Telesat (TSAT) Net Margin (2020 - 2026)
Telesat (TSAT) reported Net Margin of -58.31% for Q3 2026, down 23.41 percentage points from -34.90% a year earlier but up 150.24 percentage points from the prior quarter.
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Analysis
Telesat (TSAT) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Telesat's Net Margin came in at -112.91%, down 74.48 percentage points year-over-year; for FY2025, it was -37.17%, down 21.81 percentage points from FY2024.
- Net Margin has a five-year change of -67.01 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -15.36% in FY2024 (-37.67 pp), 22.31% in FY2023 (+25.39 pp), -3.08% in FY2022 (-14.32 pp) and 11.24% in FY2021 (-18.60 pp).
- Five-year quarterly Net Margin spans a low of -208.55% in Q2 2026 and a high of 76.35% in Q2 2023.
- Year over year, Net Margin has now declined in each of the last six quarters, with an average year-over-year change of -49.74 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q2 2023 (a gain of 82.09 percentage points); the low point was Q2 2026 (a drop of 230.09 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -208.55% (Q2 2026), -54.01% (Q1 2026) and -133.50% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 189.57 Bn | 155.91 Bn | 27.05 Bn | 15.15% |
| 2 | T-Mobile US | 177.30 Bn | 159.74 Bn | 15.13 Bn | 14.65% |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 2.65% |
| 4 | Grupo Televisa, S.A.B | 144.51 Bn | 136.19 Bn | - | - |
| 5 | Comcast | 85.95 Bn | 51.75 Bn | - | 11.77% |
| 6 | Chunghwa Telecom | 37.94 Bn | 30.67 Bn | - | - |
| 7 | Vodafone Group Public | 37.58 Bn | 6.97 Bn | - | - |
| 8 | EchoStar | 30.20 Bn | 11.24 Bn | 647.20 Mn | 246.74% |
| 9 | Bce | 20.05 Bn | 20.05 Bn | - | 9.97% |
| 10 | Telesat | 668.56 Mn | -923.58 Mn | - | -947.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -58.31% |
| Jun 30, 2026 | -208.55% |
| Mar 31, 2026 | -54.01% |
| Dec 31, 2025 | -133.50% |
| Sep 30, 2025 | -34.90% |
| Jun 30, 2025 | 21.54% |
| Mar 31, 2025 | -30.21% |
| Dec 31, 2024 | -98.68% |
| Sep 30, 2024 | 12.93% |
| Jun 30, 2024 | 23.26% |
| Mar 31, 2024 | -98.68% |
| Dec 31, 2023 | 6.09% |
| Sep 30, 2023 | -0.41% |
| Jun 30, 2023 | 76.35% |
| Mar 31, 2023 | 6.31% |
| Dec 31, 2022 | 11.19% |
| Sep 30, 2022 | -32.51% |
| Jun 30, 2022 | -5.74% |
| Mar 31, 2022 | 11.01% |
| Dec 31, 2021 | 22.99% |
API Access
Telesat Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();