Telesat (TSAT) Consolidated Net Income (2020 - 2026)
Telesat's (TSAT) quarterly Consolidated Net Income came in at -$396.0 million in Q2 2026, down 760.04% year-over-year from $60.0 million in Q2 2025, and little changed quarter-over-quarter from -$396.5 million in Q1 2026.
Analysis
Telesat (TSAT) Consolidated Net Income (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Consolidated Net Income for 7 consecutive years, with -$396.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Consolidated Net Income fell 760.04% year-over-year to -$396.0 million in Q2 2026; TTM through Jun 2026 was -$1.2 billion, a 738.78% decrease from a year earlier, with the FY2025 full-year figure at -$475.9 million, down 102.37% from the prior year.
- Consolidated Net Income was -$396.0 million for Q2 2026 at Telesat, roughly flat from -$396.5 million in the prior quarter.
- Over five years, Consolidated Net Income peaked at $494.8 million in Q2 2023 and troughed at -$396.5 million in Q1 2026.
- A 5-year average of -$35.1 million and a median of $31.1 million in 2023 frame the typical range for Consolidated Net Income.
- Across the five-year window, Consolidated Net Income jumped 3520.96% in 2023 and plunged 1207.91% in 2024, its largest moves.
- Over 5 years, Consolidated Net Income stood at $56.6 million in 2022, then tumbled by 48.92% to $28.9 million in 2023, then slumped by 1207.91% to -$320.1 million in 2024, then advanced by 2.97% to -$310.6 million in 2025, then retreated by 27.47% to -$396.0 million in 2026.
- The last three Consolidated Net Income figures came in at -$396.0 million (Q2 2026), -$396.5 million (Q1 2026), and -$310.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 8.46 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -299.92 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -26.54 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | -43.02 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 11.19 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -395.97 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | -2.01 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 163,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -395.97 Mn |
| Mar 31, 2026 | -396.54 Mn |
| Dec 31, 2025 | -310.65 Mn |
| Sep 30, 2025 | -112.43 Mn |
| Jun 30, 2025 | 59.99 Mn |
| Mar 31, 2025 | 57.93 Mn |
| Dec 31, 2024 | -320.15 Mn |
| Sep 30, 2024 | 57.30 Mn |
| Jun 30, 2024 | 136.25 Mn |
| Mar 31, 2024 | 78.17 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | 24.88 Mn |
| Jun 30, 2023 | 494.84 Mn |
| Mar 31, 2023 | 33.36 Mn |
| Dec 31, 2022 | 56.57 Mn |
| Sep 30, 2022 | -168.20 Mn |
| Jun 30, 2022 | -14.46 Mn |
| Mar 31, 2022 | 58.97 Mn |
| Dec 31, 2021 | 8.36 Mn |
| Sep 30, 2021 | -21.22 Mn |