Telesat (TSAT) Revenue & Revenue Breakdown


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Telesat Revenue Highlights


Latest Revenue (Y)

$704.16M

Latest Revenue (Q)

$152.18M

Main Segment (Y)

Enterprise Member

Main Geography (Y)

Canada1Member

Telesat Revenue by Period


Telesat Revenue by Year

DateRevenueChange
2023-12-31$704.16M-7.25%
2022-12-31$759.17M0.13%
2021-12-31$758.21M-7.59%
2020-12-31$820.47M-9.93%
2019-12-31$910.89M-

Telesat generated $704.16M in revenue during NA 2023, up -7.25% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Telesat Revenue by Quarter

DateRevenueChange
2024-03-31$152.18M-8.27%
2023-12-31$165.90M-5.25%
2023-09-30$175.09M-2.60%
2023-06-30$179.75M-2.00%
2023-03-31$183.42M-11.25%
2022-12-31$206.68M14.76%
2022-09-30$180.10M-3.49%
2022-06-30$186.61M0.45%
2022-03-31$185.77M-0.92%
2021-12-31$187.50M-2.52%
2021-09-30$192.34M2.37%
2021-06-30$187.89M-1.37%
2021-03-31$190.49M-7.13%
2020-12-31$205.12M-
2020-09-30$205.12M-
2020-06-30$205.12M-
2020-03-31$205.12M-9.93%
2019-12-31$227.72M-
2019-09-30$227.72M-
2019-06-30$227.72M-
2019-03-31$227.72M-

Telesat generated $152.18M in revenue during Q1 2024, up -8.27% compared to the previous quarter, and up 73.63% compared to the same period a year ago.

Telesat Revenue Breakdown


Telesat Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Enterprise Member$359.74M$28.07M-
EnterpriseMember--$10.02M
BroadcastMember--$67.00K

Telesat's latest annual revenue breakdown by segment (product or service), as of Dec 23: Enterprise Member (100.00%).

Telesat Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21
EuropeMiddleEastAfricaMember$40.82M
UnitedStates1Member$292.47M
LatinAmericaCaribbeanMember$55.82M
AsiaAustraliaMember$38.27M
Canada1Member$330.83M

Telesat's latest annual revenue breakdown by geography, as of Dec 21: Canada1Member (43.63%), UnitedStates1Member (38.57%), LatinAmericaCaribbeanMember (7.36%), EuropeMiddleEastAfricaMember (5.38%), and AsiaAustraliaMember (5.05%).

Telesat Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CMTLComtech Telecommunications$581.70B$128.08M
ADTNADTRAN$1.15B$225.99M
TSATTelesat$704.16M$152.18M
KNKnowles$462.30M$204.70M
DGIIDigi$444.85M$107.70M
AVNWAviat Networks$346.59M$111.61M
ITRNIturan Location and Control$319.98M$85.03M
KVHIKVH Industries$132.38M$28.67M
SILCSilicom$124.13M$14.37M
MYNAMynaric$5.39M$962.00K

TSAT Revenue FAQ


Telesat's yearly revenue for 2023 was $704.16M, representing a decrease of -7.25% compared to 2022. The company's yearly revenue for 2022 was $759.17M, representing an increase of 0.13% compared to 2021. TSAT's yearly revenue for 2021 was $758.21M, representing a decrease of -7.59% compared to 2020.

Telesat's quarterly revenue for Q1 2024 was $152.18M, a -8.27% decrease from the previous quarter (Q4 2023), and a -17.04% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $165.9M, a -5.25% decrease from the previous quarter (Q3 2023), and a -19.73% decrease year-over-year (Q4 2022). TSAT's quarterly revenue for Q3 2023 was $175.09M, a -2.60% decrease from the previous quarter (Q2 2023), and a -2.79% decrease year-over-year (Q3 2022).

Telesat's revenue growth rate for the last 3 years (2021-2023) was -7.13%, and for the last 5 years (2019-2023) was -22.70%.

Telesat's revenue streams in c 23 are Enterprise Member

For the fiscal year ending Dec 23, the largest source of revenue of Telesat was Enterprise Member. This segment made a revenue of $359.74M, representing 100.00% of the company's total revenue.