Telesat (TSAT) Retained Earnings (2019 - 2026)
Telesat (TSAT) posted quarterly Retained Earnings of $207.6 million for Q1 2026, down 34.77% year-on-year from $318.3 million in Q1 2025, and down 12.48% on a QoQ basis from $237.2 million in Q4 2025.
Telesat (TSAT) Retained Earnings (2019 - 2026) Analysis & Trends
Telesat (TSAT) has reported Retained Earnings for 8 consecutive years, with $207.6 million the latest figure, recorded in Q1 2026.
- Quarterly Retained Earnings fell 34.77% year-over-year to $207.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $207.6 million (down 34.77% YoY) and the FY2025 annual result came in at $236.8 million, down 30.63% from the prior year.
- Retained Earnings fell to $207.6 million in Q1 2026 per TSAT's latest filing, from $237.2 million in the prior quarter.
- Over the last five years, Retained Earnings for TSAT reached as high as $429.2 million in Q3 2024 and fell as low as $207.6 million in Q1 2026.
- A 5-year average of $326.5 million and a median of $328.5 million in 2025 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings surged 22890.97% — and 2026, when it slumped 34.77%.
- Year by year, Retained Earnings stood at $262.5 million in 2022, then jumped by 49.46% to $392.3 million in 2023, then declined by 14.72% to $334.5 million in 2024, then fell by 29.09% to $237.2 million in 2025, then retreated by 12.48% to $207.6 million in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered $207.6 million, $237.2 million, and $328.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 447.66 Bn | 431.02 Bn | 10.08 Bn | -793.00 Mn |
| 2 | Motorola Solutions | 69.99 Bn | 69.10 Bn | 1.36 Bn | 2.60 Bn |
| 3 | Hewlett Packard Enterprise | 62.66 Bn | 57.82 Bn | 9.10 Bn | -2.77 Bn |
| 4 | Ciena | 52.03 Bn | 50.73 Bn | 625.52 Mn | -38.72 Mn |
| 5 | Lumentum Holdings | 50.60 Bn | 47.43 Bn | 357.00 Mn | 7.00 Mn |
| 6 | Nokia | 48.80 Bn | 41.49 Bn | 9.86 Bn | 2.11 Bn |
| 7 | Ubiquiti | 32.09 Bn | 31.72 Bn | 370.71 Mn | 1.18 Bn |
| 8 | Ericsson Lm Telephone | 31.78 Bn | 26.11 Bn | 2.53 Bn | - |
| 9 | AST SpaceMobile | 16.68 Bn | 16.68 Bn | 3.67 Mn | -1.02 Bn |
| 10 | Telesat | 549.44 Mn | 157.52 Mn | 62.14 Mn | 207.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 207.61 Mn |
| Dec 31, 2025 | 237.22 Mn |
| Sep 30, 2025 | 328.53 Mn |
| Jun 30, 2025 | 351.72 Mn |
| Mar 31, 2025 | 318.28 Mn |
| Dec 31, 2024 | 334.54 Mn |
| Sep 30, 2024 | 429.22 Mn |
| Jun 30, 2024 | 414.86 Mn |
| Mar 31, 2024 | 388.30 Mn |
| Dec 31, 2023 | 392.28 Mn |
| Sep 30, 2023 | 390.38 Mn |
| Jun 30, 2023 | 389.74 Mn |
| Mar 31, 2023 | 280.75 Mn |
| Dec 31, 2022 | 262.47 Mn |
| Sep 30, 2022 | 245.96 Mn |
| Jun 30, 2022 | 291.95 Mn |
| Mar 31, 2022 | 287.38 Mn |
| Dec 31, 2021 | 1.14 Mn |
| Dec 31, 2020 | 971.49 Mn |
| Dec 31, 2019 | 781.02 Mn |