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Telesat (TSAT) Operating Expenses: 2020-2025

Historic Operating Expenses for Telesat (TSAT) over the last 4 years, with Sep 2025 value amounting to -$42.0 million.

  • Telesat's Operating Expenses fell 24.81% to -$42.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $140.1 million, marking a year-over-year decrease of 9.03%. This contributed to the annual value of $151.8 million for FY2024, which is 0.10% up from last year.
  • Telesat's Operating Expenses amounted to -$42.0 million in Q3 2025, which was down 15.18% from -$36.5 million recorded in Q2 2025.
  • Telesat's Operating Expenses' 5-year high stood at $322.7 million during Q4 2022, with a 5-year trough of -$63.1 million in Q1 2022.
  • Its 3-year average for Operating Expenses is $16.3 million, with a median of -$36.9 million in 2023.
  • In the last 5 years, Telesat's Operating Expenses tumbled by 60.65% in 2021 and then surged by 41.53% in 2023.
  • Over the past 5 years, Telesat's Operating Expenses (Quarterly) stood at -$56.5 million in 2021, then dropped by 11.70% to $322.7 million in 2022, then decreased by 18.23% to $263.8 million in 2023, then fell by 3.12% to $255.6 million in 2024, then declined by 24.81% to -$42.0 million in 2025.
  • Its Operating Expenses was -$42.0 million in Q3 2025, compared to -$36.5 million in Q2 2025 and -$37.0 million in Q1 2025.