B2gold Operating Expenses Growth & History (BTG)
B2gold's operating expenses was $148.5M for fiscal 2025.
View full B2gold company overviewB2gold annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $148.5M | −$806.0M | −84.44% |
| 2024 | 2024-12-31 | $954.5M | $501.9M | +110.90% |
| 2023 | 2023-12-31 | $452.6M | $350.8M | +344.40% |
| 2022 | 2022-12-31 | $101.8M | $46.9M | +85.31% |
| 2021 | 2021-12-31 | $55.0M | — | — |
| 2018 | 2018-12-31 | $94.6M | $31.0M | +48.67% |
| 2017 | 2017-12-31 | $63.6M | −$20.2M | −24.08% |
| 2016 | 2016-12-31 | $83.8M | — | — |
B2gold quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.1M | −$13.0M | −38.06% |
| Q1 2026 | 2026-03-31 | $36.7M | — | — |
| Q4 2025 | 2025-12-31 | $28.8M | — | — |
| Q3 2025 | 2025-09-30 | $35.6M | — | — |
| Q2 2025 | 2025-06-30 | $34.1M | — | — |
B2gold operating expenses trends
Between the periods ended 2016-12-31 and 2025-12-31, B2gold's operating expenses increased from $83.8M to $148.5M, a change of $64.7M. The latest reported quarter, Q2 2026, shows $21.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review B2gold source filings ↗