B2Gold (BTG) Work In Process (2015 - 2026)

B2Gold (BTG) recorded quarterly Work In Process of $140.6 million in Q1 2026, down 20.81% quarter-over-quarter from $177.6 million in Q4 2025, and up 23.4% on a YoY basis from $114.0 million in Q1 2025.

B2Gold (BTG) Work In Process (2015 - 2026) Analysis & Trends

B2Gold's Work In Process history runs 7 years deep, the most recent figure standing at $140.6 million for Q1 2026.

  • In Q1 2026, Work In Process rose 23.4% year-over-year to $140.6 million; the TTM figure through Mar 2026 stood at $140.6 million (up 23.4% YoY), while the FY2025 annual figure was $177.6 million, up 32.01% from the prior year.
  • Work In Process was $140.6 million for Q1 2026 at B2Gold, down from $177.6 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $213.2 million in Q3 2024 to a low of $100.1 million in Q4 2023.
  • Historically, Work In Process has averaged $140.2 million across 4 years, with a median of $134.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Work In Process jumped 34.44% in 2024, then dropped 20.23% in 2025.
  • A 4-year view of Work In Process shows it stood at $100.1 million in 2023, then surged by 34.44% to $134.5 million in 2024, then jumped by 32.01% to $177.6 million in 2025, then decreased by 20.81% to $140.6 million in 2026.
  • The last three Work In Process figures came in at $140.6 million (Q1 2026), $177.6 million (Q4 2025), and $170.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn
5 Gold Fields 128.61 Bn 126.83 Bn -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn
8 Equinox Gold 47.64 Bn 47.14 Bn -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn
10 B2Gold 13.96 Bn 13.25 Bn 609.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 140.64 Mn
Dec 31, 2025 177.60 Mn
Sep 30, 2025 170.06 Mn
Jun 30, 2025 109.17 Mn
Mar 31, 2025 113.97 Mn
Dec 31, 2024 134.53 Mn
Sep 30, 2024 213.20 Mn
Jun 30, 2024 102.61 Mn
Dec 31, 2023 100.07 Mn
Mar 31, 2017 10.96 Mn
Dec 31, 2016 8.37 Mn
Mar 31, 2016 8.54 Mn
Dec 31, 2015 10.78 Mn