B2Gold (BTG) Inventory (2012 - 2026)
B2Gold (BTG) posted quarterly Inventory of $663.4 million for Q1 2026, up 23.85% year-over-year from $535.6 million in Q1 2025, and up 5.76% on a QoQ basis from $627.2 million in Q4 2025.
B2Gold (BTG) Inventory (2012 - 2026) Analysis & Trends
B2Gold (BTG) has reported Inventory for 15 consecutive years, with $663.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory rose 23.85% year-over-year to $663.4 million; the TTM figure through Mar 2026 stood at $663.4 million (up 23.85% YoY), while the FY2025 annual figure was $627.2 million, up 31.33% from the prior year.
- Inventory came in at $663.4 million for Q1 2026 at B2Gold, up from $627.2 million in the prior quarter.
- The five-year high for Inventory was $663.4 million in Q1 2026, with the low at $279.0 million in Q1 2022.
- Average Inventory over 5 years is $420.1 million, with a median of $350.2 million recorded in 2023.
- Across the five-year window, Inventory fell 3.1% in 2024 and surged 58.29% in 2025, its largest moves.
- Year by year, Inventory stood at $332.0 million in 2022, then rose by 4.36% to $346.5 million in 2023, then soared by 37.83% to $477.6 million in 2024, then soared by 31.33% to $627.2 million in 2025, then gained by 5.76% to $663.4 million in 2026.
- According to Business Quant data, Inventory over the past three periods registered $663.4 million, $627.2 million, and $598.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 2.15 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 20.01 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 1.50 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 121.01 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 123.30 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | 782.60 Mn |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 1.32 Bn |
| 10 | B2Gold | 5.12 Bn | 5.16 Bn | 609.77 Mn | 663.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 663.37 Mn |
| Dec 31, 2025 | 627.23 Mn |
| Sep 30, 2025 | 598.54 Mn |
| Jun 30, 2025 | 561.12 Mn |
| Mar 31, 2025 | 535.64 Mn |
| Dec 31, 2024 | 477.59 Mn |
| Sep 30, 2024 | 378.12 Mn |
| Jun 30, 2024 | 376.82 Mn |
| Mar 31, 2024 | 339.35 Mn |
| Dec 31, 2023 | 346.50 Mn |
| Sep 30, 2023 | 343.63 Mn |
| Jun 30, 2023 | 339.10 Mn |
| Mar 31, 2023 | 350.20 Mn |
| Dec 31, 2022 | 332.03 Mn |
| Sep 30, 2022 | 293.79 Mn |
| Jun 30, 2022 | 300.20 Mn |
| Mar 31, 2022 | 278.98 Mn |
| Dec 31, 2021 | 272.35 Mn |
| Sep 30, 2021 | 269.80 Mn |
| Jun 30, 2021 | 269.67 Mn |