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 was $548.9 million for Q1 2026 at B2Gold, up from $502.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $548.9 million in Q1 2026 to a low of $225.9 million in Q1 2022.
• Historically, Cost of Revenue has averaged $326.9 million across 5 years, with a median of $306.6 million in 2022.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue decreased 7.65% in 2023, then soared 86.47% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $331.8 million in 2022, then fell by 7.65% to $306.4 million in 2023, then grew by 6.33% to $325.8 million in 2024, then soared by 54.29% to $502.7 million in 2025, then grew by 9.18% to $548.9 million in 2026.
• The last three Cost of Revenue figures came in at $548.9 million (Q1 2026), $502.7 million (Q4 2025), and $392.6 million (Q3 2025), per Business Quant data.