Telesat (TSAT) Non Operating Interest Expenses (2020 - 2026)
Telesat's (TSAT) quarterly Non Operating Interest Expenses came in at -$36.5 million in Q2 2026, up 5.78% year-over-year from -$34.5 million in Q2 2025, and up 0.86% quarter-over-quarter from -$36.8 million in Q1 2026.
Analysis
Telesat (TSAT) Non Operating Interest Expenses (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Non Operating Interest Expenses for 7 consecutive years, with -$36.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non Operating Interest Expenses rose 5.78% year-over-year to -$36.5 million in Q2 2026; TTM through Jun 2026 was -$74.5 million, a 4.7% increase from a year earlier, with the FY2025 full-year figure at -$155.8 million, up 10.72% from the prior year.
- Non Operating Interest Expenses was -$36.5 million for Q2 2026 at Telesat, up from -$36.8 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $49.6 million in Q4 2022 and troughed at -$51.0 million in Q2 2023.
- A 5-year average of -$19.2 million and a median of -$39.0 million in 2025 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses jumped 220.87% in 2022 and tumbled 230.99% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $49.6 million in 2022, then slipped by 3.44% to $47.9 million in 2023, then slipped by 13.36% to $41.5 million in 2024, then retreated by 8.07% to $38.1 million in 2025, then tumbled by 195.64% to -$36.5 million in 2026.
- The last three Non Operating Interest Expenses figures came in at -$36.5 million (Q2 2026), -$36.8 million (Q1 2026), and $38.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 82.30 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | - |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -36.47 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 17.59 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.47 Mn |
| Mar 31, 2026 | -36.79 Mn |
| Dec 31, 2025 | 38.13 Mn |
| Sep 30, 2025 | -39.38 Mn |
| Jun 30, 2025 | -38.71 Mn |
| Mar 31, 2025 | -37.38 Mn |
| Dec 31, 2024 | 41.48 Mn |
| Sep 30, 2024 | -43.57 Mn |
| Jun 30, 2024 | -45.29 Mn |
| Mar 31, 2024 | -43.00 Mn |
| Dec 31, 2023 | 47.88 Mn |
| Sep 30, 2023 | -50.54 Mn |
| Jun 30, 2023 | -51.03 Mn |
| Mar 31, 2023 | -48.21 Mn |
| Dec 31, 2022 | 49.58 Mn |
| Sep 30, 2022 | -43.15 Mn |
| Jun 30, 2022 | 38.96 Mn |
| Mar 31, 2022 | -48.50 Mn |
| Dec 31, 2021 | 38.75 Mn |
| Sep 30, 2021 | -40.27 Mn |