Telesat (TSAT) FCF Margin (2024 - 2026)
Telesat (TSAT) posted quarterly FCF Margin of 45.4% for Q1 2026, down 13463.0% year-over-year from N/an in Q1 2025, and down 525.16% quarter-over-quarter from 10.68% in Q4 2025.
Telesat (TSAT) FCF Margin (2024 - 2026) Analysis & Trends
Telesat (TSAT) has reported FCF Margin for 3 consecutive years, with 45.4% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 13463.0% year-over-year to 45.4%; the TTM figure through Mar 2026 stood at 16.23% (down 846.0% YoY), while the FY2025 annual figure was 49.58%, up 2729.0% from the prior year.
- FCF Margin fell to 45.4% in Q1 2026 per TSAT's latest filing, from 10.68% in the prior quarter.
- Across five years, FCF Margin topped out at 89.23% in Q1 2025 and bottomed at 45.4% in Q1 2026.
- Historically, FCF Margin has averaged 20.8% across 3 years, with a median of 11.27% in 2024.
- Annual changes were most pronounced in 2025 — FCF Margin jumped 6762 bps — and 2026, when it tumbled 13463 bps.
- Telesat's FCF Margin stood at 11.86% in 2024, then dropped by 10 bps to 10.68% in 2025, then sank by 525 bps to 45.4% in 2026.
- Business Quant data shows TSAT's FCF Margin at 45.4% in Q1 2026, 10.68% in Q4 2025, and 18.79% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 21.10% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 7.74% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 13.21% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 9.78% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 13.92% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 20.58% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 12.01% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -2,204.22% |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | -45.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -45.40% |
| Dec 31, 2025 | 10.68% |
| Sep 30, 2025 | 18.79% |
| Jun 30, 2025 | 69.76% |
| Mar 31, 2025 | 89.23% |
| Dec 31, 2024 | 11.86% |
| Sep 30, 2024 | 9.31% |
| Jun 30, 2024 | 2.14% |