Telesat (TSAT) Net Margin (2024 - 2026)
Telesat (TSAT) posted quarterly Net Margin of 173.39% for Q1 2026, down 6585.0% year-on-year from 2.67% in Q1 2025, and down 29.88% on a QoQ basis from 133.5% in Q4 2025.
Telesat (TSAT) Net Margin (2024 - 2026) Analysis & Trends
Telesat (TSAT) has reported Net Margin for 3 consecutive years, with 173.39% the latest figure, recorded in Q1 2026.
- Quarterly Net Margin fell 6585.0% year-over-year to 173.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 74.96% (down 3897.0% YoY) and the FY2025 annual result came in at 37.17%, down 5820.0% from the prior year.
- Net Margin eased to 173.39% in Q1 2026 per TSAT's latest filing, from 133.5% in the prior quarter.
- Over the last five years, Net Margin for TSAT reached as high as 23.26% in Q2 2024 and fell as low as 173.39% in Q1 2026.
- A 3-year average of 61.5% and a median of 66.79% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin sank 347 bps — and 2026, when it slumped 6585 bps.
- Year by year, Net Margin stood at 98.68% in 2024, then slumped by 35 bps to 133.5% in 2025, then fell by 30 bps to 173.39% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 173.39%, 133.5%, and 34.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.46 Bn | 432.82 Bn | 10.08 Bn | 21.29% |
| 2 | Motorola Solutions | 70.47 Bn | 69.58 Bn | 1.36 Bn | 13.56% |
| 3 | Hewlett Packard Enterprise | 62.71 Bn | 57.87 Bn | 9.10 Bn | 4.55% |
| 4 | Ciena | 52.07 Bn | 50.77 Bn | 625.52 Mn | 10.53% |
| 5 | Lumentum Holdings | 50.37 Bn | 47.20 Bn | 357.00 Mn | 17.63% |
| 6 | Nokia | 48.77 Bn | 41.46 Bn | 9.86 Bn | 14,733.33% |
| 7 | Ubiquiti | 32.13 Bn | 31.76 Bn | 370.71 Mn | 29.68% |
| 8 | Ericsson Lm Telephone | 31.92 Bn | 26.24 Bn | 2.53 Bn | 7.68% |
| 9 | AST SpaceMobile | 16.55 Bn | 16.55 Bn | 3.67 Mn | -1,693.80% |
| 10 | Telesat | 550.79 Mn | 158.87 Mn | 62.14 Mn | -173.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -173.39% |
| Dec 31, 2025 | -133.50% |
| Sep 30, 2025 | -34.90% |
| Jun 30, 2025 | 19.79% |
| Mar 31, 2025 | -107.53% |
| Dec 31, 2024 | -98.68% |
| Sep 30, 2024 | 12.93% |
| Jun 30, 2024 | 23.26% |