Telesat (TSAT) Income from Non-Controlling Interests (2021 - 2026)
Telesat (TSAT) posted quarterly Income from Non-Controlling Interests of -$76.9 million for Q1 2026, up 10.39% year-over-year from -$69.7 million in Q1 2025, and up 65.14% quarter-over-quarter from -$220.6 million in Q4 2025.
Telesat (TSAT) Income from Non-Controlling Interests (2021 - 2026) Analysis & Trends
Telesat (TSAT) has reported Income from Non-Controlling Interests for 6 consecutive years, with -$76.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Income from Non-Controlling Interests rose 10.39% year-over-year to -$76.9 million; the TTM figure through Mar 2026 stood at -$320.5 million (down 52.37% YoY), while the FY2025 annual figure was -$268.3 million, down 71.05% from the prior year.
- Income from Non-Controlling Interests improved to -$76.9 million in Q1 2026 per TSAT's latest filing, from -$220.6 million in the prior quarter.
- Across five years, Income from Non-Controlling Interests topped out at $276.1 million in Q2 2023 and bottomed at -$229.7 million in Q4 2024.
- Historically, Income from Non-Controlling Interests has averaged -$15.1 million across 5 years, with a median of -$1.1 million in 2023.
- On a YoY basis, Income from Non-Controlling Interests climbed as much as 3548.97% in 2024 and fell as far as 1221.99% in 2024.
- Telesat's Income from Non-Controlling Interests stood at $34.4 million in 2022, then plunged by 40.42% to $20.5 million in 2023, then sank by 1221.99% to -$229.7 million in 2024, then grew by 3.96% to -$220.6 million in 2025, then soared by 65.14% to -$76.9 million in 2026.
- Business Quant data shows TSAT's Income from Non-Controlling Interests at -$76.9 million in Q1 2026, -$220.6 million in Q4 2025, and -$62.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | - |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | - |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 1.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | - |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | - |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 3.20 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -69.01 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | -76.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -76.90 Mn |
| Dec 31, 2025 | -220.62 Mn |
| Sep 30, 2025 | -62.36 Mn |
| Jun 30, 2025 | 39.36 Mn |
| Mar 31, 2025 | -85.81 Mn |
| Dec 31, 2024 | -229.73 Mn |
| Sep 30, 2024 | 36.61 Mn |
| Jun 30, 2024 | 68.59 Mn |
| Mar 31, 2024 | 49.94 Mn |
| Dec 31, 2023 | 20.48 Mn |
| Sep 30, 2023 | -1.06 Mn |
| Jun 30, 2023 | 276.06 Mn |
| Mar 31, 2023 | -2.42 Mn |
| Dec 31, 2022 | 34.36 Mn |
| Sep 30, 2022 | -130.47 Mn |
| Jun 30, 2022 | -18.74 Mn |
| Mar 31, 2022 | 46.65 Mn |
| Mar 31, 2021 | 55.18 Mn |