Telesat (TSAT) Operating Margin (2024 - 2026)
Telesat (TSAT) posted quarterly Operating Margin of 93.46% for Q1 2026, down 11988.0% year-on-year from N/an in Q1 2025, and up 75.49% on a QoQ basis from 381.29% in Q4 2025.
Telesat (TSAT) Operating Margin (2024 - 2026) Analysis & Trends
Telesat (TSAT) has reported Operating Margin for 3 consecutive years, with 93.46% the latest figure, recorded in Q1 2026.
- Quarterly Operating Margin fell 11988.0% year-over-year to 93.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 106.51% (down 9291.0% YoY) and the FY2025 annual result came in at 72.71%, down 6565.0% from the prior year.
- Operating Margin climbed to 93.46% in Q1 2026 per TSAT's latest filing, from 381.29% in the prior quarter.
- Over the last five years, Operating Margin for TSAT reached as high as 43.15% in Q3 2024 and fell as low as 381.29% in Q4 2025.
- A 3-year average of 64.97% and a median of 11.38% in 2025 frame the typical range for Operating Margin.
- The largest YoY upside for Operating Margin was 2362 bps in 2025 against a maximum downside of 20353 bps in 2025.
- Year by year, Operating Margin stood at 177.76% in 2024, then plunged by 114 bps to 381.29% in 2025, then soared by 75 bps to 93.46% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 93.46%, 381.29%, and 5.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.46 Bn | 432.82 Bn | 10.08 Bn | 25.00% |
| 2 | Motorola Solutions | 70.47 Bn | 69.58 Bn | 1.36 Bn | 19.34% |
| 3 | Hewlett Packard Enterprise | 62.71 Bn | 57.87 Bn | 9.10 Bn | 5.05% |
| 4 | Ciena | 52.07 Bn | 50.77 Bn | 625.52 Mn | 13.27% |
| 5 | Lumentum Holdings | 50.37 Bn | 47.20 Bn | 357.00 Mn | 21.59% |
| 6 | Nokia | 48.77 Bn | 41.46 Bn | 9.86 Bn | -2,316.67% |
| 7 | Ubiquiti | 32.13 Bn | 31.76 Bn | 370.71 Mn | 36.90% |
| 8 | Ericsson Lm Telephone | 31.92 Bn | 26.24 Bn | 2.53 Bn | 11.23% |
| 9 | AST SpaceMobile | 16.55 Bn | 16.55 Bn | 3.67 Mn | -1,089.07% |
| 10 | Telesat | 550.79 Mn | 158.87 Mn | 62.14 Mn | -93.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -93.46% |
| Dec 31, 2025 | -381.29% |
| Sep 30, 2025 | 5.91% |
| Jun 30, 2025 | 16.84% |
| Mar 31, 2025 | 26.42% |
| Dec 31, 2024 | -177.76% |
| Sep 30, 2024 | 43.15% |
| Jun 30, 2024 | 40.45% |