Telesat (TSAT) Interest Expenses (2020 - 2026)
Telesat (TSAT) posted quarterly Interest Expenses of $44.8 million for Q1 2026, up 13.5% year-on-year from $39.5 million in Q1 2025, and up 17.54% on a QoQ basis from $38.1 million in Q4 2025.
Telesat (TSAT) Interest Expenses (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Interest Expenses for 7 consecutive years, with $44.8 million the latest figure, recorded in Q1 2026.
- Quarterly Interest Expenses rose 13.5% year-over-year to $44.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $167.2 million (up 2218.1% YoY) and the FY2025 annual result came in at $3.2 million, up 5.83% from the prior year.
- Interest Expenses improved to $44.8 million in Q1 2026 per TSAT's latest filing, from $38.1 million in the prior quarter.
- Over the last five years, Interest Expenses for TSAT reached as high as $49.6 million in Q4 2022 and fell as low as -$53.8 million in Q2 2023.
- A 5-year average of $1.5 million and a median of -$2.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses plunged 2061.98% — and 2025, when it surged 198.25%.
- Year by year, Interest Expenses stood at $49.6 million in 2022, then decreased by 3.44% to $47.9 million in 2023, then decreased by 13.36% to $41.5 million in 2024, then fell by 8.07% to $38.1 million in 2025, then increased by 17.54% to $44.8 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $44.8 million, $38.1 million, and $42.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 1.93 Bn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 706.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | 336.00 Mn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 70.40 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 384.00 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 4.70 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | 21.70 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 239.00 Mn |
| 10 | Telesat | 576.55 Mn | 1.10 Bn | 62.14 Mn | 44.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.82 Mn |
| Mar 31, 2026 | 44.82 Mn |
| Dec 31, 2025 | 38.13 Mn |
| Dec 31, 2025 | 38.13 Mn |
| Sep 30, 2025 | 42.81 Mn |
| Sep 30, 2025 | 42.81 Mn |
| Jun 30, 2025 | 41.46 Mn |
| Jun 30, 2025 | 41.46 Mn |
| Mar 31, 2025 | 39.49 Mn |
| Mar 31, 2025 | 39.49 Mn |
| Dec 31, 2024 | 41.48 Mn |
| Dec 31, 2024 | 41.48 Mn |
| Sep 30, 2024 | -43.57 Mn |
| Sep 30, 2024 | -43.57 Mn |
| Jun 30, 2024 | -45.29 Mn |
| Jun 30, 2024 | -45.29 Mn |
| Mar 31, 2024 | -43.00 Mn |
| Mar 31, 2024 | -43.00 Mn |
| Dec 31, 2023 | 47.88 Mn |
| Dec 31, 2023 | 47.88 Mn |