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
DateValue
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