B2Gold (BTG) Operating Income (2012 - 2026)
B2Gold (BTG) recorded Operating Income of $521.5 million in the quarter ended Jun 30, 2026, up 58.3% from $329.52 million a year earlier but down 8.1% from the prior quarter.
B2Gold (BTG) Operating Income (2012 - 2026) Analysis & Trends
On a TTM basis, B2Gold's Operating Income came in at $1.93 billion as of Jun 30, 2026; for the year ended Dec 31, 2025, it was $1.38 billion.
- Annual Operating Income has a five-year compound annual growth rate of 5.6% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Income came in at -$248.33 million in the year ended Dec 31, 2024, $327.4 million in the year ended Dec 31, 2023 (-34.8%), $502.4 million in the year ended Dec 31, 2022 (-29.6%) and $713.59 million in the year ended Dec 31, 2021 (-32.2%).
- Quarterly Operating Income has ranged from -$562.18 million in the quarter ended Sep 30, 2024 to $567.73 million in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, Operating Income has increased for three consecutive quarters, with growth averaging 306.5% over the last five quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 969.4% in the quarter ended Jun 30, 2025, against a decline of 80.6% in the quarter ended Jun 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $567.73 million (quarter ended Mar 31, 2026), $511.04 million (quarter ended Dec 31, 2025) and $332.87 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 2.62 Bn |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 1.01 Bn |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | 528.41 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 2.00 Bn |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | 3.80 Bn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 2.73 Bn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 1.63 Bn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | 1.06 Bn |
| 10 | B2Gold | 7.16 Bn | 7.19 Bn | 308.29 Mn | 521.50 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 30, 2022 | 118.10 Mn |
| Dec 31, 2021 | 237.39 Mn |
| Sep 30, 2021 | 218.48 Mn |
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_KEY
import 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();