Telesat (TSAT) Capital Expenditures (2020 - 2026)
Telesat (TSAT) recorded Capital Expenditures of -$179.4 million in Q3 2026, compared with $22.04 million a year earlier.
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Analysis
Telesat (TSAT) Capital Expenditures (2020 - 2026) Analysis & Trends
On a TTM basis, Telesat's Capital Expenditures came in at -$78.91 million as of Sep 30, 2026; for FY2025, it came in at $100.58 million, up 112.5% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $47.33 million in FY2024 (+48.8%), $31.81 million in FY2023 (-35.9%), $49.62 million in FY2022 (-80.0%) and $248.7 million in FY2021 (+261.3%).
- The Q3 2026 figure is the lowest quarterly Capital Expenditures in data going back to Q4 2020.
- On a year-over-year basis, Capital Expenditures rose in four of the last six quarters, with growth averaging 34.0%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 139.0% in Q4 2025, against a decline of 76.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.17 million (Q2 2026), $31.46 million (Q1 2026) and $28.86 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 3.72 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 2.27 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 5.06 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | - |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 3.06 Bn |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | -167.60 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 64.97 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | -2.32 Bn |
| 10 | Telesat | 684.59 Mn | -413.27 Mn | - | 38.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.38 Mn |
| Jun 30, 2026 | 40.17 Mn |
| Mar 31, 2026 | 31.46 Mn |
| Dec 31, 2025 | 28.86 Mn |
| Sep 30, 2025 | 22.04 Mn |
| Jun 30, 2025 | 25.41 Mn |
| Mar 31, 2025 | 24.21 Mn |
| Dec 31, 2024 | 12.07 Mn |
| Sep 30, 2024 | 11.88 Mn |
| Jun 30, 2024 | 37.29 Mn |
| Mar 31, 2024 | -14.31 Mn |
| Dec 31, 2023 | 51.27 Mn |
| Sep 30, 2023 | -4.87 Mn |
| Jun 30, 2023 | -5.89 Mn |
| Mar 31, 2023 | -9.20 Mn |
| Dec 31, 2022 | 64.81 Mn |
| Sep 30, 2022 | -4.67 Mn |
| Jun 30, 2022 | -6.07 Mn |
| Mar 31, 2022 | -7.61 Mn |
| Dec 31, 2021 | 324.31 Mn |
API Access
Telesat Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();