Telesat (TSAT) Free Cash Flow (2020 - 2025)

Telesat (TSAT) has 6 years of Free Cash Flow data on file, last reported at $7.2 million in Q4 2025.

• Free Cash Flow for Q4 2025 came in at $7.2 million, down 33.71% year-over-year; the trailing twelve-month figure through Dec 2025 was $145.3 million (up 54.75% YoY), and the FY2025 annual result was $148.3 million, up 59.56% from the prior year.
• Free Cash Flow retreated to $7.2 million in Q4 2025 per TSAT's latest filing, from $13.8 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $121.0 million in Q1 2025 and troughed at -$41.7 million in Q4 2023.
• A 5-year average of $35.1 million and a median of $31.1 million in 2021 frame the typical range for Free Cash Flow.
• The sharpest annual moves came in 2023 and 2024: Free Cash Flow plunged 352.85% in 2023, then surged 126.07% in 2024.
• A 5-year view of Free Cash Flow shows it stood at $30.8 million in 2021, then slumped by 46.52% to $16.5 million in 2022, then sank by 352.85% to -$41.7 million in 2023, then jumped by 126.07% to $10.9 million in 2024, then tumbled by 33.71% to $7.2 million in 2025.
• Business Quant data shows TSAT's Free Cash Flow at $7.2 million in Q4 2025, $13.8 million in Q3 2025, and $3.3 million in Q2 2025.