Telesat (TSAT) Capital Expenditures (2020 - 2026)
Telesat (TSAT) posted quarterly Capital Expenditures of $31.5 million for Q1 2026, up 29.93% year-on-year from $24.2 million in Q1 2025, and up 209.01% on a QoQ basis from -$28.9 million in Q4 2025.
Telesat (TSAT) Capital Expenditures (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Capital Expenditures for 7 consecutive years, with $31.5 million the latest figure, recorded in Q1 2026.
- Quarterly Capital Expenditures rose 29.93% year-over-year to $31.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$95.0 million (down 973.97% YoY) and the FY2025 annual result came in at -$100.6 million, down 112.49% from the prior year.
- Capital Expenditures grew to $31.5 million in Q1 2026 per TSAT's latest filing, from -$28.9 million in the prior quarter.
- Over the last five years, Capital Expenditures for TSAT reached as high as $51.3 million in Q4 2023 and fell as low as -$75.6 million in Q2 2025.
- A 5-year average of -$1.8 million and a median of -$7.6 million in 2022 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 689.61% — and 2025, when it sank 730.23%.
- Year by year, Capital Expenditures stood at $41.4 million in 2022, then gained by 23.91% to $51.3 million in 2023, then tumbled by 123.55% to -$12.1 million in 2024, then slumped by 139.05% to -$28.9 million in 2025, then jumped by 209.01% to $31.5 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $31.5 million, -$28.9 million, and -$22.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 414.00 Mn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 62.00 Mn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 569.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 14.91 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 124.70 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 5.56 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | -461.52 Mn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 261.60 Mn |
| 10 | Telesat | 563.52 Mn | 171.60 Mn | 62.14 Mn | 31.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.46 Mn |
| Mar 31, 2026 | 31.46 Mn |
| Dec 31, 2025 | -28.86 Mn |
| Dec 31, 2025 | -28.86 Mn |
| Sep 30, 2025 | -22.04 Mn |
| Sep 30, 2025 | -22.04 Mn |
| Jun 30, 2025 | -75.56 Mn |
| Jun 30, 2025 | -75.56 Mn |
| Mar 31, 2025 | 24.21 Mn |
| Mar 31, 2025 | 24.21 Mn |
| Dec 31, 2024 | -12.07 Mn |
| Dec 31, 2024 | -12.07 Mn |
| Sep 30, 2024 | -11.88 Mn |
| Sep 30, 2024 | -11.88 Mn |
| Jun 30, 2024 | -9.10 Mn |
| Jun 30, 2024 | -9.10 Mn |
| Mar 31, 2024 | -14.31 Mn |
| Mar 31, 2024 | -14.31 Mn |
| Dec 31, 2023 | 51.27 Mn |
| Dec 31, 2023 | 51.27 Mn |