B2Gold (BTG) Cost of Revenue (2012 - 2026)

B2Gold's Cost of Revenue history runs 15 years deep, the most recent figure standing at $548.9 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 86.47% year-over-year to $548.9 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 47.16% YoY), while the FY2025 annual figure was $1.5 billion, up 27.98% from the prior year.
• Cost of Revenue for Q1 2026 stood at $548.9 million, up from $502.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $548.9 million in Q1 2026, with the low at $225.9 million in Q1 2022.
• The 5-year median for Cost of Revenue is $306.6 million (2022), against an average of $326.9 million.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue retreated 7.65% in 2023, then surged 86.47% in 2026.
• B2Gold's Cost of Revenue stood at $331.8 million in 2022, then declined by 7.65% to $306.4 million in 2023, then climbed by 6.33% to $325.8 million in 2024, then surged by 54.29% to $502.7 million in 2025, then climbed by 9.18% to $548.9 million in 2026.
• Business Quant data shows BTG's Cost of Revenue at $548.9 million in Q1 2026, $502.7 million in Q4 2025, and $392.6 million in Q3 2025.