Telesat (TSAT) Goodwill (2019 - 2025)
Telesat (TSAT) reported Goodwill of $1.6 billion for Q4 2025, down 15.1% year-over-year from $1.9 billion in Q4 2024, and down 14.14% quarter-over-quarter from $1.8 billion in Q3 2025.
Telesat (TSAT) Goodwill (2019 - 2025) Analysis & Trends
Telesat (TSAT) has 7 years of Goodwill data on file, last reported at $1.6 billion in Q4 2025.
- Goodwill for Q4 2025 came in at $1.6 billion, down 15.1% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.6 billion (down 15.1% YoY), and the FY2025 annual result was $1.6 billion, down 16.95% from the prior year.
- Goodwill retreated to $1.6 billion in Q4 2025 per TSAT's latest filing, from $1.8 billion in the prior quarter.
- Over five years, Goodwill peaked at $1.9 billion in Q4 2021 and troughed at $1.6 billion in Q4 2025.
- A 5-year average of $1.8 billion and a median of $1.8 billion in 2023 frame the typical range for Goodwill.
- The sharpest annual moves came in 2024 and 2025: Goodwill grew 4.08% in 2024, then slipped 15.1% in 2025.
- A 5-year view of Goodwill shows it stood at $1.9 billion in 2021, then dropped by 7.14% to $1.8 billion in 2022, then decreased by 0.29% to $1.8 billion in 2023, then rose by 4.08% to $1.9 billion in 2024, then declined by 15.1% to $1.6 billion in 2025.
- Business Quant data shows TSAT's Goodwill at $1.6 billion in Q4 2025, $1.8 billion in Q3 2025, and $1.8 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn |
| 10 | Telesat | 474.30 Mn | 108.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.59 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.82 Bn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 1.82 Bn |
| Jun 30, 2024 | 1.84 Bn |
| Mar 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 1.80 Bn |
| Sep 30, 2023 | 1.82 Bn |
| Jun 30, 2023 | 1.82 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.80 Bn |
| Sep 30, 2022 | 1.88 Bn |
| Jun 30, 2022 | 1.92 Bn |
| Mar 31, 2022 | 1.93 Bn |
| Dec 31, 2021 | 1.94 Bn |
| Dec 31, 2020 | 1.88 Bn |
| Dec 31, 2019 | 1.85 Bn |