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Side-by-side financial comparison of AMERISAFE INC (AMSF) and Telesat Corp (TSAT). Click either name above to swap in a different company.

AMERISAFE INC is the larger business by last-quarter revenue ($80.1M vs $73.8M, roughly 1.1× Telesat Corp). AMERISAFE INC runs the higher net margin — 10.2% vs -119.8%, a 130.0% gap on every dollar of revenue. Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs -64.0%).

AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.

Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.

AMSF vs TSAT — Head-to-Head

Bigger by revenue
AMSF
AMSF
1.1× larger
AMSF
$80.1M
$73.8M
TSAT
Higher net margin
AMSF
AMSF
130.0% more per $
AMSF
10.2%
-119.8%
TSAT
Faster 2-yr revenue CAGR
AMSF
AMSF
Annualised
AMSF
2.8%
-64.0%
TSAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AMSF
AMSF
TSAT
TSAT
Revenue
$80.1M
$73.8M
Net Profit
$8.1M
$-88.4M
Gross Margin
95.3%
Operating Margin
5.9%
Net Margin
10.2%
-119.8%
Revenue YoY
10.3%
Net Profit YoY
-9.0%
EPS (diluted)
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMSF
AMSF
TSAT
TSAT
Q1 26
$80.1M
Q4 25
$81.6M
Q3 25
$82.0M
$73.8M
Q2 25
$81.1M
$77.5M
Q1 25
$72.6M
$152.2M
Q4 24
$74.0M
Q3 24
$78.7M
Q2 24
$75.8M
$363.2M
Net Profit
AMSF
AMSF
TSAT
TSAT
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
$-88.4M
Q2 25
$14.0M
$55.1M
Q1 25
$8.9M
$-52.3M
Q4 24
$13.2M
Q3 24
$14.3M
Q2 24
$11.0M
$547.4M
Gross Margin
AMSF
AMSF
TSAT
TSAT
Q1 26
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
AMSF
AMSF
TSAT
TSAT
Q1 26
Q4 25
15.6%
Q3 25
21.3%
5.9%
Q2 25
21.5%
16.8%
Q1 25
15.5%
Q4 24
22.7%
Q3 24
22.6%
Q2 24
18.1%
Net Margin
AMSF
AMSF
TSAT
TSAT
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
-119.8%
Q2 25
17.2%
71.2%
Q1 25
12.3%
-34.4%
Q4 24
17.8%
Q3 24
18.2%
Q2 24
14.5%
150.7%
EPS (diluted)
AMSF
AMSF
TSAT
TSAT
Q1 26
$0.43
Q4 25
$0.55
Q3 25
$0.72
Q2 25
$0.73
Q1 25
$0.47
Q4 24
$0.69
Q3 24
$0.75
Q2 24
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMSF
AMSF
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$34.2M
$352.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$1.6B
Total Assets
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
TSAT
TSAT
Q1 26
$34.2M
Q4 25
$61.9M
Q3 25
$54.7M
$352.3M
Q2 25
$48.5M
$399.6M
Q1 25
$44.8M
$552.1M
Q4 24
$44.1M
Q3 24
$63.7M
Q2 24
$30.6M
$1.7B
Stockholders' Equity
AMSF
AMSF
TSAT
TSAT
Q1 26
$246.6M
Q4 25
$251.6M
Q3 25
$274.8M
$1.6B
Q2 25
$265.6M
$1.7B
Q1 25
$260.8M
$2.5B
Q4 24
$257.3M
Q3 24
$314.4M
Q2 24
$301.0M
$2.4B
Total Assets
AMSF
AMSF
TSAT
TSAT
Q1 26
Q4 25
$1.1B
Q3 25
$1.2B
$5.1B
Q2 25
$1.2B
$4.9B
Q1 25
$1.2B
$6.9B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.2B
$6.3B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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