Telesat (TSAT) EBITDA (2020 - 2026)

Telesat (TSAT) has reported EBITDA for 7 consecutive years, with -$59.3 million the latest figure, recorded in Q1 2026.

• Quarterly EBITDA fell 2163.35% year-over-year to -$59.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$51.3 million (down 152.57% YoY) and the FY2025 annual result came in at $152.2 million, down 45.69% from the prior year.
• EBITDA declined to -$59.3 million in Q1 2026 per TSAT's latest filing, from $28.5 million in the prior quarter.
• Over the last five years, EBITDA for TSAT reached as high as $344.3 million in Q2 2023 and fell as low as -$59.3 million in Q1 2026.
• A 5-year average of $47.3 million and a median of $21.9 million in 2024 frame the typical range for EBITDA.
• Annual changes were most pronounced in 2023 — EBITDA soared 2048.45% — and 2026, when it plunged 2163.35%.
• Year by year, EBITDA stood at $102.4 million in 2022, then slipped by 11.53% to $90.6 million in 2023, then sank by 41.96% to $52.6 million in 2024, then tumbled by 45.77% to $28.5 million in 2025, then plunged by 308.06% to -$59.3 million in 2026.
• According to Business Quant data, EBITDA over the past three periods registered -$59.3 million, $28.5 million, and -$14.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.