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, down 207.19% year-on-year from $71.7 million in Q1 2025, and up 65.14% on a QoQ basis 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.
- Quarterly Income from Non-Controlling Interests fell 207.19% year-over-year to -$76.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$320.5 million (down 114.3% YoY) and the FY2025 annual result came in at -$268.3 million, down 71.05% from the prior year.
- Income from Non-Controlling Interests advanced to -$76.9 million in Q1 2026 per TSAT's latest filing, from -$220.6 million in the prior quarter.
- Over the last five years, Income from Non-Controlling Interests for TSAT reached as high as $276.1 million in Q2 2023 and fell as low as -$229.7 million in Q4 2024.
- A 5-year average of -$10.1 million and a median of $20.5 million in 2023 frame the typical range for Income from Non-Controlling Interests.
- The largest YoY upside for Income from Non-Controlling Interests was 3548.97% in 2024 against a maximum downside of 1221.99% in 2024.
- Year by year, Income from Non-Controlling Interests stood at $34.4 million in 2022, then sank by 40.42% to $20.5 million in 2023, then slumped by 1221.99% to -$229.7 million in 2024, then gained by 3.96% to -$220.6 million in 2025, then soared by 65.14% to -$76.9 million in 2026.
- According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered -$76.9 million, -$220.6 million, and -$62.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 448.81 Bn | 432.17 Bn | 10.08 Bn | - |
| 2 | Motorola Solutions | 70.34 Bn | 69.46 Bn | 1.36 Bn | 2.00 Mn |
| 3 | Hewlett Packard Enterprise | 62.64 Bn | 57.80 Bn | 9.10 Bn | - |
| 4 | Ciena | 52.02 Bn | 50.72 Bn | 625.52 Mn | - |
| 5 | Lumentum Holdings | 50.12 Bn | 46.95 Bn | 357.00 Mn | - |
| 6 | Nokia | 48.66 Bn | 41.35 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.18 Bn | 31.81 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 31.78 Bn | 26.11 Bn | 2.53 Bn | 3.15 Mn |
| 9 | AST SpaceMobile | 16.62 Bn | 16.62 Bn | 3.67 Mn | -58.57 Mn |
| 10 | Telesat | 553.78 Mn | 161.86 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 | -25.03 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 | 21.36 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 |