Telesat (TSAT) Gross Profit (2024 - 2026)

Telesat (TSAT) has reported Gross Profit for 3 consecutive years, with $62.1 million the latest figure, recorded in Q1 2026.

• Quarterly Gross Profit fell 23.23% year-over-year to $62.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $286.5 million (down 21.66% YoY) and the FY2024 annual result came in at $389.4 million, down 21.08% from the prior year.
• Gross Profit declined to $62.1 million in Q1 2026 per TSAT's latest filing, from $70.0 million in the prior quarter.
• Over the last five years, Gross Profit for TSAT reached as high as $103.3 million in Q2 2024 and fell as low as $62.1 million in Q1 2026.
• A 3-year average of $81.6 million and a median of $80.9 million in 2025 frame the typical range for Gross Profit.
• Annual changes were most pronounced in 2025 — Gross Profit slipped 28.93% — and 2026, when it slipped 23.23%.
• Year by year, Gross Profit stood at $84.5 million in 2024, then dropped by 17.19% to $70.0 million in 2025, then slipped by 11.18% to $62.1 million in 2026.
• According to Business Quant data, Gross Profit over the past three periods registered $62.1 million, $70.0 million, and $73.4 million for Q1 2026, Q3 2025, and Q2 2025 respectively.