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
DateValue
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