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| 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 |