B2Gold (BTG) Operating Income (2012 - 2026)
B2Gold (BTG) recorded Operating Income of $596.34 million in Q3 2026, up 79.2% from $332.87 million a year earlier and up 14.3% from the prior quarter.
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Analysis
B2Gold (BTG) Operating Income (2012 - 2026) Analysis & Trends
On a TTM basis, B2Gold's Operating Income came in at $2.2 billion as of Sep 30, 2026, up 119.7% year-over-year; for FY2025, it was $1.38 billion.
- Annual Operating Income has a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at -$248.33 million in FY2024, $327.4 million in FY2023 (-34.8%), $502.4 million in FY2022 (-29.6%) and $713.59 million in FY2021 (-32.2%).
- The Q3 2026 figure is the highest quarterly Operating Income in data going back to Q2 2012.
- On a year-over-year basis, Operating Income has increased for four consecutive quarters, with growth averaging 268.6% over the last six quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 969.4% in Q2 2025, against a decline of 80.6% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $521.5 million (Q2 2026), $567.73 million (Q1 2026) and $511.04 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 1.87 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 2.82 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 1.02 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 577.90 Mn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 2.01 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 2.35 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 2.76 Bn |
| 10 | B2Gold | 7.09 Bn | 5.69 Bn | 365.95 Mn | 596.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 596.34 Mn |
| Jun 30, 2026 | 521.50 Mn |
| Mar 31, 2026 | 567.73 Mn |
| Dec 31, 2025 | 511.04 Mn |
| Sep 30, 2025 | 332.87 Mn |
| Jun 30, 2025 | 329.52 Mn |
| Mar 31, 2025 | 208.83 Mn |
| Dec 31, 2024 | 128.42 Mn |
| Sep 30, 2024 | -562.18 Mn |
| Jun 30, 2024 | 30.81 Mn |
| Mar 31, 2024 | 154.63 Mn |
| Dec 31, 2023 | -35.18 Mn |
| Sep 30, 2023 | 27.52 Mn |
| Jun 30, 2023 | 159.14 Mn |
| Mar 31, 2023 | 175.92 Mn |
| Dec 31, 2022 | 231.95 Mn |
| Sep 30, 2022 | 54.53 Mn |
| Jun 30, 2022 | 97.82 Mn |
| Mar 31, 2022 | 118.10 Mn |
| Dec 31, 2021 | 237.39 Mn |
API Access
B2Gold Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=BTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "BTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();