B2Gold revenue and financials

BTO · TSX · CAD

$7.39Change from previous close: +0.96%Absolute change: +$0.07

Close · October 6, 2026

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%.

Annual revenue · 2025: $3.06B
  1. $1.76B2021
  2. $1.73B2022
  3. $1.93B2023
  4. $1.9B2024
  5. $3.06B2025

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.

Balance sheet · Annual
Item20252024202320222021
Total assets5,8794,8144,8753,6813,561
Current assets1,1309027111,0351,046
Cash and equivalents380337307652673
Short-term investments4.911.6———
Receivables80.354.537.729.363.8
Inventory627478346332272
Net property, plant and equipment3,7603,2913,5632,2752,232
Long-term investments384168220152136
Current liabilities1,061581313234231
Accounts payable175156167115112
Long-term debt53242114741.720.9
Total debt59843819257.2—
Total liabilities2,2381,778965569600
Total equity (incl. minority)3,6423,0363,9103,1122,961
Retained earnings-221-516396588507
Minority interest48.052.699.6104101