B2Gold Corp (BTO) Financials
TSX: BTO · Gold · Production stage
- Market cap$8.65B
- Share price$6.57
- 52-week range$5.01 – $8.60
- Shares outstanding1,317,053,278
- ExchangeTSX
- Websitewww.b2gold.com
B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.
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B2Gold Corp financial statements
Key figures read from 39 of 39 financial statement filings, Nov 2, 2016 to Aug 6, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$380,424 | US$336,971 | US$306,895 | US$651,946 | US$672,999 |
| Total current assets | US$1,129,674* | US$901,789* | US$710,729* | US$1,035,171* | US$1,046,117* |
| Property, plant and equipment | US$3,760,337 | US$3,291,435 | US$3,563,490 | — | — |
| Total assets | US$5,879,316 | US$4,813,998 | US$4,874,619 | US$3,681,233 | US$3,561,293 |
| Debt | US$598,310 | US$437,883 | US$192,125 | US$57,228 | US$75,134 |
| Shareholders' equity | US$3,593,565 | US$2,983,065 | US$3,810,379 | US$3,008,126 | US$2,860,294 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Cost of sales | (US$1,530,455) | (US$1,195,835) | (US$1,154,271) | (US$1,128,346) | (US$993,712) |
| General and administrative | (US$67,087) | (US$59,483) | (US$62,364) | (US$54,479) | (US$50,185) |
| Share-based compensation | (US$24,954) | (US$24,678) | (US$20,921) | (US$24,843) | (US$22,571) |
| Impairments and write-downs | (US$5,118) | (US$876,376) | (US$322,148) | (US$12,366) | (US$5,905) |
| Net income (loss) | US$426,699 | (US$626,653) | US$41,588 | US$286,723 | US$460,825 |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$895,836 | US$877,604 | US$714,453 | US$595,798 | US$724,113 |
| Investing cash flow | (US$892,740) | (US$763,301) | (US$845,339) | (US$388,782) | (US$286,277) |
| Financing cash flow | US$58,646 | (US$69,072) | (US$192,510) | (US$211,285) | (US$234,228) |
| Exploration spending (capitalized) | — | — | US$0 | (US$55,995) | (US$31,684) |
| Change in cash | US$61,742 | US$45,231 | (US$323,396) | (US$4,269) | US$203,608 |
| Cash at end of period | US$380,424 | US$336,971 | US$306,895 | US$651,946 | US$672,999 |
No financings are on record for B2Gold Corp yet.