Telesat (TSAT) Interest Expenses (2020 - 2026)
Telesat (TSAT) posted quarterly Interest Expenses of $44.8 million for Q1 2026, up 13.5% year-over-year from $39.5 million in Q1 2025, and up 17.54% quarter-over-quarter 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.
- In Q1 2026, Interest Expenses rose 13.5% year-over-year to $44.8 million; the TTM figure through Mar 2026 stood at $167.2 million (down 1.53% YoY), while the FY2025 annual figure was $3.2 million, up 5.83% from the prior year.
- Interest Expenses grew to $44.8 million in Q1 2026 per TSAT's latest filing, from $38.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $49.6 million in Q4 2022 and bottomed at -$53.8 million in Q2 2023.
- Historically, Interest Expenses has averaged $10.1 million across 5 years, with a median of $39.5 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 169.9% — and 2024, when it surged 2261.98%.
- Telesat's Interest Expenses stood at $49.6 million in 2022, then declined by 3.44% to $47.9 million in 2023, then declined by 13.36% to $41.5 million in 2024, then slipped by 8.07% to $38.1 million in 2025, then advanced by 17.54% to $44.8 million in 2026.
- Business Quant data shows TSAT's Interest Expenses at $44.8 million in Q1 2026, $38.1 million in Q4 2025, and $42.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 1.93 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 413.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 662.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 70.40 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 382.00 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 4.70 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -67.41 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 23.60 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 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 |