Telesat (TSAT) Consolidated Net Income (2020 - 2026)
Telesat (TSAT) posted quarterly Consolidated Net Income of -$110.1 million for Q1 2026, up 28.86% year-over-year from -$85.4 million in Q1 2025, and up 64.57% quarter-over-quarter from -$310.6 million in Q4 2025.
Telesat (TSAT) Consolidated Net Income (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Consolidated Net Income for 7 consecutive years, with -$110.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Consolidated Net Income rose 28.86% year-over-year to -$110.1 million; the TTM figure through Mar 2026 stood at -$473.2 million (down 68.19% YoY), while the FY2025 annual figure was -$379.5 million, down 71.78% from the prior year.
- Consolidated Net Income grew to -$110.1 million in Q1 2026 per TSAT's latest filing, from -$310.6 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $514.7 million in Q2 2023 and bottomed at -$320.1 million in Q4 2024.
- Historically, Consolidated Net Income has averaged -$14.2 million across 5 years, with a median of $28.9 million in 2023.
- Annual changes were most pronounced in 2023 — Consolidated Net Income soared 1695.07% — and 2024, when it tumbled 1207.91%.
- Telesat's 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 grew by 2.97% to -$310.6 million in 2025, then jumped by 64.57% to -$110.1 million in 2026.
- Business Quant data shows TSAT's Consolidated Net Income at -$110.1 million in Q1 2026, -$310.6 million in Q4 2025, and -$112.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.37 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 624.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 558.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 144.20 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -161.80 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 218.22 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 233.91 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 791.17 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -299.92 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | -110.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -110.07 Mn |
| Dec 31, 2025 | -310.65 Mn |
| Sep 30, 2025 | -112.43 Mn |
| Jun 30, 2025 | 59.99 Mn |
| Mar 31, 2025 | -154.73 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 | -124.04 Mn |
| Jun 30, 2023 | 514.66 Mn |
| Mar 31, 2023 | 33.36 Mn |
| Dec 31, 2022 | 56.57 Mn |
| Sep 30, 2022 | -101.54 Mn |
| Jun 30, 2022 | -32.27 Mn |
| Mar 31, 2022 | 58.97 Mn |
| Dec 31, 2021 | 8.36 Mn |
| Sep 30, 2021 | 34.11 Mn |
| Jun 30, 2021 | -65.23 Mn |