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
DateValue
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