Telesat annual gross profit
2019
2020
2021
2022
2023
2024
2025
Telesat Gross Profit Growth & History (TSAT)
Telesat's gross profit was $395.2M for fiscal 2025.
View full Telesat company overviewTelesat annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $395.2M | −$137.8M | −25.86% |
| 2024 | 2024-12-31 | $533.1M | −$132.6M | −19.92% |
| 2023 | 2023-12-31 | $665.6M | −$39.5M | −5.60% |
| 2022 | 2022-12-31 | $705.2M | −$22.8M | −3.14% |
| 2021 | 2021-12-31 | $728.0M | −$59.1M | −7.51% |
| 2020 | 2020-12-31 | $787.1M | −$86.6M | −9.91% |
| 2019 | 2019-12-31 | $873.7M | — | — |
Telesat quarterly gross profit
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $74.0M | −$27.7M | −27.24% |
| Q1 2026 | 2026-03-31 | $78.4M | −$31.6M | −28.72% |
| Q4 2025 | 2025-12-31 | $87.1M | — | — |
| Q3 2025 | 2025-09-30 | $96.3M | −$35.9M | −27.18% |
| Q2 2025 | 2025-06-30 | $101.8M | −$39.6M | −28.00% |
| Q1 2025 | 2025-03-31 | $110.0M | — | — |
| Q3 2024 | 2024-09-30 | $132.2M | — | — |
| Q2 2024 | 2024-06-30 | $141.3M | — | — |
Telesat gross profit trends
Over the last five fiscal years, Telesat's gross profit decreased from $787.1M to $395.2M, a change of −$391.9M. The latest reported quarter, Q2 2026, shows $74.0M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Telesat source filings ↗