Telesat (TSAT) Free Cash Flow (2020 - 2026)
Telesat's (TSAT) quarterly Free Cash Flow came in at -$14.4 million in Q2 2026, down 540.38% year-over-year from $3.3 million in Q2 2025, and down 142.25% quarter-over-quarter from $34.1 million in Q1 2026.
Analysis
Telesat (TSAT) Free Cash Flow (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Free Cash Flow for 7 consecutive years, with -$14.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 540.38% year-over-year to -$14.4 million in Q2 2026; TTM through Jun 2026 was $40.7 million, a 138.19% increase from a year earlier, with the FY2025 full-year figure at $148.3 million, up 62.8% from the prior year.
- Free Cash Flow was -$14.4 million for Q2 2026 at Telesat, down from $34.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $121.0 million in Q1 2025 and troughed at -$241.7 million in Q3 2024.
- A 5-year average of $20.7 million and a median of $28.2 million in 2022 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 144.49% in 2024, down 819.14% in 2024.
- Over 5 years, Free Cash Flow stood at $64.7 million in 2022, then surged by 52.58% to $98.7 million in 2023, then tumbled by 88.99% to $10.9 million in 2024, then plunged by 33.71% to $7.2 million in 2025, then slumped by 300.07% to -$14.4 million in 2026.
- The last three Free Cash Flow figures came in at -$14.4 million (Q2 2026), $34.1 million (Q1 2026), and $7.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | -102.26 Mn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -694.77 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 137.74 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 252.82 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 92.31 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -14.41 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 22.74 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 672,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.41 Mn |
| Mar 31, 2026 | 34.10 Mn |
| Dec 31, 2025 | 7.20 Mn |
| Sep 30, 2025 | 13.80 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 121.03 Mn |
| Dec 31, 2024 | 10.86 Mn |
| Sep 30, 2024 | -241.71 Mn |
| Jun 30, 2024 | 2.38 Mn |
| Mar 31, 2024 | 71.21 Mn |
| Dec 31, 2023 | 98.66 Mn |
| Sep 30, 2023 | 33.61 Mn |
| Jun 30, 2023 | -5.36 Mn |
| Mar 31, 2023 | 30.18 Mn |
| Dec 31, 2022 | 64.66 Mn |
| Sep 30, 2022 | 75.08 Mn |
| Jun 30, 2022 | 26.26 Mn |
| Mar 31, 2022 | 41.90 Mn |
| Dec 31, 2021 | 81.15 Mn |
| Sep 30, 2021 | 65.12 Mn |