Telesat (TSAT) Invested Capital (2019 - 2025)
Telesat (TSAT) reported Invested Capital of $1.9 billion for Q4 2025, up 4.3% year-over-year from $1.8 billion in Q4 2024, and up 13.24% quarter-over-quarter from $1.7 billion in Q3 2025.
Telesat (TSAT) Invested Capital (2019 - 2025) Analysis & Trends
Telesat (TSAT) has 7 years of Invested Capital data on file, last reported at $1.9 billion in Q4 2025.
- Invested Capital for Q4 2025 came in at $1.9 billion, up 4.3% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.9 billion (up 4.3% YoY), and the FY2025 annual result was $1.9 billion, up 4.62% from the prior year.
- Invested Capital improved to $1.9 billion in Q4 2025 per TSAT's latest filing, from $1.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $4.4 billion in Q4 2021 and troughed at $1.4 billion in Q4 2022.
- A 5-year average of $2.0 billion and a median of $1.8 billion in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Invested Capital tumbled 68.57% in 2022, then jumped 200.01% in 2023.
- A 5-year view of Invested Capital shows it stood at $4.4 billion in 2021, then slumped by 68.57% to $1.4 billion in 2022, then jumped by 200.01% to $4.1 billion in 2023, then slumped by 56.06% to $1.8 billion in 2024, then grew by 4.3% to $1.9 billion in 2025.
- Business Quant data shows TSAT's Invested Capital at $1.9 billion in Q4 2025, $1.7 billion in Q3 2025, and $1.7 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 71.76 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 3.93 Bn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 3.11 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 28.68 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 2.99 Bn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 1.20 Bn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 2.67 Bn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 1.15 Bn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 6.13 Bn |
| 10 | Telesat | 474.30 Mn | 108.43 Mn | - | 1.88 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.88 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 1.73 Bn |
| Dec 31, 2024 | 1.81 Bn |
| Sep 30, 2024 | 1.97 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 4.11 Bn |
| Sep 30, 2023 | 1.84 Bn |
| Jun 30, 2023 | 1.79 Bn |
| Mar 31, 2023 | 1.43 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 1.40 Bn |
| Jun 30, 2022 | 1.46 Bn |
| Mar 31, 2022 | 1.43 Bn |
| Dec 31, 2021 | 4.36 Bn |
| Dec 31, 2020 | 3.56 Bn |
| Dec 31, 2019 | 972.33 Mn |