Telesat (TSAT) Revenue (2024 - 2026)
Telesat (TSAT) posted quarterly Revenue of $63.5 million for Q1 2026, down 21.97% year-over-year from $81.4 million in Q1 2025, and down 5.86% quarter-over-quarter from $67.4 million in Q4 2025.
Telesat (TSAT) Revenue (2024 - 2026) Analysis & Trends
Telesat (TSAT) has reported Revenue for 3 consecutive years, with $63.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 21.97% year-over-year to $63.5 million; the TTM figure through Mar 2026 stood at $280.9 million (down 27.21% YoY), while the FY2025 annual figure was $299.1 million, down 28.28% from the prior year.
- Revenue declined to $63.5 million in Q1 2026 per TSAT's latest filing, from $67.4 million in the prior quarter.
- Across five years, Revenue topped out at $111.4 million in Q2 2024 and bottomed at $63.5 million in Q1 2026.
- Historically, Revenue has averaged $83.4 million across 3 years, with a median of $79.0 million in 2025.
- Annual changes were most pronounced in 2025 — Revenue slumped 31.29% — and 2026, when it slipped 21.97%.
- Telesat's Revenue stood at $91.6 million in 2024, then declined by 26.4% to $67.4 million in 2025, then retreated by 5.86% to $63.5 million in 2026.
- Business Quant data shows TSAT's Revenue at $63.5 million in Q1 2026, $67.4 million in Q4 2025, and $73.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 15.84 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 10.68 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 3.13 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 808.40 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 6.98 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 1.57 Bn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 788.20 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 5.63 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 31.52 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | 63.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.48 Mn |
| Dec 31, 2025 | 67.44 Mn |
| Sep 30, 2025 | 73.43 Mn |
| Jun 30, 2025 | 76.58 Mn |
| Mar 31, 2025 | 81.36 Mn |
| Dec 31, 2024 | 91.63 Mn |
| Sep 30, 2024 | 101.48 Mn |
| Jun 30, 2024 | 111.45 Mn |