Telesat (TSAT) Retained Earnings (2019 - 2026)
Telesat (TSAT) posted quarterly Retained Earnings of $207.6 million for Q1 2026, down 34.77% year-over-year from $318.3 million in Q1 2025, and down 12.48% quarter-over-quarter 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.
- In Q1 2026, Retained Earnings fell 34.77% year-over-year to $207.6 million; the TTM figure through Mar 2026 stood at $207.6 million (down 34.77% YoY), while the FY2025 annual figure was $236.8 million, down 30.63% from the prior year.
- Retained Earnings slipped to $207.6 million in Q1 2026 per TSAT's latest filing, from $237.2 million in the prior quarter.
- Across five years, Retained Earnings topped out at $429.2 million in Q3 2024 and bottomed at $207.6 million in Q1 2026.
- Historically, Retained Earnings has averaged $326.5 million across 5 years, with a median of $328.5 million in 2025.
- Annual changes were most pronounced in 2022 — Retained Earnings soared 22890.97% — and 2026, when it slumped 34.77%.
- Telesat's Retained Earnings stood at $262.5 million in 2022, then jumped by 49.46% to $392.3 million in 2023, then decreased by 14.72% to $334.5 million in 2024, then slipped by 29.09% to $237.2 million in 2025, then dropped by 12.48% to $207.6 million in 2026.
- Business Quant data shows TSAT's Retained Earnings at $207.6 million in Q1 2026, $237.2 million in Q4 2025, and $328.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | -793.00 Mn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | -2.72 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 2.63 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 7.00 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 2.16 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | -2.80 Bn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 1.18 Bn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | - |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 3.15 Bn |
| 10 | Telesat | 770.64 Mn | 378.73 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 |