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
DateValue
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