Telesat (TSAT) Income towards Parent Company (2020 - 2026)
Telesat (TSAT) posted quarterly Income towards Parent Company of -$110.1 million for Q1 2026, down 412.1% year-over-year from $35.3 million in Q1 2025, and down 22.27% quarter-over-quarter from -$90.0 million in Q4 2025.
Telesat (TSAT) Income towards Parent Company (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Income towards Parent Company for 7 consecutive years, with -$110.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Income towards Parent Company fell 412.1% year-over-year to -$110.1 million; the TTM figure through Mar 2026 stood at -$210.6 million (down 292.34% YoY), while the FY2025 annual figure was -$111.2 million, down 273.54% from the prior year.
- Income towards Parent Company eased to -$110.1 million in Q1 2026 per TSAT's latest filing, from -$90.0 million in the prior quarter.
- Across five years, Income towards Parent Company topped out at $102.2 million in Q2 2023 and bottomed at -$110.1 million in Q1 2026.
- Historically, Income towards Parent Company has averaged $786954.9 across 5 years, with a median of $10.3 million in 2022.
- Annual changes were most pronounced in 2024 — Income towards Parent Company jumped 2550.14% — and 2026, when it tumbled 412.1%.
- Telesat's Income towards Parent Company stood at $10.3 million in 2022, then retreated by 28.0% to $7.4 million in 2023, then surged by 374.19% to $35.2 million in 2024, then slumped by 355.98% to -$90.0 million in 2025, then dropped by 22.27% to -$110.1 million in 2026.
- Business Quant data shows TSAT's Income towards Parent Company at -$110.1 million in Q1 2026, -$90.0 million in Q4 2025, and -$25.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -110.07 Mn |
| Dec 31, 2025 | -90.03 Mn |
| Sep 30, 2025 | -25.63 Mn |
| Jun 30, 2025 | 15.15 Mn |
| Mar 31, 2025 | 35.27 Mn |
| Dec 31, 2024 | 35.17 Mn |
| Sep 30, 2024 | 13.12 Mn |
| Jun 30, 2024 | 25.92 Mn |
| Mar 31, 2024 | 17.90 Mn |
| Dec 31, 2023 | 7.42 Mn |
| Sep 30, 2023 | -535,578.08 |
| Jun 30, 2023 | 102.19 Mn |
| Mar 31, 2023 | 7.74 Mn |
| Dec 31, 2022 | 10.30 Mn |
| Sep 30, 2022 | -44.89 Mn |
| Jun 30, 2022 | -8.41 Mn |
| Mar 31, 2022 | 22.75 Mn |
| Dec 31, 2021 | 32.78 Mn |
| Sep 30, 2021 | -41.50 Mn |
| Jun 30, 2021 | 41.68 Mn |