B2Gold Corp. (BTG)
Basic Materials · Gold · NYSE American
B2Gold Corp. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $1.73B | $1.93B | $1.90B | $3.06B |
| Gross profit | $604.24M | $780.00M | $706.20M | $1.53B |
| Net income | $252.87M | $10.10M | $-629.89M | $401.91M |
| Net margin | 14.6% | 0.5% | -33.1% | 13.1% |
Source: B2Gold Corp. SEC filings (10-K).
What growth is priced into BTG stock?
At today's market cap of $5.26B, B2Gold Corp. is priced for free-cash-flow growth of about -9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $860.74M from the FY ending 2024-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of B2Gold Corp. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track BTG in your portfolio →
B2Gold Corp. financial history by metric
About B2Gold Corp.
B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali; the Masbate Mine in the Philippines; the Otjikoto Mine in Namibia; the Goose Mine in Canada. It also owns 100% interest in the Gramalote gold project in Colombia. In addition, the company has a portfolio of other evaluation and exploration assets in Mali, Canada and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
B2Gold Corp. — frequently asked questions
What is B2Gold Corp.'s revenue?
B2Gold Corp. (BTG) reported revenue of $3.06B for fiscal year 2025, up 60.9% from the prior year, according to its SEC filings.
Is B2Gold Corp. profitable?
Yes. BTG earned net income of $401.91M in fiscal 2025, a net margin of 13.1%.
What is BTG's P/E ratio?
B2Gold Corp. trades at a price-to-earnings ratio of about 10.4 based on the latest data in our nightly-refreshed cache.
How fast is B2Gold Corp. growing?
BTG's revenue grew at roughly 20.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does B2Gold Corp. have?
As of fiscal year 2025, BTG carried roughly $546.10M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is B2Gold Corp.'s gross margin?
BTG's gross margin was 50.0% in fiscal 2025 — gross profit of $1.53B on revenue of $3.06B.
What is B2Gold Corp.'s market cap?
B2Gold Corp. (BTG) has a market capitalization of about $5.26B, based on the latest data in our nightly-refreshed cache.
When does B2Gold Corp.'s fiscal year end?
BTG's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into BTG stock?
At today's market cap of $5.26B, B2Gold Corp. is priced for free-cash-flow growth of about -9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $860.74M from the FY ending 2024-12-31).
Where does this data come from?
All figures are computed from B2Gold Corp.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.