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Side-by-side financial comparison of Inspirato Inc (ISPO) 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 $55.5M, roughly 1.3× Inspirato Inc). Inspirato Inc runs the higher net margin — -8.1% vs -119.8%, a 111.7% gap on every dollar of revenue. Over the past eight quarters, Inspirato Inc's revenue compounded faster (-11.4% CAGR vs -64.0%).
Inspirato Inc is a luxury travel and hospitality subscription service provider catering primarily to high-net-worth consumers across North America. It offers curated premium villa rentals, exclusive resort access, customized trip planning, and corporate travel incentive solutions for enterprise clients.
Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.
ISPO vs TSAT — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $55.5M | $73.8M |
| Net Profit | $-4.5M | $-88.4M |
| Gross Margin | 31.4% | 95.3% |
| Operating Margin | -8.0% | 5.9% |
| Net Margin | -8.1% | -119.8% |
| Revenue YoY | -19.6% | — |
| Net Profit YoY | -204.4% | — |
| EPS (diluted) | $-0.36 | — |
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.
| Q3 25 | $55.5M | $73.8M | ||
| Q2 25 | $63.1M | $77.5M | ||
| Q1 25 | $65.9M | $152.2M | ||
| Q4 24 | $63.1M | — | ||
| Q3 24 | $69.1M | — | ||
| Q2 24 | $67.4M | $363.2M | ||
| Q1 24 | $80.2M | — | ||
| Q4 23 | $70.7M | — |
| Q3 25 | $-4.5M | $-88.4M | ||
| Q2 25 | $-5.3M | $55.1M | ||
| Q1 25 | $1.6M | $-52.3M | ||
| Q4 24 | $-2.3M | — | ||
| Q3 24 | $4.3M | — | ||
| Q2 24 | $-8.7M | $547.4M | ||
| Q1 24 | $1.3M | — | ||
| Q4 23 | $-8.8M | — |
| Q3 25 | 31.4% | 95.3% | ||
| Q2 25 | 27.5% | 95.9% | ||
| Q1 25 | 38.8% | — | ||
| Q4 24 | 34.7% | — | ||
| Q3 24 | 71.5% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 39.5% | — | ||
| Q4 23 | 27.2% | — |
| Q3 25 | -8.0% | 5.9% | ||
| Q2 25 | -8.3% | 16.8% | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | -3.2% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | -22.8% | — | ||
| Q1 24 | 3.0% | — | ||
| Q4 23 | -22.7% | — |
| Q3 25 | -8.1% | -119.8% | ||
| Q2 25 | -8.4% | 71.2% | ||
| Q1 25 | 2.5% | -34.4% | ||
| Q4 24 | -3.6% | — | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | -12.9% | 150.7% | ||
| Q1 24 | 1.6% | — | ||
| Q4 23 | -12.4% | — |
| Q3 25 | $-0.36 | — | ||
| Q2 25 | $-0.42 | — | ||
| Q1 25 | $0.12 | — | ||
| Q4 24 | $0.98 | — | ||
| Q3 24 | $0.62 | — | ||
| Q2 24 | $-2.33 | — | ||
| Q1 24 | $-0.18 | — | ||
| Q4 23 | $-2.58 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.7M | $352.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-134.0M | $1.6B |
| Total Assets | $228.3M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $13.7M | $352.3M | ||
| Q2 25 | $16.7M | $399.6M | ||
| Q1 25 | $16.4M | $552.1M | ||
| Q4 24 | $21.8M | — | ||
| Q3 24 | $13.5M | — | ||
| Q2 24 | $18.8M | $1.7B | ||
| Q1 24 | $22.6M | — | ||
| Q4 23 | $36.6M | — |
| Q3 25 | $-134.0M | $1.6B | ||
| Q2 25 | $-129.7M | $1.7B | ||
| Q1 25 | $-125.2M | $2.5B | ||
| Q4 24 | $-129.9M | — | ||
| Q3 24 | $-134.6M | — | ||
| Q2 24 | $-35.2M | $2.4B | ||
| Q1 24 | $-27.5M | — | ||
| Q4 23 | $-30.2M | — |
| Q3 25 | $228.3M | $5.1B | ||
| Q2 25 | $252.6M | $4.9B | ||
| Q1 25 | $270.1M | $6.9B | ||
| Q4 24 | $273.9M | — | ||
| Q3 24 | $273.3M | — | ||
| Q2 24 | $301.7M | $6.3B | ||
| Q1 24 | $313.0M | — | ||
| Q4 23 | $330.7M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-2.2M | — |
| Free Cash FlowOCF − Capex | $-3.0M | — |
| FCF MarginFCF / Revenue | -5.4% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-31.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-2.2M | — | ||
| Q2 25 | $1.1M | — | ||
| Q1 25 | $-6.6M | — | ||
| Q4 24 | $-15.8M | — | ||
| Q3 24 | $-13.7M | — | ||
| Q2 24 | $-1.8M | — | ||
| Q1 24 | $-7.2M | — | ||
| Q4 23 | $-6.0M | — |
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $468.0K | — | ||
| Q1 25 | $-7.5M | — | ||
| Q4 24 | $-21.2M | — | ||
| Q3 24 | $-14.8M | — | ||
| Q2 24 | $-3.7M | — | ||
| Q1 24 | $-8.5M | — | ||
| Q4 23 | $-7.5M | — |
| Q3 25 | -5.4% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | -11.4% | — | ||
| Q4 24 | -33.7% | — | ||
| Q3 24 | -21.5% | — | ||
| Q2 24 | -5.5% | — | ||
| Q1 24 | -10.6% | — | ||
| Q4 23 | -10.6% | — |
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 1.6% | — | ||
| Q4 23 | 2.1% | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.09× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -3.16× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -5.70× | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ISPO
| Residence And Hotel Travel | $25.9M | 47% |
| Subscription | $19.4M | 35% |
| Experiences And Bespoke Travel | $8.0M | 14% |
| Rewards And Other Revenue | $2.3M | 4% |
TSAT
Segment breakdown not available.