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Telesat (TSAT) Operating Income: 2019-2024

Historic Operating Income for Telesat (TSAT) over the last 6 years, with Dec 2024 value amounting to -$29.4 million.

  • Telesat's Operating Income fell 90.08% to $4.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$124.1 million, marking a year-over-year decrease of 195.02%. This contributed to the annual value of -$29.4 million for FY2024, which is 106.98% down from last year.
  • Per Telesat's latest filing, its Operating Income stood at -$29.4 million for FY2024, which was down 106.98% from $421.6 million recorded in FY2023.
  • Telesat's Operating Income's 5-year high stood at $421.6 million during FY2023, with a 5-year trough of -$29.4 million in FY2024.
  • Over the past 3 years, Telesat's median Operating Income value was $228.0 million (recorded in 2022), while the average stood at $206.7 million.
  • In the last 5 years, Telesat's Operating Income skyrocketed by 84.90% in 2023 and then tumbled by 106.98% in 2024.
  • Yearly analysis of 5 years shows Telesat's Operating Income stood at $302.0 million in 2020, then climbed by 8.11% to $326.5 million in 2021, then plummeted by 30.15% to $228.0 million in 2022, then spiked by 84.90% to $421.6 million in 2023, then slumped by 106.98% to -$29.4 million in 2024.