B2Gold (BTG) Work In Process (2023 - 2026)

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

B2Gold (BTG) Work In Process (2023 - 2026) Analysis & Trends

B2Gold (BTG) has reported Work In Process for 4 consecutive years, with $140.6 million the latest figure, recorded in 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 came in at $140.6 million for Q1 2026 at B2Gold, down from $177.6 million in the prior quarter.
  • The five-year high for Work In Process was $213.2 million in Q3 2024, with the low at $100.1 million in Q4 2023.
  • Average Work In Process over 4 years is $140.2 million, with a median of $134.5 million recorded in 2024.
  • Across the five-year window, Work In Process jumped 34.44% in 2024 and retreated 20.23% in 2025, its largest moves.
  • Year by year, Work In Process 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 declined by 20.81% to $140.6 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $140.6 million, $177.6 million, and $170.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn
8 Gold Fields 30.19 Bn 28.41 Bn -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn
10 B2Gold 5.12 Bn 5.16 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