BTG
B2Gold Corp
NYSE MKT: BTG · BASIC MATERIALS · GOLD
$4.31
-1.82% today
Updated 2026-04-29
Market cap
$5.76B
P/E ratio
15.39
P/S ratio
1.88x
EPS (TTM)
$0.28
Dividend yield
1.82%
52W range
$3 – $6
Volume
32.9M
B2Gold Corp (BTG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $20.64M | $127.52M | $225.35M | $259.05M | $544.27M | $486.62M | $553.66M | $683.29M | $638.68M | $1.23B | $1.16B | $1.79B | $1.76B | $1.73B | $1.93B | $1.90B | $3.06B |
| Revenue growth (YoY) | — | — | — | +517.9% | +76.7% | +15.0% | +110.1% | -10.6% | +13.8% | +23.4% | -6.5% | +91.8% | -5.7% | +54.8% | -1.5% | -1.7% | +11.6% | -1.7% | +60.9% |
| Cost of revenue | $1.79M | $2.30M | $18.22M | $62.76M | $88.15M | $132.03M | $397.33M | $392.76M | $466.63M | $473.22M | $488.39M | $860.40M | $705.18M | $830.64M | $993.71M | $1.13B | $1.15B | $1.20B | $1.53B |
| Gross profit | $-1.79M | $-2.30M | $2.42M | $64.76M | $137.20M | $127.02M | $146.95M | $93.87M | $87.03M | $210.08M | $150.28M | $364.66M | $450.46M | $958.29M | $768.55M | $604.24M | $780.00M | $706.20M | $1.53B |
| Gross margin | — | — | 11.7% | 50.8% | 60.9% | 49.0% | 27.0% | 19.3% | 15.7% | 30.7% | 23.5% | 29.8% | 39.0% | 53.6% | 43.6% | 34.9% | 40.3% | 37.1% | 50.0% |
| R&D | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $4.23M | $10.56M | $11.32M | $16.46M | $22.82M | $41.08M | $58.28M | $61.61M | $56.29M | $59.62M | $67.25M | $73.82M | $74.92M | $69.22M | $72.76M | $79.32M | $83.28M | $84.16M | $92.04M |
| Operating income | $-4.65M | $-9.21M | $-11.90M | $22.50M | $85.69M | $84.14M | $116.20M | $-741.30M | $-94.77M | $126.26M | $86.65M | $286.11M | $508.01M | $1.05B | $713.59M | $502.40M | $674.64M | $594.80M | $1.40B |
| Operating margin | — | — | -57.6% | 17.6% | 38.0% | 32.5% | 21.3% | -152.3% | -17.1% | 18.5% | 13.6% | 23.4% | 44.0% | 58.9% | 40.5% | 29.0% | 34.9% | 31.3% | 45.9% |
| EBITDA | $-4.61M | $-25.95M | $-25.55M | $49.45M | $107.30M | $110.52M | $178.56M | $-633.20M | $10.55M | $248.02M | $250.98M | $518.13M | $760.25M | $1.35B | $1.12B | $925.31M | $736.63M | $93.03M | $1.46B |
| EBITDA margin | — | — | -123.8% | 38.8% | 47.6% | 42.7% | 32.8% | -130.1% | 1.9% | 36.3% | 39.3% | 42.3% | 65.8% | 75.6% | 63.4% | 53.4% | 38.1% | 4.9% | 47.5% |
| EBIT | $-4.66M | $-26.04M | $-27.83M | $32.93M | $81.12M | $75.55M | $92.70M | $-745.75M | $-133.74M | $77.77M | $84.74M | $282.59M | $508.94M | $1.05B | $738.02M | $541.46M | $334.26M | $-274.38M | $1.01B |
| Interest expense | $401730.00 | $170701.00 | $803941.00 | $4.70M | $611000.00 | $193000.00 | $5.60M | $5.70M | $16.10M | $10.18M | $12.91M | $30.64M | $26.55M | $15.80M | $11.80M | $10.84M | $13.93M | $34.85M | $37.70M |
| Income tax | $-457610.00 | $-307788.00 | $-782000.00 | $9.10M | $24.21M | $25.36M | $19.80M | $-85.06M | $1.67M | $29.93M | $7.33M | $132.36M | $173.53M | $362.01M | $265.40M | $243.89M | $278.75M | $317.43M | $559.73M |
| Effective tax rate | 9.8% | 1.0% | 2.7% | 31.2% | 30.1% | 32.8% | 22.7% | 11.3% | -1.1% | 43.3% | 11.4% | 82.1% | 37.2% | 36.6% | 38.7% | 49.1% | 96.5% | -101.6% | 58.2% |
| Net income | $-4.20M | $-29.99M | $-27.79M | $20.03M | $56.30M | $51.91M | $67.30M | $-665.27M | $-149.95M | $39.13M | $56.85M | $28.94M | $293.38M | $628.06M | $420.06M | $252.87M | $10.10M | $-629.89M | $401.91M |
| Net income growth (YoY) | — | -614.9% | +7.4% | +172.1% | +181.1% | -7.8% | +29.7% | -1088.5% | +77.5% | +126.1% | +45.3% | -49.1% | +913.8% | +114.1% | -33.1% | -39.8% | -96.0% | -6338.4% | +163.8% |
| Profit margin | — | — | -134.6% | 15.7% | 25.0% | 20.0% | 12.4% | -136.7% | -27.1% | 5.7% | 8.9% | 2.4% | 25.4% | 35.1% | 23.8% | 14.6% | 0.5% | -33.1% | 13.1% |