BTGNYSEGold and Silver OresFiscal year ends December 31

B2GOLD CORP

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 11, 2026

$5.21−0.10 (-1.88%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 18.6
Dividend yield: –

B2GOLD CORP income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Cost of Revenue	1,530	1,196	1,154	1,128	994	831	705	671	488	473
Gross Profit	1,531	706	780	604	769	958	450	381	150	210
Selling, General & Admin	67	59	62	54	50	46	55	51	44	41
Operating Income	1,382	-248	327	502	714	1,053	508	286	87	126
Interest Expense	38	35	14	11	12	16	27	31	13	10
Pretax Income	977	-309	320	531	726	1,034	482	267	69	69
Income Tax Expense	550	317	279	244	265	362	174	132	7.33	30
Income from Continuing Operations	–	–	–	–	–	672	309	135	–	–
Income from Discontinued Operations	–	–	–	–	–	0	6.98	-90	–	–
Net Income incl. Noncontrolling Interests	427	-627	42	287	461	672	316	45	62	39
Minority Interest in Earnings	25	3.24	31	34	41	44	22	16	4.71	-0.53
Net Income	402	-630	10	253	420	628	293	29	57	39
EPS (Basic)(per share)	0.30	-0.48	0.01	0.24	0.40	0.60	0.29	0.03	0.06	0.04
EPS (Diluted)(per share)	0.28	-0.48	0.01	0.24	0.40	0.59	0.29	0.02	0.06	0.04
Shares Outstanding (Basic, Weighted)(shares)	1,325	1,309	1,232	1,064	1,054	1,043	1,014	987	976	942
Shares Outstanding (Diluted, Weighted)(shares)	1,481	1,309	1,237	1,071	1,062	1,056	1,023	1,047	991	955
EBITDA	1,823	119	730	886	1,092	1,354	759	534	247	299

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY

Gross margin: –
Operating margin: –
Net margin: –
Return on equity, FY2025: 12.2%

Financial strength

Current ratio: 1.06
Debt to equity: 0.17
Debt to assets: 10.2%
Cash to current liabilities: 35.8%

Valuation

P/E ratio: 18.6
Price to sales: –
Price to book: –
Dividend yield: –