Telesat (TSAT) Operating Margin (2020 - 2026)

Telesat (TSAT) has reported Operating Margin for 7 consecutive years, with 16.02% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 3286.0% year-over-year to 16.02% in Q2 2026; TTM through Jun 2026 was 105.84%, a 7914.0% decrease from a year earlier, with the FY2025 full-year figure at 72.71%, down 6565.0% from the prior year.
• Operating Margin was 16.02% for Q2 2026 at Telesat, roughly flat from 16.02% in the prior quarter.
• Over five years, Operating Margin peaked at 235.25% in Q2 2023 and troughed at 381.29% in Q4 2025.
• A 5-year average of 4.21% and a median of 34.94% in 2022 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin jumped 19798 bps in 2023 and slumped 20353 bps in 2025, its largest moves.
• Over 5 years, Operating Margin stood at 33.08% in 2022, then sank by 118 bps to 5.83% in 2023, then tumbled by 2950 bps to 177.76% in 2024, then tumbled by 114 bps to 381.29% in 2025, then soared by 96 bps to 16.02% in 2026.
• The last three Operating Margin figures came in at 16.02% (Q2 2026), 16.02% (Q1 2026), and 381.29% (Q4 2025), per Business Quant data.