Telesat (TSAT) Operating Leases (2020 - 2026)
Telesat (TSAT) posted quarterly Operating Leases of $41.1 million for Q1 2026, up 53.2% on a QoQ basis 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.
- Quarterly Operating Leases changed N/A year-over-year to $41.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $41.1 million (changed N/A YoY) and the FY2025 annual result came in at $26.8 million, up 16.9% from the prior year.
- Operating Leases climbed to $41.1 million in Q1 2026 per TSAT's latest filing, from $26.8 million in the prior quarter.
- Over the last five years, Operating Leases for TSAT reached as high as $42.6 million in Q3 2025 and fell as low as $22.4 million in Q4 2024.
- A 5-year average of $31.7 million and a median of $26.8 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases jumped 1314.41% — and 2023, when it decreased 2.99%.
- Year by year, Operating Leases stood at $23.6 million in 2022, then slipped by 2.99% to $22.9 million in 2023, then declined by 1.87% to $22.4 million in 2024, then grew by 19.5% to $26.8 million in 2025, then jumped by 53.2% to $41.1 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $41.1 million, $26.8 million, and $42.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 449.54 Bn | 432.90 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 69.76 Bn | 68.88 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 63.38 Bn | 58.54 Bn | 9.10 Bn |
| 4 | Ciena | 52.70 Bn | 51.40 Bn | 625.52 Mn |
| 5 | Lumentum Holdings | 51.79 Bn | 48.61 Bn | 357.00 Mn |
| 6 | Nokia | 49.26 Bn | 41.95 Bn | 9.86 Bn |
| 7 | Ubiquiti | 32.02 Bn | 31.65 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 31.85 Bn | 26.17 Bn | 2.53 Bn |
| 9 | AST SpaceMobile | 16.70 Bn | 16.70 Bn | 3.67 Mn |
| 10 | Telesat | 567.26 Mn | 175.34 Mn | 62.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |