Telesat (TSAT) Operating Income (2020 - 2026)
Telesat's (TSAT) quarterly Operating Income came in at -$9.2 million in Q2 2026, down 171.4% year-over-year from $12.9 million in Q2 2025, and up 0.86% quarter-over-quarter from -$9.3 million in Q1 2026.
Analysis
Telesat (TSAT) Operating Income (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Operating Income for 7 consecutive years, with -$9.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 171.4% year-over-year to -$9.2 million in Q2 2026; TTM through Jun 2026 was -$271.3 million, a 189.39% decrease from a year earlier, with the FY2025 full-year figure at -$217.5 million, down 654.56% from the prior year.
- Operating Income was -$9.2 million for Q2 2026 at Telesat, up from -$9.3 million in the prior quarter.
- Over five years, Operating Income peaked at $314.9 million in Q2 2023 and troughed at -$257.1 million in Q4 2025.
- A 5-year average of $22.7 million and a median of $44.4 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 921.04% in 2022 and plunged 2193.54% in 2024, its largest moves.
- Over 5 years, Operating Income stood at $50.4 million in 2022, then slumped by 114.1% to -$7.1 million in 2023, then sank by 2193.54% to -$162.9 million in 2024, then plunged by 57.87% to -$257.1 million in 2025, then jumped by 96.42% to -$9.2 million in 2026.
- The last three Operating Income figures came in at -$9.2 million (Q2 2026), -$9.3 million (Q1 2026), and -$257.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 512.94 Mn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -319.98 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -4.78 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 47.31 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 34.01 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -9.21 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 29.65 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | -76,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.21 Mn |
| Mar 31, 2026 | -9.29 Mn |
| Dec 31, 2025 | -257.12 Mn |
| Sep 30, 2025 | 4.34 Mn |
| Jun 30, 2025 | 12.89 Mn |
| Mar 31, 2025 | 12.45 Mn |
| Dec 31, 2024 | -162.88 Mn |
| Sep 30, 2024 | 43.79 Mn |
| Jun 30, 2024 | 45.09 Mn |
| Mar 31, 2024 | 59.74 Mn |
| Dec 31, 2023 | -7.10 Mn |
| Sep 30, 2023 | 56.17 Mn |
| Jun 30, 2023 | 314.88 Mn |
| Mar 31, 2023 | 75.31 Mn |
| Dec 31, 2022 | 50.37 Mn |
| Sep 30, 2022 | 57.04 Mn |
| Jun 30, 2022 | 54.54 Mn |
| Mar 31, 2022 | 68.37 Mn |
| Dec 31, 2021 | 75.34 Mn |
| Sep 30, 2021 | -6.95 Mn |