Telesat (TSAT) Operating Expenses (2020 - 2026)
Telesat (TSAT) reported Operating Expenses of -$44.62 million for the quarter ended Jun 30, 2026, compared with -$36.49 million a year earlier.
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Analysis
Telesat (TSAT) Operating Expenses (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Telesat's Operating Expenses came in at -$167.76 million; for the year ended Dec 31, 2025, it was -$151.57 million.
- By year, Operating Expenses came in at -$148.73 million in the year ended Dec 31, 2024, -$150.25 million in the year ended Dec 31, 2023, -$199.21 million in the year ended Dec 31, 2022 and -$189.07 million in the year ended Dec 31, 2021.
- Five-year quarterly Operating Expenses spans a low of -$64.37 million in the quarter ended Mar 31, 2022 and a high of -$32.02 million in the quarter ended Dec 31, 2021.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$45.01 million (quarter ended Mar 31, 2026), -$36.09 million (quarter ended Dec 31, 2025) and -$42.04 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 17.30 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 24.52 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -117.85 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 24.78 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 309.31 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 3.06 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 329.10 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | -2.51 Bn |
| 10 | Telesat | 703.44 Mn | -88.10 Mn | 53.65 Mn | -44.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -44.62 Mn |
| Mar 31, 2026 | -45.01 Mn |
| Dec 31, 2025 | -36.09 Mn |
| Sep 30, 2025 | -42.04 Mn |
| Jun 30, 2025 | -36.49 Mn |
| Mar 31, 2025 | -35.23 Mn |
| Dec 31, 2024 | -41.83 Mn |
| Sep 30, 2024 | -33.67 Mn |
| Jun 30, 2024 | -41.15 Mn |
| Mar 31, 2024 | -43.37 Mn |
| Dec 31, 2023 | -36.65 Mn |
| Sep 30, 2023 | -36.96 Mn |
| Jun 30, 2023 | -41.10 Mn |
| Mar 31, 2023 | -36.91 Mn |
| Dec 31, 2022 | -47.42 Mn |
| Sep 30, 2022 | -42.74 Mn |
| Jun 30, 2022 | -33.98 Mn |
| Mar 31, 2022 | -64.37 Mn |
| Dec 31, 2021 | -32.02 Mn |
| Sep 30, 2021 | -47.67 Mn |
API Access
Telesat Operating Expenses 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=operating-expenses&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();