Telesat (TSAT) Net Income (2020 - 2026)

Telesat (TSAT) has reported Net Income for 7 consecutive years, with -$110.1 million the latest figure, recorded in Q1 2026.

• Quarterly Net Income fell 206.94% year-over-year to -$110.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$454.2 million (down 114.47% YoY) and the FY2025 annual result came in at $530.2 million, up 75.3% from the prior year.
• Net Income improved to -$110.1 million in Q1 2026 per TSAT's latest filing, from -$310.6 million in the prior quarter.
• Over the last five years, Net Income for TSAT reached as high as $514.7 million in Q2 2023 and fell as low as -$320.1 million in Q4 2024.
• A 5-year average of -$13.2 million and a median of $21.0 million in 2023 frame the typical range for Net Income.
• Annual changes were most pronounced in 2023 — Net Income soared 15098.02% — and 2024, when it sank 1207.91%.
• Year by year, Net Income stood at $66.9 million in 2022, then sank by 56.83% to $28.9 million in 2023, then slumped by 1207.91% to -$320.1 million in 2024, then gained by 2.97% to -$310.6 million in 2025, then jumped by 64.57% to -$110.1 million in 2026.
• According to Business Quant data, Net Income over the past three periods registered -$110.1 million, -$310.6 million, and -$88.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.