Telesat TSAT
NASDAQ TSAT
$44.90 +0.85 (+1.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

Telesat (TSAT) Net Income (2020 - 2026)

Telesat's (TSAT) quarterly Net Income came in at -$403.8 million in Q2 2026, down 840.76% year-over-year from $54.5 million in Q2 2025, and down 266.84% quarter-over-quarter from -$110.1 million in Q1 2026.

Analysis

Telesat (TSAT) Net Income (2020 - 2026) Analysis & Trends

Telesat (TSAT) has reported Net Income for 7 consecutive years, with -$403.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Income fell 840.76% year-over-year to -$403.8 million in Q2 2026; TTM through Jun 2026 was -$912.5 million, a 262.43% decrease from a year earlier, with the FY2025 full-year figure at -$379.5 million, down 75.27% from the prior year.
  • Net Income was -$403.8 million for Q2 2026 at Telesat, down from -$110.1 million in the prior quarter.
  • Over five years, Net Income peaked at $386.4 million in Q2 2023 and troughed at -$403.8 million in Q2 2026.
  • A 5-year average of -$34.4 million and a median of -$3.0 million in 2023 frame the typical range for Net Income.
  • Across the five-year window, Net Income surged 11360.04% in 2023 and slumped 1207.91% in 2024, its largest moves.
  • Over 5 years, Net Income stood at $187.2 million in 2022, then plunged by 84.56% to $28.9 million in 2023, then sank by 1207.91% to -$320.1 million in 2024, then advanced by 2.97% to -$310.6 million in 2025, then dropped by 29.98% to -$403.8 million in 2026.
  • The last three Net Income figures came in at -$403.8 million (Q2 2026), -$110.1 million (Q1 2026), and -$310.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 EchoStar 26.05 Bn 24.60 Bn 1.65 Bn 8.46 Bn
2 AST SpaceMobile 24.25 Bn 24.75 Bn 9.12 Mn -299.92 Mn
3 Globalstar 10.67 Bn 10.26 Bn 41.17 Mn -26.54 Mn
4 Viasat 10.38 Bn 8.72 Bn 643.41 Mn -43.02 Mn
5 Iridium Communications 5.00 Bn 4.82 Bn 173.92 Mn 11.19 Mn
6 Telesat 666.48 Mn 973.30 Mn 53.65 Mn -403.79 Mn
7 Gogo 384.81 Mn 321.68 Mn - -2.01 Mn
8 Kvh Industries Inc \De\ 139.10 Mn 81.38 Mn 14.63 Mn 163,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -403.79 Mn
Mar 31, 2026 -110.07 Mn
Dec 31, 2025 -310.65 Mn
Sep 30, 2025 -87.98 Mn
Jun 30, 2025 54.51 Mn
Mar 31, 2025 -35.86 Mn
Dec 31, 2024 -320.15 Mn
Sep 30, 2024 49.73 Mn
Jun 30, 2024 94.51 Mn
Mar 31, 2024 -38.84 Mn
Dec 31, 2023 28.90 Mn
Sep 30, 2023 -2.62 Mn
Jun 30, 2023 386.39 Mn
Mar 31, 2023 21.02 Mn
Dec 31, 2022 187.16 Mn
Sep 30, 2022 -175.36 Mn
Jun 30, 2022 -3.43 Mn
Mar 31, 2022 47.87 Mn
Dec 31, 2021 95.42 Mn
Sep 30, 2021 -41.50 Mn