Telesat (TSAT) Retained Earnings (2019 - 2026)
Telesat (TSAT) posted Retained Earnings of $85.98 million for the quarter ended Jun 30, 2026, down 75.6% from $351.72 million a year earlier and down 58.6% from the prior quarter.
Telesat (TSAT) Retained Earnings (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Telesat's Retained Earnings came in at $236.77 million, down 29.2% from the prior year.
- Annual Retained Earnings shows a five-year compound annual growth rate of -24.2% (years ended Dec 2020 to Dec 2025).
- In prior years, Telesat's Retained Earnings was $334.54 million in the year ended Dec 31, 2024 (-14.7%), $392.28 million in the year ended Dec 31, 2023 (+43.2%), $274.03 million in the year ended Dec 31, 2022 (-1.9%) and $279.31 million in the year ended Dec 31, 2021 (-70.5%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Retained Earnings in data going back to the quarter ended Dec 31, 2019.
- On a year-over-year basis, Retained Earnings has declined in each of the last seven quarters, with an average decline of 25.1% over the last eight quarters.
- The strongest year-over-year quarter for Retained Earnings in the past five years was the quarter ended Sep 30, 2023, with growth of 58.7%; the weakest was the quarter ended Sep 30, 2022, with a decline of 76.7%.
- According to Business Quant data, Retained Earnings for the three prior quarters was $207.61 million (quarter ended Mar 31, 2026), $237.22 million (quarter ended Dec 31, 2025) and $328.53 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 97.73 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 24.69 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 20.29 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 5.88 Bn |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | 60.30 Bn |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | 17.52 Bn |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 5.44 Bn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | -1.25 Bn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | -1.52 Bn |
| 10 | Telesat | 679.99 Mn | -111.55 Mn | 53.65 Mn | 85.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.98 Mn |
| 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 | 277.69 Mn |
| Sep 30, 2021 | 1.05 Bn |
Telesat Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=TSAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "TSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();