Telesat (TSAT) Consolidated Net Income (2020 - 2026)

Telesat (TSAT) posted quarterly Consolidated Net Income of -$110.1 million for Q1 2026, down 206.94% year-on-year from $102.9 million in Q1 2025, and up 64.57% on a QoQ basis 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.

  • Quarterly Consolidated Net Income fell 206.94% year-over-year to -$110.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$473.2 million (down 191.25% YoY) and the FY2025 annual result came in at -$475.9 million, down 98.34% from the prior year.
  • Consolidated Net Income improved to -$110.1 million in Q1 2026 per TSAT's latest filing, from -$310.6 million in the prior quarter.
  • Over the last five years, Consolidated Net Income for TSAT reached as high as $514.7 million in Q2 2023 and fell as low as -$320.1 million in Q4 2024.
  • A 5-year average of -$8.3 million and a median of $28.9 million in 2023 frame the typical range for Consolidated Net Income.
  • Annual changes were most pronounced in 2023 — Consolidated Net Income jumped 1332.33% — and 2024, when it tumbled 1207.91%.
  • Year by year, Consolidated Net Income stood at $56.6 million in 2022, then plunged by 48.92% to $28.9 million in 2023, then tumbled by 1207.91% to -$320.1 million in 2024, then gained by 2.97% to -$310.6 million in 2025, then jumped by 64.57% to -$110.1 million in 2026.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered -$110.1 million, -$310.6 million, and -$112.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Cisco Systems 444.27 Bn 427.63 Bn 10.08 Bn 3.37 Bn
2 Motorola Solutions 68.42 Bn 67.56 Bn 1.36 Bn 368.00 Mn
3 Hewlett Packard Enterprise 63.57 Bn 58.72 Bn 9.10 Bn 452.00 Mn
4 Lumentum Holdings 59.61 Bn 56.43 Bn 357.00 Mn 144.20 Mn
5 Ciena 57.62 Bn 56.33 Bn 625.52 Mn 150.28 Mn
6 Nokia 52.70 Bn 45.22 Bn 9.86 Bn -158.18 Mn
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn 233.91 Mn
8 AST SpaceMobile 17.20 Bn 17.78 Bn 3.67 Mn -249.58 Mn
9 Zebra Technologies 12.59 Bn 12.48 Bn 742.00 Mn 135.00 Mn
10 Telesat 576.55 Mn 1.10 Bn 62.14 Mn -110.07 Mn

Historic Data

Download Data
DateValue
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 -35.86 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 13.97 Mn
Dec 31, 2022 56.57 Mn
Sep 30, 2022 -168.20 Mn
Jun 30, 2022 35.93 Mn
Mar 31, 2022 58.97 Mn
Dec 31, 2021 8.36 Mn
Sep 30, 2021 -96.83 Mn
Jun 30, 2021 -8.56 Mn