Telesat (TSAT) Minority Interest (2021 - 2026)
Telesat's (TSAT) quarterly Minority Interest came in at $584.3 million in Q2 2026, down 49.49% year-over-year from $1.2 billion in Q2 2025, and down 30.02% quarter-over-quarter from $834.9 million in Q1 2026.
Analysis
Telesat (TSAT) Minority Interest (2021 - 2026) Analysis & Trends
Telesat (TSAT) has reported Minority Interest for 6 consecutive years, with $584.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Minority Interest fell 49.49% year-over-year to $584.3 million in Q2 2026; TTM through Jun 2026 was $584.3 million, a 49.49% decrease from a year earlier, with the FY2025 full-year figure at $886.6 million, down 30.67% from the prior year.
- Minority Interest was $584.3 million for Q2 2026 at Telesat, down from $834.9 million in the prior quarter.
- Over five years, Minority Interest peaked at $1.4 billion in Q3 2024 and troughed at $584.3 million in Q2 2026.
- A 5-year average of $1.1 billion and a median of $1.2 billion in 2025 frame the typical range for Minority Interest.
- Across the five-year window, Minority Interest surged 30.88% in 2023 and tumbled 49.49% in 2026, its largest moves.
- Over 5 years, Minority Interest stood at $1.0 billion in 2022, then grew by 27.47% to $1.3 billion in 2023, then rose by 0.23% to $1.3 billion in 2024, then sank by 30.54% to $888.3 million in 2025, then tumbled by 34.23% to $584.3 million in 2026.
- The last three Minority Interest figures came in at $584.3 million (Q2 2026), $834.9 million (Q1 2026), and $888.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 584.28 Mn |
| Mar 31, 2026 | 834.92 Mn |
| Dec 31, 2025 | 888.31 Mn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.39 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.31 Bn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 1.00 Bn |
| Sep 30, 2022 | 995.77 Mn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.02 Bn |