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

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $73.8M, roughly 1.5× Telesat Corp). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -119.8%, a 153.2% gap on every dollar of revenue. Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -64.0%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

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

BY vs TSAT — Head-to-Head

Bigger by revenue
BY
BY
1.5× larger
BY
$112.4M
$73.8M
TSAT
Higher net margin
BY
BY
153.2% more per $
BY
33.4%
-119.8%
TSAT
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-64.0%
TSAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BY
BY
TSAT
TSAT
Revenue
$112.4M
$73.8M
Net Profit
$37.6M
$-88.4M
Gross Margin
95.3%
Operating Margin
5.9%
Net Margin
33.4%
-119.8%
Revenue YoY
9.0%
Net Profit YoY
33.0%
EPS (diluted)
$0.83

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
BY
BY
TSAT
TSAT
Q1 26
$112.4M
Q4 25
$117.0M
Q3 25
$115.7M
$73.8M
Q2 25
$110.5M
$77.5M
Q1 25
$103.1M
$152.2M
Q4 24
$104.7M
Q3 24
$101.8M
Q2 24
$99.4M
$363.2M
Net Profit
BY
BY
TSAT
TSAT
Q1 26
$37.6M
Q4 25
$34.5M
Q3 25
$37.2M
$-88.4M
Q2 25
$30.1M
$55.1M
Q1 25
$28.2M
$-52.3M
Q4 24
$30.3M
Q3 24
$30.3M
Q2 24
$29.7M
$547.4M
Gross Margin
BY
BY
TSAT
TSAT
Q1 26
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
BY
BY
TSAT
TSAT
Q1 26
Q4 25
40.1%
Q3 25
43.1%
5.9%
Q2 25
35.2%
16.8%
Q1 25
36.4%
Q4 24
38.6%
Q3 24
39.3%
Q2 24
40.4%
Net Margin
BY
BY
TSAT
TSAT
Q1 26
33.4%
Q4 25
34.1%
Q3 25
32.1%
-119.8%
Q2 25
27.2%
71.2%
Q1 25
27.4%
-34.4%
Q4 24
34.3%
Q3 24
29.8%
Q2 24
29.9%
150.7%
EPS (diluted)
BY
BY
TSAT
TSAT
Q1 26
$0.83
Q4 25
$0.77
Q3 25
$0.82
Q2 25
$0.66
Q1 25
$0.64
Q4 24
$0.68
Q3 24
$0.69
Q2 24
$0.68

Balance Sheet & Financial Strength

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

Metric
BY
BY
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$198.4M
$352.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.6B
Total Assets
$9.9B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
TSAT
TSAT
Q1 26
$198.4M
Q4 25
$149.1M
Q3 25
$259.0M
$352.3M
Q2 25
$218.3M
$399.6M
Q1 25
$421.3M
$552.1M
Q4 24
$563.1M
Q3 24
$452.6M
Q2 24
$730.5M
$1.7B
Stockholders' Equity
BY
BY
TSAT
TSAT
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$1.2B
$1.6B
Q2 25
$1.2B
$1.7B
Q1 25
$1.1B
$2.5B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
$2.4B
Total Assets
BY
BY
TSAT
TSAT
Q1 26
$9.9B
Q4 25
$9.7B
Q3 25
$9.8B
$5.1B
Q2 25
$9.7B
$4.9B
Q1 25
$9.6B
$6.9B
Q4 24
$9.5B
Q3 24
$9.4B
Q2 24
$9.6B
$6.3B

Financial Flow Comparison

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

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