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| Date | Value |
|---|---|
| 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 |