Telesat (TSAT) EBITDA (2020 - 2026)
Telesat's (TSAT) quarterly EBITDA came in at -$25.2 million in Q2 2026, down 333.12% year-over-year from $10.8 million in Q2 2025, and up 0.86% quarter-over-quarter from -$25.4 million in Q1 2026.
Analysis
Telesat (TSAT) EBITDA (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported EBITDA for 7 consecutive years, with -$25.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA fell 333.12% year-over-year to -$25.2 million in Q2 2026; TTM through Jun 2026 was -$36.7 million, a 130.04% decrease from a year earlier, with the FY2025 full-year figure at $152.2 million, down 44.59% from the prior year.
- EBITDA was -$25.2 million for Q2 2026 at Telesat, up from -$25.4 million in the prior quarter.
- Over five years, EBITDA peaked at $114.9 million in Q1 2022 and troughed at -$25.4 million in Q1 2026.
- A 5-year average of $50.6 million and a median of $40.5 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA jumped 406.07% in 2023 and tumbled 352.43% in 2026, its largest moves.
- Over 5 years, EBITDA stood at $102.4 million in 2022, then dropped by 11.53% to $90.6 million in 2023, then plunged by 41.96% to $52.6 million in 2024, then slumped by 45.77% to $28.5 million in 2025, then slumped by 188.22% to -$25.2 million in 2026.
- The last three EBITDA figures came in at -$25.2 million (Q2 2026), -$25.4 million (Q1 2026), and $28.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 512.94 Mn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -319.98 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -4.78 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 47.31 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 34.01 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -25.16 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 29.65 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | -76,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.16 Mn |
| Mar 31, 2026 | -25.38 Mn |
| Dec 31, 2025 | 28.52 Mn |
| Sep 30, 2025 | -14.67 Mn |
| Jun 30, 2025 | -5.81 Mn |
| Mar 31, 2025 | -5.61 Mn |
| Dec 31, 2024 | 52.58 Mn |
| Sep 30, 2024 | 80.98 Mn |
| Jun 30, 2024 | 21.95 Mn |
| Mar 31, 2024 | 27.51 Mn |
| Dec 31, 2023 | 90.59 Mn |
| Sep 30, 2023 | 109.12 Mn |
| Jun 30, 2023 | 110.54 Mn |
| Mar 31, 2023 | 111.50 Mn |
| Dec 31, 2022 | 102.40 Mn |
| Sep 30, 2022 | 21.56 Mn |
| Jun 30, 2022 | 114.81 Mn |
| Mar 31, 2022 | 114.93 Mn |
| Dec 31, 2021 | 114.69 Mn |
| Sep 30, 2021 | -47.19 Mn |