Telesat (TSAT) Retained Earnings (2019 - 2026)
Telesat's (TSAT) quarterly Retained Earnings came in at $86.0 million in Q2 2026, down 75.55% year-over-year from $351.7 million in Q2 2025, and down 58.58% quarter-over-quarter from $207.6 million in Q1 2026.
Analysis
Telesat (TSAT) Retained Earnings (2019 - 2026) Analysis & Trends
Telesat (TSAT) has reported Retained Earnings for 8 consecutive years, with $86.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Retained Earnings fell 75.55% year-over-year to $86.0 million in Q2 2026; TTM through Jun 2026 was $86.0 million, a 75.55% decrease from a year earlier, with the FY2025 full-year figure at $236.8 million, down 29.22% from the prior year.
- Retained Earnings was $86.0 million for Q2 2026 at Telesat, down from $207.6 million in the prior quarter.
- Over five years, Retained Earnings peaked at $429.2 million in Q3 2024 and troughed at $86.0 million in Q2 2026.
- A 5-year average of $313.2 million and a median of $323.4 million in 2025 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings slumped 76.67% in 2022 and jumped 58.72% in 2023, its largest moves.
- Over 5 years, Retained Earnings stood at $262.5 million in 2022, then surged by 49.46% to $392.3 million in 2023, then fell by 14.72% to $334.5 million in 2024, then retreated by 29.09% to $237.2 million in 2025, then slumped by 63.76% to $86.0 million in 2026.
- The last three Retained Earnings figures came in at $86.0 million (Q2 2026), $207.6 million (Q1 2026), and $237.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 5.44 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 3.15 Bn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 2.49 Bn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | -411.36 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | -387.28 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | 85.98 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | -1.18 Bn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 170.26 Mn |
Historic Data
Download Data
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 |