Telesat (TSAT) Operating Leases (2020 - 2026)
Telesat's (TSAT) quarterly Operating Leases came in at $46.4 million in Q2 2026, up 9.23% year-over-year from $42.5 million in Q2 2025, and up 12.92% quarter-over-quarter from $41.1 million in Q1 2026.
Analysis
Telesat (TSAT) Operating Leases (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Operating Leases for 7 consecutive years, with $46.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 9.23% year-over-year to $46.4 million in Q2 2026; TTM through Jun 2026 was $46.4 million, a 9.23% increase from a year earlier, with the FY2025 full-year figure at $26.8 million, up 19.28% from the prior year.
- Operating Leases was $46.4 million for Q2 2026 at Telesat, up from $41.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $46.4 million in Q2 2026 and troughed at $22.4 million in Q4 2024.
- A 5-year average of $33.5 million and a median of $33.9 million in 2026 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases jumped 1314.41% in 2022 and declined 2.99% in 2023, its largest moves.
- Over 5 years, Operating Leases stood at $23.6 million in 2022, then dropped by 2.99% to $22.9 million in 2023, then fell by 1.87% to $22.4 million in 2024, then increased by 19.5% to $26.8 million in 2025, then soared by 72.99% to $46.4 million in 2026.
- The last three Operating Leases figures came in at $46.4 million (Q2 2026), $41.1 million (Q1 2026), and $26.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.37 Mn |
| Mar 31, 2026 | 41.07 Mn |
| Dec 31, 2025 | 26.81 Mn |
| Sep 30, 2025 | 42.60 Mn |
| Jun 30, 2025 | 42.45 Mn |
| Dec 31, 2024 | 22.43 Mn |
| Dec 31, 2023 | 22.86 Mn |
| Dec 31, 2022 | 23.56 Mn |
| Dec 31, 2021 | 1.67 Mn |
| Dec 31, 2020 | 1.46 Mn |