Telesat (TSAT) Change in Receivables (2019 - 2025)

Telesat (TSAT) reported Change in Receivables of $41.9 million for Q4 2025, down 63.18% year-over-year from $113.8 million in Q4 2024, and up 8.4% quarter-over-quarter from $38.6 million in Q3 2025.

Telesat (TSAT) Change in Receivables (2019 - 2025) Analysis & Trends

Telesat (TSAT) has 7 years of Change in Receivables data on file, last reported at $41.9 million in Q4 2025.

  • Change in Receivables for Q4 2025 came in at $41.9 million, down 63.18% year-over-year; the trailing twelve-month figure through Dec 2025 was $41.9 million (down 63.18% YoY), and the FY2025 annual result was $41.8 million, down 63.98% from the prior year.
  • Change in Receivables advanced to $41.9 million in Q4 2025 per TSAT's latest filing, from $38.6 million in the prior quarter.
  • Over five years, Change in Receivables peaked at $294.1 million in Q2 2023 and troughed at $30.4 million in Q4 2022.
  • A 5-year average of $66.9 million and a median of $48.0 million in 2023 frame the typical range for Change in Receivables.
  • The sharpest annual moves came in 2023 and 2024: Change in Receivables soared 435.39% in 2023, then slumped 81.49% in 2024.
  • A 5-year view of Change in Receivables shows it stood at $97.3 million in 2021, then plunged by 68.78% to $30.4 million in 2022, then soared by 89.24% to $57.5 million in 2023, then jumped by 97.84% to $113.8 million in 2024, then slumped by 63.18% to $41.9 million in 2025.
  • Business Quant data shows TSAT's Change in Receivables at $41.9 million in Q4 2025, $38.6 million in Q3 2025, and $36.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn -133.00 Mn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn -9.41 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn -
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn -274.00 Mn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 64.80 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 31.53 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -10.27 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 54.44 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn -67.00 Mn
10 Telesat 474.30 Mn 108.43 Mn - 41.89 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 41.89 Mn
Dec 31, 2025 41.89 Mn
Sep 30, 2025 38.65 Mn
Sep 30, 2025 38.65 Mn
Jun 30, 2025 36.70 Mn
Jun 30, 2025 36.70 Mn
Mar 31, 2025 43.42 Mn
Mar 31, 2025 43.42 Mn
Dec 31, 2024 113.77 Mn
Dec 31, 2024 113.77 Mn
Sep 30, 2024 44.83 Mn
Sep 30, 2024 44.83 Mn
Jun 30, 2024 54.45 Mn
Jun 30, 2024 54.45 Mn
Mar 31, 2024 48.43 Mn
Mar 31, 2024 48.43 Mn
Dec 31, 2023 57.51 Mn
Dec 31, 2023 57.51 Mn
Sep 30, 2023 48.03 Mn
Sep 30, 2023 48.03 Mn