Telesat (TSAT) Capital Expenditures (2020 - 2026)
Telesat (TSAT) posted quarterly Capital Expenditures of $31.5 million for Q1 2026, up 29.93% year-over-year from $24.2 million in Q1 2025, and up 209.01% quarter-over-quarter 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.
- In Q1 2026, Capital Expenditures rose 29.93% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at -$95.0 million (down 973.97% YoY), while the FY2025 annual figure was -$100.6 million, down 112.49% from the prior year.
- Capital Expenditures climbed to $31.5 million in Q1 2026 per TSAT's latest filing, from -$28.9 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $51.3 million in Q4 2023 and bottomed at -$75.6 million in Q2 2025.
- Historically, Capital Expenditures has averaged -$2.3 million across 5 years, with a median of -$6.1 million in 2022.
- Annual changes were most pronounced in 2022 — Capital Expenditures surged 689.61% — and 2025, when it sank 730.23%.
- Telesat's Capital Expenditures stood at $41.4 million in 2022, then grew by 23.91% to $51.3 million in 2023, then slumped by 123.55% to -$12.1 million in 2024, then sank by 139.05% to -$28.9 million in 2025, then jumped by 209.01% to $31.5 million in 2026.
- Business Quant data shows TSAT's Capital Expenditures at $31.5 million in Q1 2026, -$28.9 million in Q4 2025, and -$22.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 414.00 Mn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 583.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 55.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 124.70 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 41.05 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 5.56 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -469.73 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 597.62 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 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 |