Telesat (TSAT) Profit After Tax (2020 - 2026)
Telesat (TSAT) posted quarterly Profit After Tax of -$110.1 million for Q1 2026, down 206.94% year-on-year from $102.9 million in Q1 2025, and up 67.94% on a QoQ basis from -$343.3 million in Q4 2025.
Telesat (TSAT) Profit After Tax (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Profit After Tax for 7 consecutive years, with -$110.1 million the latest figure, recorded in Q1 2026.
- Quarterly Profit After Tax fell 206.94% year-over-year to -$110.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$486.9 million (down 187.63% YoY) and the FY2025 annual result came in at $530.2 million, up 140.0% from the prior year.
- Profit After Tax improved to -$110.1 million in Q1 2026 per TSAT's latest filing, from -$343.3 million in the prior quarter.
- Over the last five years, Profit After Tax for TSAT reached as high as $447.2 million in Q4 2024 and fell as low as -$343.3 million in Q4 2025.
- A 5-year average of $34.6 million and a median of $29.1 million in 2023 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2022 — Profit After Tax slumped 322.57% — and 2024, when it jumped 3214.0%.
- Year by year, Profit After Tax stood at $66.9 million in 2022, then sank by 56.83% to $28.9 million in 2023, then surged by 1447.69% to $447.2 million in 2024, then sank by 176.76% to -$343.3 million in 2025, then jumped by 67.94% to -$110.1 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$110.1 million, -$343.3 million, and -$88.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.45 Bn | 436.81 Bn | 10.08 Bn | 3.37 Bn |
| 2 | Motorola Solutions | 70.49 Bn | 69.61 Bn | 1.36 Bn | 366.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.71 Bn | 58.87 Bn | 9.10 Bn | 452.00 Mn |
| 4 | Ciena | 53.14 Bn | 51.84 Bn | 625.52 Mn | 150.28 Mn |
| 5 | Lumentum Holdings | 51.53 Bn | 48.36 Bn | 357.00 Mn | 144.20 Mn |
| 6 | Nokia | 49.61 Bn | 42.30 Bn | 9.86 Bn | 1.01 Bn |
| 7 | Ubiquiti | 32.42 Bn | 32.06 Bn | 370.71 Mn | 233.91 Mn |
| 8 | Ericsson Lm Telephone | 32.12 Bn | 26.44 Bn | 2.53 Bn | 427.83 Mn |
| 9 | AST SpaceMobile | 16.71 Bn | 16.71 Bn | 3.67 Mn | -191.01 Mn |
| 10 | Telesat | 563.97 Mn | 172.05 Mn | 62.14 Mn | -110.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -110.07 Mn |
| Dec 31, 2025 | -343.31 Mn |
| Sep 30, 2025 | -87.98 Mn |
| Jun 30, 2025 | 54.51 Mn |
| Mar 31, 2025 | -35.86 Mn |
| Dec 31, 2024 | 447.23 Mn |
| Sep 30, 2024 | 49.73 Mn |
| Jun 30, 2024 | 94.51 Mn |
| Mar 31, 2024 | 129.26 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | -1.60 Mn |
| Jun 30, 2023 | 378.26 Mn |
| Mar 31, 2023 | 29.10 Mn |
| Dec 31, 2022 | 66.94 Mn |
| Sep 30, 2022 | -175.36 Mn |
| Jun 30, 2022 | -27.14 Mn |
| Mar 31, 2022 | 90.86 Mn |
| Dec 31, 2021 | 89.60 Mn |
| Sep 30, 2021 | -41.50 Mn |
| Jun 30, 2021 | -15.14 Mn |