B2Gold (BTG) Retained Earnings (2012 - 2026)
B2Gold (BTG) recorded quarterly Retained Earnings of -$83.9 million in Q1 2026, up 61.95% quarter-over-quarter from -$220.6 million in Q4 2025, and down 26.25% on a YoY basis from -$113.8 million in Q1 2025.
B2Gold (BTG) Retained Earnings (2012 - 2026) Analysis & Trends
B2Gold's Retained Earnings history runs 15 years deep, the most recent figure standing at -$83.9 million for Q1 2026.
- In Q1 2026, Retained Earnings fell 26.25% year-over-year to -$83.9 million; the TTM figure through Mar 2026 stood at -$83.9 million (down 26.25% YoY), while the FY2025 annual figure was -$220.6 million, up 57.21% from the prior year.
- Retained Earnings was -$83.9 million for Q1 2026 at B2Gold, up from -$220.6 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$26.2 million in Q3 2025 to a low of -$515.6 million in Q4 2024.
- Historically, Retained Earnings has averaged -$143.0 million across 5 years, with a median of -$132.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings sank 311.65% in 2024, then surged 72.77% in 2025.
- A 5-year view of Retained Earnings shows it stood at -$145.9 million in 2022, then increased by 14.13% to -$125.3 million in 2023, then tumbled by 311.65% to -$515.6 million in 2024, then soared by 57.21% to -$220.6 million in 2025, then jumped by 61.95% to -$83.9 million in 2026.
- The last three Retained Earnings figures came in at -$83.9 million (Q1 2026), -$220.6 million (Q4 2025), and -$26.2 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | -272.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 99.78 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 392.00 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | -2.09 Bn |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -5.15 Bn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 156.00 Mn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 83.99 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | B2Gold | 13.96 Bn | 13.25 Bn | 609.77 Mn | -83.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -83.94 Mn |
| Dec 31, 2025 | -220.61 Mn |
| Sep 30, 2025 | -26.20 Mn |
| Jun 30, 2025 | -60.46 Mn |
| Mar 31, 2025 | -66.48 Mn |
| Dec 31, 2024 | -515.62 Mn |
| Sep 30, 2024 | -96.21 Mn |
| Jun 30, 2024 | -118.45 Mn |
| Mar 31, 2024 | -110.29 Mn |
| Dec 31, 2023 | -125.26 Mn |
| Sep 30, 2023 | -132.51 Mn |
| Jun 30, 2023 | -142.82 Mn |
| Mar 31, 2023 | -149.45 Mn |
| Dec 31, 2022 | -145.87 Mn |
| Sep 30, 2022 | -150.88 Mn |
| Jun 30, 2022 | -145.67 Mn |
| Mar 31, 2022 | -140.10 Mn |
| Dec 31, 2021 | -136.30 Mn |
| Sep 30, 2021 | -141.98 Mn |
| Jun 30, 2021 | -139.17 Mn |