Telesat annual gross margin
2019
2020
2021
2022
2023
2024
2025
Telesat Gross Margin Growth & History (TSAT)
Telesat's gross margin was 94.56% for fiscal 2025.
View full Telesat company overviewTelesat annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 94.56% | +1.21 pp |
| 2024 | 2024-12-31 | 93.35% | −1.18 pp |
| 2023 | 2023-12-31 | 94.53% | +1.64 pp |
| 2022 | 2022-12-31 | 92.89% | −3.13 pp |
| 2021 | 2021-12-31 | 96.01% | +0.08 pp |
| 2020 | 2020-12-31 | 95.93% | +0.02 pp |
| 2019 | 2019-12-31 | 95.91% | — |
Telesat quarterly gross margin
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 93.15% | −2.76 pp |
| Q1 2026 | 2026-03-31 | 90.09% | −4.16 pp |
| Q4 2025 | 2025-12-31 | 92.67% | — |
| Q3 2025 | 2025-09-30 | 95.28% | −0.23 pp |
| Q2 2025 | 2025-06-30 | 95.91% | +3.18 pp |
| Q1 2025 | 2025-03-31 | 94.25% | — |
| Q3 2024 | 2024-09-30 | 95.51% | — |
| Q2 2024 | 2024-06-30 | 92.72% | — |
Telesat gross margin trends
Over the last five fiscal years, Telesat's gross margin decreased from 95.93% to 94.56%, a change of −1.37 percentage points. The latest reported quarter, Q2 2026, shows 93.15%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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