Telesat (TSAT) Operating Income (2020 - 2026)

Telesat (TSAT) has reported Operating Income for 7 consecutive years, with -$59.3 million the latest figure, recorded in Q1 2026.

• Quarterly Operating Income fell 375.97% year-over-year to -$59.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$299.2 million (down 469.94% YoY) and the FY2025 annual result came in at -$217.5 million, down 639.52% from the prior year.
• Operating Income advanced to -$59.3 million in Q1 2026 per TSAT's latest filing, from -$257.1 million in the prior quarter.
• Over the last five years, Operating Income for TSAT reached as high as $381.8 million in Q2 2023 and fell as low as -$257.1 million in Q4 2025.
• A 5-year average of $21.3 million and a median of $43.8 million in 2024 frame the typical range for Operating Income.
• The largest YoY upside for Operating Income was 935.33% in 2024 against a maximum downside of 2193.54% in 2024.
• Year by year, Operating Income stood at $50.4 million in 2022, then tumbled by 114.1% to -$7.1 million in 2023, then slumped by 2193.54% to -$162.9 million in 2024, then sank by 57.87% to -$257.1 million in 2025, then soared by 76.93% to -$59.3 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered -$59.3 million, -$257.1 million, and $4.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.