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

Telesat (TSAT) Gross Margin (2024 - 2026)

Telesat's (TSAT) quarterly Gross Margin came in at 93.36% in Q2 2026, down 265.0% year-over-year from 56.58% in Q2 2025, and down 4.43% quarter-over-quarter from 97.68% in Q1 2026.

Analysis

Telesat (TSAT) Gross Margin (2024 - 2026) Analysis & Trends

Telesat (TSAT) has reported Gross Margin for 3 consecutive years, with 93.36% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 265.0% year-over-year to 93.36% in Q2 2026; TTM through Jun 2026 was 99.01%, a 333.0% increase from a year earlier, with the FY2024 full-year figure at 93.35%, down 118.0% from the prior year.
  • Gross Margin was 93.36% for Q2 2026 at Telesat, down from 97.68% in the prior quarter.
  • Over five years, Gross Margin peaked at 99.48% in Q1 2025 and troughed at 92.21% in Q4 2024.
  • A 3-year average of 95.28% and a median of 95.39% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 328 bps in 2025 and plunged 265 bps in 2026, its largest moves.
  • Over 3 years, Gross Margin stood at 92.21% in 2024, then advanced by 3 bps to 95.28% in 2025, then slipped by 2 bps to 93.36% in 2026.
  • The last three Gross Margin figures came in at 93.36% (Q2 2026), 97.68% (Q1 2026), and 95.28% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 EchoStar 26.05 Bn 24.60 Bn 1.65 Bn 46.08%
2 AST SpaceMobile 24.25 Bn 24.75 Bn 9.12 Mn 28.93%
3 Globalstar 10.67 Bn 10.26 Bn 41.17 Mn 63.56%
4 Viasat 10.38 Bn 8.72 Bn 643.41 Mn 55.63%
5 Iridium Communications 5.00 Bn 4.82 Bn 173.92 Mn 77.22%
6 Telesat 666.48 Mn 973.30 Mn 53.65 Mn 93.36%
7 Gogo 384.81 Mn 321.68 Mn - -
8 Kvh Industries Inc \De\ 139.10 Mn 81.38 Mn 14.63 Mn 43.38%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 93.36%
Mar 31, 2026 97.68%
Sep 30, 2025 95.28%
Jun 30, 2025 96.00%
Mar 31, 2025 99.48%
Dec 31, 2024 92.21%
Sep 30, 2024 95.51%
Jun 30, 2024 92.72%