Telesat Revenue Growth & History (TSAT)
Telesat reported $418.0M in revenue for fiscal 2025, a decrease of 26.81% from the previous fiscal year.
View full Telesat company overviewTelesat annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $418.0M | −$153.1M | −26.81% |
| 2024 | 2024-12-31 | $571.0M | −$133.1M | −18.90% |
| 2023 | 2023-12-31 | $704.2M | −$55.0M | −7.25% |
| 2022 | 2022-12-31 | $759.2M | $957,000 | +0.13% |
| 2021 | 2021-12-31 | $758.2M | −$62.3M | −7.59% |
| 2020 | 2020-12-31 | $820.5M | −$90.4M | −9.93% |
| 2019 | 2019-12-31 | $910.9M | — | — |
Telesat quarterly revenue
| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $79.5M | −$26.6M | −25.08% |
| Q1 2026 | 2026-03-31 | $87.1M | −$29.7M | −25.43% |
| Q4 2025 | 2025-12-31 | $94.0M | — | — |
| Q3 2025 | 2025-09-30 | $101.1M | −$37.4M | −27.00% |
| Q2 2025 | 2025-06-30 | $106.1M | −$46.3M | −30.39% |
| Q1 2025 | 2025-03-31 | $116.7M | — | — |
| Q3 2024 | 2024-09-30 | $138.4M | — | — |
| Q2 2024 | 2024-06-30 | $152.4M | — | — |
Telesat revenue growth trends
Over the last five reported fiscal years, revenue declined from $820.5M to $418.0M, a compound annual decline of 12.62%. Telesat's latest reported quarter, Q2 2026, generated $79.5M in revenue, a decrease of 25.08% year over year.
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Standardized company financials
TickerStat standardizes company financial facts for consistent comparison. Derived growth rates use the displayed values and are not guidance or forecasts.
Review Telesat source filings ↗Community posts
Telesat and Orange open first European Lightspeed gateway
Telesat ($TSAT) and Orange ($ORA-EURONEXT) inaugurated Europe’s first Telesat Lightspeed gateway at Bercenay-en-Othe in France. The facility connects satellite infrastructure with Orange’s terrestrial network and a Paris point of presence, ...