Telesat (TSAT) Raw Materials (2019 - 2025)

Telesat (TSAT) has reported Raw Materials for 7 consecutive years, with $93.2 million the latest figure, recorded in Q4 2025.

• Quarterly Raw Materials fell 29.17% year-over-year to $93.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $93.2 million (down 29.17% YoY) and the FY2025 annual result came in at $93.1 million, down 30.71% from the prior year.
• Raw Materials declined to $93.2 million in Q4 2025 per TSAT's latest filing, from $106.4 million in the prior quarter.
• Over the last five years, Raw Materials for TSAT reached as high as $131.6 million in Q4 2024 and fell as low as $18.1 million in Q4 2021.
• A 5-year average of $72.0 million and a median of $67.7 million in 2023 frame the typical range for Raw Materials.
• Annual changes were most pronounced in 2021 — Raw Materials tumbled 37.48% — and 2022, when it soared 220.11%.
• Year by year, Raw Materials stood at $18.1 million in 2021, then surged by 220.11% to $57.9 million in 2022, then slipped by 2.83% to $56.3 million in 2023, then soared by 133.9% to $131.6 million in 2024, then retreated by 29.17% to $93.2 million in 2025.
• According to Business Quant data, Raw Materials over the past three periods registered $93.2 million, $106.4 million, and $87.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.