Telesat TSAT
NASDAQ TSAT
$44.90 +0.85 (+1.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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