stockrowB2Gold Corp
BTG Basic Materials Gold
B2Gold Corp’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 60.9% from fiscal 2024.
- Revenue
- +14.0%
- EPS
- +158.3%
- Free cash flow
- +462.5%
- Total debt
- +9.12%
Quarter to June 2026, against a year earlier
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B2Gold Corp (BTG) Gross margin
B2Gold Corp's gross margin over the twelve months to 30 June 2026 was 49.1%, down 0.9 percentage points from fiscal 2025 (50.0%). Over the past ten years it has ranged from 15.7% (fiscal 2015) to 53.6% (fiscal 2020); the current reading is higher than 91% of that period. That is in line with the Gold industry median of 49.1% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 50.0% | 12.88 |
| FY2024 | 37.1% | (3.20) |
| FY2023 | 40.3% | 5.45 |
| FY2022 | 34.9% | (8.73) |
| FY2021 | 43.6% | (9.96) |
| FY2020 | 53.6% | 14.59 |
| FY2019 | 39.0% | 2.77 |
| FY2018 | 36.2% | 12.68 |
| FY2017 | 23.5% | (7.21) |
| FY2016 | 30.7% | 15.02 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 39.1% | (13.57) |
| Mar 2026 | 52.6% | 0.33 |
| Dec 2025 | 52.3% | 2.44 |
| Sep 2025 | 49.9% | (0.91) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| OR OR Royalties Inc. compare | 84.9% |
| OGC Oceanagold Corp. compare | 64.2% |
| SSRM Silver Standard Resources Inc. compare | 62.7% |
| AUGO Aura Minerals Inc. compare | 60.0% |
| ARIS Aris Mining Corporation compare | 59.5% |
| BTG B2Gold Corp | 49.1% |
| EQX Equinox Gold Corp. compare | 43.7% |
| HMY Harmony Gold Mining Company Limited compare | 15.4% |
| CDE Coeur Mining, Inc. compare | 0.00% |
| Gold industry median | 49.1% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Net margin
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- P/B ratio
- Price to free cash flow
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