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B2Gold's gross profit for the
three
months ended in Jun. 2026 was C$433 Mil. B2Gold's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was C$2,570 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. B2Gold's gross profit for the
three
months ended in Jun. 2026 was C$433 Mil. B2Gold's Revenue for the
three
months ended in Jun. 2026 was C$1,108 Mil. Therefore, B2Gold's Gross Margin % for the quarter that ended in Jun. 2026 was 39.06%.
B2Gold had a gross margin of 39.06% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of B2Gold was 53.57%. The lowest was 23.53%. And the median was 38.06%.
Warning Sign:
B2Gold Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
B2Gold had a gross margin of 39.06% for the quarter that ended in Jun. 2026 => Competition eroding margins
B2Gold Gross Profit Related Terms
B2Gold Gross Profit Historical Data
* Premium members only.
The historical data trend for B2Gold's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, B2Gold's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
B2Gold Gross Profit vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, B2Gold's Gross Profit distribution charts can be found below:
* The bar in red indicates where B2Gold's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,570 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
B2Gold's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
B2Gold (TSX:BTO) has a Gross Profit of C$2,570 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on B2Gold and its competitors.
Is B2Gold's Gross Profit too high?
B2Gold's current Gross Profit is C$2,570 Mil. Overall, B2Gold has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Gross Profit compare to NEM and AU?
B2Gold's Gross Profit of C$2,570 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on B2Gold and its competitors. B2Gold's current Gross Profit is C$2,570 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2Gold stock overvalued right now?
Based on GuruFocus' analysis, B2Gold (TSX:BTO) is currently considered Fairly Valued. The stock's GF Value™ is C$7.02, compared to a current price of C$7.11 — trading 1.3% above its estimated fair value. The current Gross Profit is C$2,570 Mil. B2Gold's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For B2Gold (TSX:BTO), the current Gross Profit is C$2,570 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is B2Gold (TSX:BTO) Overvalued in 2026?
Based on GuruFocus' analysis, B2Gold stock appears to be overvalued.
The current stock price of C$7.11 is trading 1.3% above its estimated GF Value™ of C$7.02.
GuruFocus considers B2Gold to be Fairly Valued.
Key valuation signals for TSX:BTO:
Gross Profit: C$2,570 Mil
GF Value™: C$7.02 vs. price of C$7.11 (1.3% above fair value)
No single metric tells the full story. See the TSX:BTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
88GF Score
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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