Telesat (TSAT) EBITDA Margin (2024 - 2026)
Telesat (TSAT) posted quarterly EBITDA Margin of 93.46% for Q1 2026, down 7791.0% year-over-year from 1.22% in Q1 2025, and down 321.01% quarter-over-quarter 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.
- In Q1 2026, EBITDA Margin fell 7791.0% year-over-year to 93.46%; the TTM figure through Mar 2026 stood at 18.26% (down 3952.0% YoY), while the FY2025 annual figure was 50.89%, down 1631.0% from the prior year.
- EBITDA Margin slipped to 93.46% in Q1 2026 per TSAT's latest filing, from 42.29% in the prior quarter.
- Across five years, EBITDA Margin topped out at 57.38% in Q4 2024 and bottomed at 93.46% in Q1 2026.
- Historically, EBITDA Margin has averaged 0.33% across 3 years, with a median of 6.05% in 2024.
- Annual changes were most pronounced in 2025 — EBITDA Margin slumped 1510 bps — and 2026, when it slumped 7791 bps.
- Telesat's EBITDA Margin stood at 57.38% in 2024, then declined by 26 bps to 42.29% in 2025, then tumbled by 321 bps to 93.46% in 2026.
- Business Quant data shows TSAT's EBITDA Margin at 93.46% in Q1 2026, 42.29% in Q4 2025, and 19.98% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 25.00% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 7.00% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 25.82% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 21.59% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -2,316.67% |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 15.14% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 36.90% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 11.23% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -1,015.16% |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | -93.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -93.46% |
| Dec 31, 2025 | 42.29% |
| Sep 30, 2025 | -19.98% |
| Jun 30, 2025 | -7.58% |
| Mar 31, 2025 | -15.54% |
| Dec 31, 2024 | 57.38% |
| Sep 30, 2024 | 19.87% |
| Jun 30, 2024 | 19.69% |