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| Date | Value |
|---|---|
| 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 |