Telesat (TSAT) EBITDA Margin (2024 - 2026)

Telesat (TSAT) posted quarterly EBITDA Margin of 93.46% for Q1 2026, down 9699.0% year-on-year from 0.97% in Q1 2025, and down 321.01% on a QoQ basis from 42.29% in Q4 2025.

Telesat (TSAT) EBITDA Margin (2024 - 2026) Analysis & Trends

Telesat (TSAT) has reported EBITDA Margin for 3 consecutive years, with 93.46% the latest figure, recorded in Q1 2026.

  • Quarterly EBITDA Margin fell 9699.0% year-over-year to 93.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.26% (down 4354.0% YoY) and the FY2025 annual result came in at 50.89%, down 1631.0% from the prior year.
  • EBITDA Margin fell to 93.46% in Q1 2026 per TSAT's latest filing, from 42.29% in the prior quarter.
  • Over the last five years, EBITDA Margin for TSAT reached as high as 57.38% in Q4 2024 and fell as low as 93.46% in Q1 2026.
  • A 3-year average of 2.72% and a median of 11.61% in 2025 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2025 — EBITDA Margin slumped 1510 bps — and 2026, when it slumped 9699 bps.
  • Year by year, EBITDA Margin stood at 57.38% in 2024, then decreased by 26 bps to 42.29% in 2025, then plunged by 321 bps to 93.46% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 93.46%, 42.29%, and 19.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Cisco Systems 449.46 Bn 432.82 Bn 10.08 Bn 25.00%
2 Motorola Solutions 70.47 Bn 69.58 Bn 1.36 Bn 19.34%
3 Hewlett Packard Enterprise 62.71 Bn 57.87 Bn 9.10 Bn 5.05%
4 Ciena 52.07 Bn 50.77 Bn 625.52 Mn 13.27%
5 Lumentum Holdings 50.37 Bn 47.20 Bn 357.00 Mn 21.59%
6 Nokia 48.77 Bn 41.46 Bn 9.86 Bn -2,316.67%
7 Ubiquiti 32.13 Bn 31.76 Bn 370.71 Mn 36.90%
8 Ericsson Lm Telephone 31.92 Bn 26.24 Bn 2.53 Bn 11.23%
9 AST SpaceMobile 16.55 Bn 16.55 Bn 3.67 Mn -1,089.07%
10 Telesat 550.79 Mn 158.87 Mn 62.14 Mn -93.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 -93.46%
Dec 31, 2025 42.29%
Sep 30, 2025 -19.98%
Jun 30, 2025 -7.58%
Mar 31, 2025 3.53%
Dec 31, 2024 57.38%
Sep 30, 2024 19.87%
Jun 30, 2024 19.69%