U.S. · FCC · Datacenter Dynamics
Eutelsat publishes 2025-26 financial results, with 69.5% increase in LEO revenues YoY
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European satellite operator Eutelsat has released its full-year 2025-26 financial results, ending 30 June 2026.
Key facts
- Total revenues were €1.23 billion ($1.43bn), up 3 percent like-for-like, with 1.8 percent being from Eutelsat’s four operating verticals
- The company estimated its revenues downstream of that capacity would amount to more than $11.5bn over the period of 2032 to 2040
- In March, Eutelsat completed its refinancing plan, concluding its $5.7bn equity and debt financing strategy by closing $1.7bn senior notes assisted by a loan from the French export credit agency
- Citing the increased scope of the IRIS² project, Eutelsat declared intentions to invest $2.57bn in the shared infrastructure of the continental constellation and a further $1.34bn in commercial
Summary
Total revenues were €1.23 billion ($1.43bn), up 3 percent like-for-like, with 1.8 percent being from Eutelsat’s four operating verticals. “Our low Earth orbit business continued its strong momentum, demonstrating the growing demand for secure, resilient and low-latency connectivity solutions across government and enterprise markets,” Jean-François Fallacher, chief executive officer of Eutelsat, said in a statement. “Looking ahead, they expect continued strong growth in their LEO business to offset the structural decline in GEO, supporting slight revenue growth and stable profitability in FY 2026-27. Eutelsat confirmed expectations that it would receive $504m in compensation for being switched out of certain United States radio spectrum frequencies in the upper C-band, including the costs of converting equipment, as part of a shakeup by the Federal Communications Commission (FCC) to reorganize the band.