B2Gold revenue and financials
$7.37Change from previous close: −0.54%Absolute change: −$0.04
In the fiscal year ended December 2025, B2Gold reported revenue of $3.06B (+60.95% year over year). Net income was $401.91M, a net margin of 13.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +60.95%
- 2025 vs 2024
- Net margin
- 13.1%
- 2024: -33.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 3,061 | 1,902 | 1,934 | 1,733 | 1,762 |
| Cost of revenue | 1,090 | 828 | 752 | 744 | 615 |
| Gross profit | 1,972 | 1,074 | 1,182 | 988 | 1,147 |
| Selling, general and administrative | 79.6 | 62.4 | 67.6 | 57.2 | 53.3 |
| Operating income | 1,132 | -244 | 453 | 523 | 710 |
| EBIT | 1,132 | -244 | 453 | 523 | 710 |
| EBITDA | 1,559 | 936 | 870 | 917 | 1,087 |
| Interest expense | 37.7 | 34.8 | 13.9 | 10.8 | 11.8 |
| Pre-tax income | 977 | -309 | 320 | 531 | 726 |
| Income tax | 550 | 317 | 279 | 244 | 265 |
| Net income | 402 | -630 | 10.1 | 253 | 420 |
| Net income to common shareholders | 402 | -630 | 10.1 | 253 | 420 |
| Basic EPS | 0.30 | -0.48 | 0.01 | 0.24 | 0.40 |
| Diluted EPS | 0.28 | -0.48 | 0.01 | 0.24 | 0.40 |
| Average shares (basic) | 1,325 | 1,309 | 1,232 | 1,064 | 1,054 |
| Average shares (diluted) | 1,481 | 1,309 | 1,237 | 1,071 | 1,062 |
| Dividend per share | 0.08 | 0.16 | 0.16 | 0.16 | 0.16 |