B2Gold reported a strong finish to 2025, with Q4 consolidated gold production of 303,029 ounces exceeding expectations. The company achieved record annual revenue of over $3 billion. While Q4 AISC was higher than expected at $1,754 per ounce due to timing of shipments and higher royalties, the company maintained a robust liquidity position with $380 million in cash and declared a Q1 2026 dividend of $0.02 per share.

B2Gold posted $692,206,000 in gold revenue, basic EPS of $0.12 (adjusted EPS $0.12), $329,516,000 operating income, and strong mine performance across Fekola, Masbate, and Otjikoto; consolidated cash operating costs were $762/oz sold and AISC $1,519/oz, with cash & equivalents of $308,491,000 at quarter-end.