Telesat (TSAT) Minority Interest (2021 - 2025)

Telesat (TSAT) has reported Minority Interest for 5 consecutive years, with $888.3 million the latest figure, recorded in Q4 2025.

• Quarterly Minority Interest fell 30.54% year-over-year to $888.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $888.3 million (down 30.54% YoY) and the FY2025 annual result came in at $886.6 million, down 32.05% from the prior year.
• Minority Interest slipped to $888.3 million in Q4 2025 per TSAT's latest filing, from $1.1 billion in the prior quarter.
• Over the last five years, Minority Interest for TSAT reached as high as $1.4 billion in Q3 2024 and fell as low as $888.3 million in Q4 2025.
• A 5-year average of $1.2 billion and a median of $1.2 billion in 2025 frame the typical range for Minority Interest.
• Annual changes were most pronounced in 2023 — Minority Interest surged 30.88% — and 2025, when it slumped 30.54%.
• Year by year, Minority Interest stood at $1.0 billion in 2021, then decreased by 1.48% to $1.0 billion in 2022, then climbed by 27.47% to $1.3 billion in 2023, then increased by 0.23% to $1.3 billion in 2024, then slumped by 30.54% to $888.3 million in 2025.
• According to Business Quant data, Minority Interest over the past three periods registered $888.3 million, $1.1 billion, and $1.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.