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