Telesat (TSAT) Operating Leases (2020 - 2026)

Telesat (TSAT) posted quarterly Operating Leases of $41.1 million for Q1 2026, up 53.2% quarter-over-quarter from $26.8 million in Q4 2025.

Telesat (TSAT) Operating Leases (2020 - 2026) Analysis & Trends

Telesat (TSAT) has reported Operating Leases for 7 consecutive years, with $41.1 million the latest figure, recorded in Q1 2026.

In Q1 2026, Operating Leases changed N/A year-over-year to $41.1 million; the TTM figure through Mar 2026 stood at $41.1 million (changed N/A YoY), while the FY2025 annual figure was $26.8 million, up 16.9% from the prior year.
Operating Leases rose to $41.1 million in Q1 2026 per TSAT's latest filing, from $26.8 million in the prior quarter.
Across five years, Operating Leases topped out at $42.6 million in Q3 2025 and bottomed at $22.4 million in Q4 2024.
Historically, Operating Leases has averaged $31.7 million across 5 years, with a median of $26.8 million in 2025.
Annual changes were most pronounced in 2022 — Operating Leases surged 1314.41% — and 2023, when it fell 2.99%.
Telesat's Operating Leases stood at $23.6 million in 2022, then fell by 2.99% to $22.9 million in 2023, then decreased by 1.87% to $22.4 million in 2024, then gained by 19.5% to $26.8 million in 2025, then jumped by 53.2% to $41.1 million in 2026.
Business Quant data shows TSAT's Operating Leases at $41.1 million in Q1 2026, $26.8 million in Q4 2025, and $42.6 million in Q3 2025.

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10	Telesat	770.64 Mn	378.73 Mn	62.14 Mn

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