Telesat (TSAT) Net Margin (2024 - 2026)
Telesat (TSAT) posted quarterly Net Margin of 173.39% for Q1 2026, down 21673.0% year-over-year from N/an in Q1 2025, and down 29.88% quarter-over-quarter 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.
- In Q1 2026, Net Margin fell 21673.0% year-over-year to 173.39%; the TTM figure through Mar 2026 stood at 74.96% (down 10332.0% YoY), while the FY2025 annual figure was 37.17%, down 5253.0% from the prior year.
- Net Margin fell to 173.39% in Q1 2026 per TSAT's latest filing, from 133.5% in the prior quarter.
- Across five years, Net Margin topped out at 43.35% in Q1 2025 and bottomed at 173.39% in Q1 2026.
- Historically, Net Margin has averaged 25.51% across 3 years, with a median of 16.36% in 2025.
- Annual changes were most pronounced in 2025 — Net Margin sank 347 bps — and 2026, when it plunged 21673 bps.
- Telesat's Net Margin stood at 38.38% in 2024, then sank by 448 bps to 133.5% in 2025, then slipped by 30 bps to 173.39% in 2026.
- Business Quant data shows TSAT's Net Margin at 173.39% in Q1 2026, 133.5% in Q4 2025, and 34.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 21.29% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 5.57% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 17.81% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 17.63% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 14,733.33% |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 13.89% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 29.68% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 7.68% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -951.52% |
| 10 | Telesat | 770.64 Mn | 378.73 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 | 43.35% |
| Dec 31, 2024 | 38.38% |
| Sep 30, 2024 | 12.93% |
| Jun 30, 2024 | 23.26% |