Telesat (TSAT) FCF Margin (2024 - 2026)

Telesat (TSAT) posted quarterly FCF Margin of 45.4% for Q1 2026, down 13463.0% year-on-year from N/an in Q1 2025, and down 525.16% on a QoQ basis 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.

  • Quarterly FCF Margin fell 13463.0% year-over-year to 45.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.23% (down 846.0% YoY) and the FY2025 annual result came in at 49.58%, up 2729.0% from the prior year.
  • FCF Margin eased to 45.4% in Q1 2026 per TSAT's latest filing, from 10.68% in the prior quarter.
  • Over the last five years, FCF Margin for TSAT reached as high as 89.23% in Q1 2025 and fell as low as 45.4% in Q1 2026.
  • A 3-year average of 20.8% and a median of 11.27% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2025 — FCF Margin soared 6762 bps — and 2026, when it tumbled 13463 bps.
  • Year by year, FCF Margin stood at 11.86% in 2024, then retreated by 10 bps to 10.68% in 2025, then slumped by 525 bps to 45.4% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 45.4%, 10.68%, and 18.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Cisco Systems 449.46 Bn 432.82 Bn 10.08 Bn 21.10%
2 Motorola Solutions 70.47 Bn 69.58 Bn 1.36 Bn 14.33%
3 Hewlett Packard Enterprise 62.71 Bn 57.87 Bn 9.10 Bn 6.55%
4 Ciena 52.07 Bn 50.77 Bn 625.52 Mn 14.91%
5 Lumentum Holdings 50.37 Bn 47.20 Bn 357.00 Mn 9.78%
6 Nokia 48.77 Bn 41.46 Bn 9.86 Bn -
7 Ubiquiti 32.13 Bn 31.76 Bn 370.71 Mn 20.58%
8 Ericsson Lm Telephone 31.92 Bn 26.24 Bn 2.53 Bn 12.01%
9 AST SpaceMobile 16.55 Bn 16.55 Bn 3.67 Mn -2,101.51%
10 Telesat 550.79 Mn 158.87 Mn 62.14 Mn -45.40%

Historic Data

Download Data
DateValue
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%