B2Gold (BTG) Net Cash Flow (2012 - 2026)
B2Gold (BTG) posted quarterly Net Cash Flow of $286.5 million for Q1 2026, up 53.17% year-over-year from $187.1 million in Q1 2025, and up 38.56% on a QoQ basis from $206.8 million in Q4 2025.
B2Gold (BTG) Net Cash Flow (2012 - 2026) Analysis & Trends
B2Gold (BTG) has reported Net Cash Flow for 15 consecutive years, with $286.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Cash Flow rose 53.17% year-over-year to $286.5 million; the TTM figure through Mar 2026 stood at $882.5 million (up 73.87% YoY), while the FY2025 annual figure was $61.9 million, up 36.87% from the prior year.
- Net Cash Flow came in at $286.5 million for Q1 2026 at B2Gold, up from $206.8 million in the prior quarter.
- The five-year high for Net Cash Flow was $504.1 million in Q1 2024, with the low at $10.2 million in Q2 2024.
- Average Net Cash Flow over 5 years is $164.7 million, with a median of $168.7 million recorded in 2024.
- Across the five-year window, Net Cash Flow slumped 89.66% in 2022 and surged 1999.56% in 2025, its largest moves.
- Year by year, Net Cash Flow stood at $222.5 million in 2022, then gained by 29.28% to $287.6 million in 2023, then tumbled by 41.34% to $168.7 million in 2024, then grew by 22.58% to $206.8 million in 2025, then soared by 38.56% to $286.5 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered $286.5 million, $206.8 million, and $176.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 425.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 16.45 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 1.13 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -47.57 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 1.01 Bn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -137.26 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 837.50 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 892.00 Mn |
| 10 | B2Gold | 5.12 Bn | 5.16 Bn | 609.77 Mn | 286.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 286.51 Mn |
| Mar 31, 2026 | 286.51 Mn |
| Dec 31, 2025 | 206.78 Mn |
| Dec 31, 2025 | 206.78 Mn |
| Sep 30, 2025 | 176.07 Mn |
| Sep 30, 2025 | 176.07 Mn |
| Jun 30, 2025 | 213.19 Mn |
| Jun 30, 2025 | 213.19 Mn |
| Mar 31, 2025 | 187.05 Mn |
| Mar 31, 2025 | 187.05 Mn |
| Dec 31, 2024 | 168.69 Mn |
| Dec 31, 2024 | 168.69 Mn |
| Sep 30, 2024 | 141.68 Mn |
| Sep 30, 2024 | 141.68 Mn |
| Jun 30, 2024 | 10.15 Mn |
| Jun 30, 2024 | 10.15 Mn |
| Mar 31, 2024 | 504.10 Mn |
| Mar 31, 2024 | 504.10 Mn |
| Dec 31, 2023 | 287.60 Mn |
| Dec 31, 2023 | 287.60 Mn |