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
DateValue
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