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BTG logoB2Gold Corp. (BTG) Earnings History

Annual and quarterly earnings data from 2007 to 2025

TTM Net Income
$404M
Profitable
TTM EPS
$0.25
Diluted
YoY EPS Growth
+158.3%
Excellent
Net Margin
13.1%
Profitability
Operating Margin46.1%
Gross Margin50.0%
ROE12.3%
ROA7.7%
Highest Annual Net Income$628M (2020)
Highest Quarterly EPS$0.25 (Q3 2020)
Consecutive Profitable Years1 years
Q4 2025
Net Income$173M
EPS$0.11
QoQ Growth+806.9%Excellent

Loading earnings history...

BTG EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
+5.3%
Solid
5-Year
-13.8%
Declining
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

BTG Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202550.0%46.1%13.1%
202437.1%-13.1%-33.1%
202340.3%16.9%0.5%
202234.9%29.0%14.6%
202143.6%40.5%23.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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B2Gold Corp. (BTG) Earnings Overview

As of May 6, 2026, B2Gold Corp. (BTG) reported trailing twelve-month net income of $404M, reflecting +158.3% year-over-year growth. The company earned $0.25 per diluted share over the past four quarters, with a net profit margin of 13.1%.

Looking at the long-term picture, BTG's 5-year EPS compound annual growth rate (CAGR) stands at -13.8%, signaling declining earnings. The company achieved its highest annual net income of $628M in fiscal 2020.

B2Gold Corp. maintains positive profitability with a gross margin of 50.0%, operating margin of 46.1%, and net margin of 13.1%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including EGO ($510M net income, 27.9% margin), CDE ($409M net income, 28.3% margin), PAAS ($985M net income, 27.0% margin), BTG has room to improve margins relative to the peer group. Compare BTG vs EGO →

BTG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
BTG logoBTGCurrent
$404M$0.2513.1%12.3%+158.3%—
EGO logoEGO
$510M$2.5627.9%12.6%+78.0%
CDE logoCDE
$409M$0.6328.3%21.9%+500.0%
PAAS logoPAAS
$985M$2.3327.0%17.0%+741.9%
KGC logoKGC
$2.9B$2.3833.9%31.0%+158.4%
IAG logoIAG
$671M$1.1523.3%17.7%-22.7%
Best in group
Lowest in group

BTG Historical Earnings Data (2007–2025)

19 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$409M+164.9%$1.44B$0.2813.1%46.1%
2024-$630M-6338.4%-$248M$-0.48-33.1%-13.1%
2023$10M-96.0%$327M$0.010.5%16.9%
2022$253M-39.8%$502M$0.2414.6%29.0%
2021$420M-33.1%$714M$0.4023.8%40.5%
2020$628M+114.1%$1.05B$0.5935.1%58.9%
2019$293M+913.8%$508M$0.2925.4%44.0%
2018$29M-49.1%$286M$0.102.4%23.4%
2017$57M+45.3%$87M$0.068.9%13.6%
2016$39M+126.1%$126M$0.045.7%18.5%

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Is BTG Undervalued?

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Compare BTG vs LIN

Side-by-side business, growth, and profitability comparison vs Linde plc.

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BTG — Frequently Asked Questions

Quick answers to the most common questions about buying BTG stock.

Is BTG growing earnings?

BTG EPS is $0.25, with earnings growth accelerating to +158.3%. This exceeds the 5-year CAGR of -13.8%. TTM net income reached $404M.

What are BTG's profit margins?

B2Gold Corp. net margin is +13.1%, with operating margin at +46.1%. Margins sit within typical range for the sector.

How consistent are BTG's earnings?

BTG earnings data spans 2007-2025. The accelerating earnings trend is +158.3% YoY. Historical data enables comparison across business cycles.

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BTG Earnings Over Time (2014–2025)

Net income and EPS trends