vs

Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and Telesat Corp (TSAT). Click either name above to swap in a different company.

Four Corners Property Trust, Inc. is the larger business by last-quarter revenue ($78.2M vs $73.8M, roughly 1.1× Telesat Corp). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -119.8%, a 158.7% gap on every dollar of revenue. Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs -64.0%).

Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.

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

FCPT vs TSAT — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.1× larger
FCPT
$78.2M
$73.8M
TSAT
Higher net margin
FCPT
FCPT
158.7% more per $
FCPT
38.8%
-119.8%
TSAT
Faster 2-yr revenue CAGR
FCPT
FCPT
Annualised
FCPT
8.4%
-64.0%
TSAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FCPT
FCPT
TSAT
TSAT
Revenue
$78.2M
$73.8M
Net Profit
$30.4M
$-88.4M
Gross Margin
95.3%
Operating Margin
55.3%
5.9%
Net Margin
38.8%
-119.8%
Revenue YoY
9.4%
Net Profit YoY
16.0%
EPS (diluted)
$0.28

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
FCPT
FCPT
TSAT
TSAT
Q1 26
$78.2M
Q4 25
$75.7M
Q3 25
$74.1M
$73.8M
Q2 25
$72.8M
$77.5M
Q1 25
$71.5M
$152.2M
Q4 24
$68.3M
Q3 24
$66.8M
Q2 24
$66.5M
$363.2M
Net Profit
FCPT
FCPT
TSAT
TSAT
Q1 26
$30.4M
Q4 25
$29.4M
Q3 25
$28.8M
$-88.4M
Q2 25
$27.9M
$55.1M
Q1 25
$26.2M
$-52.3M
Q4 24
$26.2M
Q3 24
$25.6M
Q2 24
$24.7M
$547.4M
Gross Margin
FCPT
FCPT
TSAT
TSAT
Q1 26
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FCPT
FCPT
TSAT
TSAT
Q1 26
55.3%
Q4 25
Q3 25
5.9%
Q2 25
16.8%
Q1 25
Q4 24
Q3 24
Q2 24
Net Margin
FCPT
FCPT
TSAT
TSAT
Q1 26
38.8%
Q4 25
38.9%
Q3 25
38.9%
-119.8%
Q2 25
38.3%
71.2%
Q1 25
36.6%
-34.4%
Q4 24
38.3%
Q3 24
38.3%
Q2 24
37.1%
150.7%
EPS (diluted)
FCPT
FCPT
TSAT
TSAT
Q1 26
$0.28
Q4 25
$0.27
Q3 25
$0.28
Q2 25
$0.28
Q1 25
$0.26
Q4 24
$0.27
Q3 24
$0.27
Q2 24
$0.27

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$29.6M
$352.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$1.6B
Total Assets
$3.0B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
TSAT
TSAT
Q1 26
$29.6M
Q4 25
$12.1M
Q3 25
$6.7M
$352.3M
Q2 25
$6.0M
$399.6M
Q1 25
$22.3M
$552.1M
Q4 24
$4.1M
Q3 24
$44.5M
Q2 24
$17.2M
$1.7B
Total Debt
FCPT
FCPT
TSAT
TSAT
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
FCPT
FCPT
TSAT
TSAT
Q1 26
$1.7B
Q4 25
$1.6B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.7B
Q1 25
$1.4B
$2.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.3B
$2.4B
Total Assets
FCPT
FCPT
TSAT
TSAT
Q1 26
$3.0B
Q4 25
$2.9B
Q3 25
$2.8B
$5.1B
Q2 25
$2.8B
$4.9B
Q1 25
$2.7B
$6.9B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.5B
$6.3B
Debt / Equity
FCPT
FCPT
TSAT
TSAT
Q1 26
Q4 25
0.74×
Q3 25
0.79×
Q2 25
0.81×
Q1 25
0.84×
Q4 24
0.78×
Q3 24
0.84×
Q2 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCPT
FCPT

Rental revenue$69.8M89%
Restaurant revenue$8.4M11%

TSAT
TSAT

Segment breakdown not available.

Related Comparisons