120.010.100.04-0.01-0.48-0.020.03-0.09-0.030.060.080.15-0.020.040.080.130.12
EPS Growth
185.42%250.25%---31.71%----62.47%--68.44%4.66%13.21%--40.63%-12.27%-13.53%-53.31%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Corporate & Other
-147.87-180.15-132.61-87.82----------------
Goose Project
77.7219.53136.7628.89----------------
Otjikoto Mine
96.7155.1211.78143.06182.19148.05134.03133.13112.89106.16149.487.9677.89102.3483.3454.657.8384.63140.74104.76
Fekola Mine
518.05734.85639.13472.58377.32254.67229.78194.99270.59256.32255.51292.38281.67314.23415.12230.02224.48197.86312.12288.31
Masbate Mine
244.78229.33198.92226.24132.7129.39135.98120.12109.0898.97107.0697.56111.2956.9994.01107.9499.6883.0973.25117.8
Total
789.351,1591,054782.95692.21532.11499.79448.23492.57461.44511.97477.89470.85473.56592.47392.55381.99365.58526.11510.86

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
290.03482.06385.29375.65310.31347.76348.54431.11466.84567.81306.9309.57506.21673.74651.95549.46586.69648.76673546.51
Total Debt
456.09519.89598.31637.61442.89425.14437.88239.1840.5145.22192.1349.4555.649.3157.2362.5366.6372.6675.1383.75
Net Cash (Debt)
-166.05-37.83-213.02-261.96-132.58-77.38-89.35191.94426.33522.6114.77260.12450.61624.43594.72486.93520.07576.1597.87462.76
Net Cash Growth
--------26.21%-5.39%-16.31%-80.70%-46.58%-13.36%8.39%-0.53%5.22%80.19%39.69%61.73%46.20%
Net Cash Per Share
-0.11-0.03-0.14-0.18-0.09-0.05-0.070.150.330.400.090.200.360.580.550.460.490.540.560.44

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
-78.76539.48290.58171.39255.08178.79120.54-16.162.43710.73205.44110.2194.98203.82270.4993.12124.88107.31266.29320.28
Capital Expenditures
-170.91-168.5-166.23-247.81-237.95-178.92-237.99-213.98-215.59-233.7-285.18-224.74-204.08-110.86-110.33-72.23-128.36-71.26-105.28-68.3
Free Cash Flow
-249.67370.98124.35-76.4217.13-0.13-117.45-230.08-153.16477.03-79.74-114.54-9.192.96160.1620.89-3.4936.06161.01251.98
Free Cash Flow Growth
---------413.14%---157.84%-0.53%-91.71%--61.17%42.59%9.38%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
54.40%66.54%65.95%63.22%65.61%61.51%53.59%49.73%62.57%59.52%61.43%56.93%60.52%65.63%66.03%45.91%52.30%59.34%70.39%67.91%
Operating Margin
45.74%44.98%40.45%31.76%42.79%29.61%29.74%17.74%38.52%33.63%-8.80%32.62%35.49%36.15%37.98%13.88%27.88%37.50%41.81%43.62%
Pretax Margin
79.45%43.32%34.14%25.26%41.37%24.95%21.67%-127.55%4.89%28.19%-11.03%8.48%33.86%37.35%39.76%11.89%27.70%39.00%44.64%43.24%
Profit Margin
52.87%17.26%16.18%2.47%22.31%10.82%-2.38%-141.39%-4.87%8.61%-22.12%-9.01%17.08%18.15%26.63%-5.96%9.90%22.08%26.03%24.10%
FCF Margin
-31.63%32.02%11.80%-9.76%2.47%-0.03%-23.50%-51.33%-31.09%103.38%-15.57%-23.97%-1.93%19.63%27.03%5.32%-0.91%9.86%30.60%49.33%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
0.0200.0200.0200.0200.0200.0200.0400.0400.0400.0400.0400.0400.0400.0400.0400.0400.0400.0400.0400.040
Dividend Per Share Growth
0%0%-50.00%-50.00%-50.00%-50.00%0%0%0%0%0%0%0%0%0%0%0%0%0%0%
Dividend Yield
2.14%1.77%1.79%2.05%3.38%5.03%6.76%5.43%6.29%6.61%5.54%6.13%5.03%4.61%5.14%5.77%5.54%4.14%4.88%5.66%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
6.1811.1214.9829.78--------15.3516.4515.10-9.4911.899.898.00
P/FCF Ratio
-13.8892.76------12.48---15.6917.8816.19-12.519.329.08
PS Ratio
1.321.641.972.612.191.901.692.121.801.782.131.862.392.312.202.082.012.762.362.10