B2Gold revenue and financials

BTO · TSX · CAD

$7.39+0.96%+$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

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	5,749	5,965	5,879	5,692	5,306	5,099	4,814	4,789	5,183	5,296	4,875	4,852
Current assets	1,102	1,309	1,130	1,070	950	967	902	921	927	997	711	707
Cash and equivalents	287	479	380	367	308	330	337	431	467	568	307	310
Short-term investments	3.5	2.7	4.9	8.4	1.8	17.6	11.6	—	—	—	—	—
Receivables	56.1	60.2	80.3	62.6	44.3	63.1	54.5	67.8	37.6	37.9	37.7	30.5
Inventory	697	663	627	599	561	536	478	378	377	339	346	344
Net property, plant and equipment	3,776	3,746	3,760	3,767	3,597	3,439	3,291	3,097	3,617	3,683	3,563	3,594
Long-term investments	328	355	384	273	225	213	168	182	198	228	220	211
Current liabilities	697	1,098	1,061	1,036	969	794	581	502	316	334	313	325
Accounts payable	189	184	175	157	158	171	156	175	179	176	167	177
Long-term debt	394	460	532	575	376	369	421	196	4.0	6.3	147	11.9
Total debt	456	520	598	638	443	—	—	—	—	—	—	—
Total liabilities	1,745	2,251	2,238	2,321	1,990	1,924	1,778	1,600	1,338	1,366	965	786
Total equity (incl. minority)	4,005	3,713	3,642	3,371	3,317	3,175	3,036	3,189	3,845	3,930	3,910	4,066
Retained earnings	265	-83.9	-221	-364	-357	-485	-516	-443	309	385	396	560
Minority interest	32.7	42.6	48.0	45.7	46.6	49.6	52.6	152	89.0	103	99.6	109