B2gold annual operating margin
2022
2023
2024
2025
B2gold Operating Margin Growth & History (BTG)
B2gold's operating margin was 45.15% for fiscal 2025.
View full B2gold company overviewB2gold annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 45.15% | +58.21 pp |
| 2024 | 2024-12-31 | −13.06% | −29.98 pp |
| 2023 | 2023-12-31 | 16.93% | −12.07 pp |
| 2022 | 2022-12-31 | 29.00% | — |
B2gold quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 36.38% | −9.46 pp |
| Q1 2026 | 2026-03-31 | 49.46% | — |
| Q4 2025 | 2025-12-31 | 49.57% | — |
| Q3 2025 | 2025-09-30 | 45.30% | — |
| Q2 2025 | 2025-06-30 | 45.84% | — |
B2gold operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, B2gold's operating margin increased from 29.00% to 45.15%, a change of +16.16 percentage points. The latest reported quarter, Q2 2026, shows 36.38%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review B2gold source filings ↗