Telesat (TSAT) Free Cash Flow (2020 - 2026)

Telesat (TSAT) has reported Free Cash Flow for 7 consecutive years, with -$28.8 million the latest figure, recorded in Q1 2026.

• Quarterly Free Cash Flow fell 139.7% year-over-year to -$28.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $45.6 million (down 52.15% YoY) and the FY2025 annual result came in at $148.3 million, up 59.56% from the prior year.
• Free Cash Flow retreated to -$28.8 million in Q1 2026 per TSAT's latest filing, from $7.2 million in the prior quarter.
• Over the last five years, Free Cash Flow for TSAT reached as high as $75.1 million in Q3 2022 and fell as low as -$41.7 million in Q4 2023.
• A 5-year average of $24.0 million and a median of $16.5 million in 2022 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2023 — Free Cash Flow plunged 352.85% — and 2025, when it soared 2140.62%.
• Year by year, Free Cash Flow stood at $16.5 million in 2022, then tumbled by 352.85% to -$41.7 million in 2023, then surged by 126.07% to $10.9 million in 2024, then sank by 33.71% to $7.2 million in 2025, then plunged by 500.25% to -$28.8 million in 2026.
• According to Business Quant data, Free Cash Flow over the past three periods registered -$28.8 million, $7.2 million, and $13.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.