Telesat (TSAT) Cost of Revenue (2021 - 2026)

Telesat (TSAT) posted quarterly Cost of Revenue of $1.3 million for Q1 2026, up 217.35% year-on-year from $423028.3 in Q1 2025, and down 61.28% on a QoQ basis from $3.5 million in Q3 2025.

Telesat (TSAT) Cost of Revenue (2021 - 2026) Analysis & Trends

Telesat (TSAT) has reported Cost of Revenue for 5 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.

  • Quarterly Cost of Revenue rose 217.35% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.4 million (down 58.62% YoY) and the FY2024 annual result came in at $27.7 million, down 2.84% from the prior year.
  • Cost of Revenue eased to $1.3 million in Q1 2026 per TSAT's latest filing, from $3.5 million in the prior quarter.
  • Over the last five years, Cost of Revenue for TSAT reached as high as $8.1 million in Q2 2024 and fell as low as $23684.3 in Q1 2022.
  • A 4-year average of $3.5 million and a median of $3.3 million in 2025 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2025 — Cost of Revenue tumbled 61.34% — and 2026, when it surged 217.35%.
  • Year by year, Cost of Revenue stood at $23684.3 in 2022, then soared by 30034.0% to $7.1 million in 2024, then plunged by 51.42% to $3.5 million in 2025, then sank by 61.28% to $1.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.3 million, $3.5 million, and $3.1 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 5.76 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 1.35 Bn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 204.00 Mn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 801.52 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 432.10 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn -9.85 Bn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 417.49 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 3.00 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 11.06 Mn
10 Telesat 563.52 Mn 171.60 Mn 62.14 Mn 1.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.34 Mn
Mar 31, 2026 1.34 Mn
Sep 30, 2025 3.47 Mn
Sep 30, 2025 3.47 Mn
Jun 30, 2025 3.14 Mn
Jun 30, 2025 3.14 Mn
Mar 31, 2025 423,028.30
Mar 31, 2025 423,028.30
Dec 31, 2024 7.14 Mn
Dec 31, 2024 7.14 Mn
Sep 30, 2024 4.56 Mn
Sep 30, 2024 4.56 Mn
Jun 30, 2024 8.11 Mn
Jun 30, 2024 8.11 Mn
Mar 31, 2022 23,684.26
Mar 31, 2022 23,684.26
Dec 31, 2021 533,915.18
Dec 31, 2021 533,915.18