Telesat (TSAT) EBITDA Margin (2020 - 2026)
Telesat's (TSAT) quarterly EBITDA Margin came in at 43.78% in Q2 2026, down 3619.0% year-over-year from 1.24% in Q2 2025, and little changed quarter-over-quarter from 43.78% in Q1 2026.
Analysis
Telesat (TSAT) EBITDA Margin (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported EBITDA Margin for 7 consecutive years, with 43.78% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 3619.0% year-over-year to 43.78% in Q2 2026; TTM through Jun 2026 was 14.31%, a 4911.0% decrease from a year earlier, with the FY2025 full-year figure at 50.89%, down 1631.0% from the prior year.
- EBITDA Margin was 43.78% for Q2 2026 at Telesat, roughly flat from 43.78% in the prior quarter.
- Over five years, EBITDA Margin peaked at 90.86% in Q1 2023 and troughed at 43.78% in Q1 2026.
- A 5-year average of 36.7% and a median of 49.84% in 2025 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin soared 11041 bps in 2022 and plunged 9977 bps in 2025, its largest moves.
- Over 5 years, EBITDA Margin stood at 67.25% in 2022, then climbed by 11 bps to 74.34% in 2023, then retreated by 23 bps to 57.38% in 2024, then slipped by 26 bps to 42.29% in 2025, then tumbled by 204 bps to 43.78% in 2026.
- The last three EBITDA Margin figures came in at 43.78% (Q2 2026), 43.78% (Q1 2026), and 42.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 14.34% |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -1,015.16% |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -7.37% |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 4.09% |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 15.10% |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -43.78% |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 13.31% |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | -0.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -43.78% |
| Mar 31, 2026 | -43.78% |
| Dec 31, 2025 | 42.29% |
| Sep 30, 2025 | -19.98% |
| Jun 30, 2025 | -7.58% |
| Mar 31, 2025 | -6.89% |
| Dec 31, 2024 | 57.38% |
| Sep 30, 2024 | 79.79% |
| Jun 30, 2024 | 19.69% |
| Mar 31, 2024 | 28.96% |
| Dec 31, 2023 | 74.34% |
| Sep 30, 2023 | 83.55% |
| Jun 30, 2023 | 82.58% |
| Mar 31, 2023 | 90.86% |
| Dec 31, 2022 | 67.25% |
| Sep 30, 2022 | 15.61% |
| Jun 30, 2022 | 78.45% |
| Mar 31, 2022 | 61.87% |
| Dec 31, 2021 | 77.10% |
| Sep 30, 2021 | -30.89% |