B2Gold BTG
NYSE BTG
$5.52 +0.14 (+2.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

B2Gold (BTG) Change in Working Capital (2012 - 2026)

B2Gold (BTG) posted quarterly Change in Working Capital of $148.0 million for Q1 2026, up 1097.2% year-over-year from $12.4 million in Q1 2025, and up 41.02% quarter-over-quarter from $104.9 million in Q4 2025.

B2Gold (BTG) Change in Working Capital (2012 - 2026) Analysis & Trends

B2Gold's Change in Working Capital history runs 15 years deep, the most recent figure standing at $148.0 million for Q1 2026.

  • In Q1 2026, Change in Working Capital rose 1097.2% year-over-year to $148.0 million; the TTM figure through Mar 2026 stood at $352.7 million (up 283.7% YoY), while the FY2025 annual figure was -$189.9 million, down 222.37% from the prior year.
  • Change in Working Capital for Q1 2026 stood at $148.0 million, up from $104.9 million in the prior quarter.
  • The five-year high for Change in Working Capital was $148.0 million in Q1 2026, with the low at -$101.0 million in Q4 2024.
  • The 5-year median for Change in Working Capital is $3.6 million (2024), against an average of $7.5 million.
  • The sharpest annual moves came in 2024 and 2025: Change in Working Capital sank 19417.59% in 2024, then jumped 1883.47% in 2025.
  • B2Gold's Change in Working Capital stood at $39.2 million in 2022, then slumped by 98.67% to $523000.0 in 2023, then tumbled by 19417.59% to -$101.0 million in 2024, then surged by 203.86% to $104.9 million in 2025, then jumped by 41.02% to $148.0 million in 2026.
  • Business Quant data shows BTG's Change in Working Capital at $148.0 million in Q1 2026, $104.9 million in Q4 2025, and $70.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Newmont 140.45 Bn 131.44 Bn 4.03 Bn -
2 Agnico Eagle Mines 108.80 Bn 105.34 Bn 2.43 Bn -
3 Barrick Mining 79.45 Bn 73.52 Bn 2.90 Bn -
4 Wheaton Precious Metals 71.58 Bn 71.48 Bn 687.86 Mn -
5 AngloGold Ashanti 61.94 Bn 59.11 Bn 1.70 Bn -
6 Gold Fields 42.71 Bn 40.93 Bn - -
7 Pan American Silver 22.35 Bn 20.78 Bn 457,000.00 -
8 Royal Gold 21.96 Bn 21.77 Bn 390.45 Mn -
9 Coeur Mining 21.68 Bn 20.62 Bn 535.85 Mn -
10 B2Gold 7.38 Bn 7.38 Bn 308.29 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 147.98 Mn
Mar 31, 2026 147.98 Mn
Dec 31, 2025 104.94 Mn
Dec 31, 2025 104.94 Mn
Sep 30, 2025 70.93 Mn
Sep 30, 2025 70.93 Mn
Jun 30, 2025 28.86 Mn
Jun 30, 2025 28.86 Mn
Mar 31, 2025 -14.84 Mn
Mar 31, 2025 -14.84 Mn
Dec 31, 2024 -101.03 Mn
Dec 31, 2024 -101.03 Mn
Sep 30, 2024 3.58 Mn
Sep 30, 2024 3.58 Mn
Jun 30, 2024 -79.71 Mn
Jun 30, 2024 -79.71 Mn
Mar 31, 2024 21.99 Mn
Mar 31, 2024 21.99 Mn
Dec 31, 2023 523,000.00
Dec 31, 2023 523,000.00