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
DateValue
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%