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Side-by-side financial comparison of FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) and Telesat Corp (TSAT). Click either name above to swap in a different company.

Telesat Corp is the larger business by last-quarter revenue ($73.8M vs $44.3M, roughly 1.7× FIRST BUSINESS FINANCIAL SERVICES, INC.). FIRST BUSINESS FINANCIAL SERVICES, INC. runs the higher net margin — 27.5% vs -119.8%, a 147.4% gap on every dollar of revenue. Over the past eight quarters, FIRST BUSINESS FINANCIAL SERVICES, INC.'s revenue compounded faster (8.0% CAGR vs -64.0%).

The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.

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

FBIZ vs TSAT — Head-to-Head

Bigger by revenue
TSAT
TSAT
1.7× larger
TSAT
$73.8M
$44.3M
FBIZ
Higher net margin
FBIZ
FBIZ
147.4% more per $
FBIZ
27.5%
-119.8%
TSAT
Faster 2-yr revenue CAGR
FBIZ
FBIZ
Annualised
FBIZ
8.0%
-64.0%
TSAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FBIZ
FBIZ
TSAT
TSAT
Revenue
$44.3M
$73.8M
Net Profit
$12.2M
$-88.4M
Gross Margin
95.3%
Operating Margin
5.9%
Net Margin
27.5%
-119.8%
Revenue YoY
8.5%
Net Profit YoY
9.2%
EPS (diluted)
$1.44

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
FBIZ
FBIZ
TSAT
TSAT
Q1 26
$44.3M
Q4 25
$42.2M
Q3 25
$44.5M
$73.8M
Q2 25
$41.0M
$77.5M
Q1 25
$40.8M
$152.2M
Q4 24
$41.2M
Q3 24
$38.1M
Q2 24
$38.0M
$363.2M
Net Profit
FBIZ
FBIZ
TSAT
TSAT
Q1 26
$12.2M
Q4 25
$13.3M
Q3 25
$14.4M
$-88.4M
Q2 25
$11.4M
$55.1M
Q1 25
$11.2M
$-52.3M
Q4 24
$14.4M
Q3 24
$10.5M
Q2 24
$10.5M
$547.4M
Gross Margin
FBIZ
FBIZ
TSAT
TSAT
Q1 26
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FBIZ
FBIZ
TSAT
TSAT
Q1 26
Q4 25
38.5%
Q3 25
39.0%
5.9%
Q2 25
32.6%
16.8%
Q1 25
33.0%
Q4 24
37.2%
Q3 24
33.8%
Q2 24
32.6%
Net Margin
FBIZ
FBIZ
TSAT
TSAT
Q1 26
27.5%
Q4 25
31.6%
Q3 25
32.3%
-119.8%
Q2 25
27.8%
71.2%
Q1 25
27.4%
-34.4%
Q4 24
35.0%
Q3 24
27.6%
Q2 24
27.5%
150.7%
EPS (diluted)
FBIZ
FBIZ
TSAT
TSAT
Q1 26
$1.44
Q4 25
$1.57
Q3 25
$1.70
Q2 25
$1.35
Q1 25
$1.32
Q4 24
$1.69
Q3 24
$1.24
Q2 24
$1.23

Balance Sheet & Financial Strength

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

Metric
FBIZ
FBIZ
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$265.8M
$352.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.6B
Total Assets
$4.3B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIZ
FBIZ
TSAT
TSAT
Q1 26
$265.8M
Q4 25
$39.5M
Q3 25
$44.3M
$352.3M
Q2 25
$123.2M
$399.6M
Q1 25
$170.6M
$552.1M
Q4 24
$157.7M
Q3 24
$132.0M
Q2 24
$81.1M
$1.7B
Stockholders' Equity
FBIZ
FBIZ
TSAT
TSAT
Q1 26
Q4 25
$371.6M
Q3 25
$358.3M
$1.6B
Q2 25
$344.8M
$1.7B
Q1 25
$336.1M
$2.5B
Q4 24
$328.6M
Q3 24
$312.0M
Q2 24
$305.2M
$2.4B
Total Assets
FBIZ
FBIZ
TSAT
TSAT
Q1 26
$4.3B
Q4 25
$4.1B
Q3 25
$4.0B
$5.1B
Q2 25
$4.0B
$4.9B
Q1 25
$3.9B
$6.9B
Q4 24
$3.9B
Q3 24
$3.7B
Q2 24
$3.9B
$6.3B

Financial Flow Comparison

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

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