Telesat (TSAT) Financials: History & Chart

Telesat Corporation(TSAT)

Telecommunications Services · Ottawa, ON

$47.66+1.49 (+3.23%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Telesat Corporation

Telesat Corporation stands as a leading satellite operator, dedicated to providing essential communication solutions to a diverse global clientele, encompassing broadcast, enterprise, and consulting sectors. Its advanced satellite infrastructure empowers direct-to-home (DTH) service providers to broadcast television programming, audio content, and information channels directly to residential customers. Additionally, it facilitates the transmission of programming for broadcasters, cable networks, and other DTH providers. Beyond core transmission, Telesat offers a comprehensive suite of value-added capabilities. These include crucial satellite capacity, digital encoding for video channels, authorization services, and both uplinking and downlinking operations. The company also furnishes on-demand services for broadcasting breaking news, major sports events, and live coverage. Telesat's extensive offerings extend to telecommunications carriers and network services integrators, providing both satellite capacity and end-to-end solutions. These encompass space segment services and ground facilities designed to support enterprise connectivity, internet and cellular backhaul, and rural telephony initiatives. The company further delivers broadband communication services tailored for the maritime and aeronautical industries, serving commercial aircraft and vessels. It also supplies satellite services to government entities, including the U.S. government (via service integrators) and the Canadian government, and directly provides broadband services to consumers. The corporation operates sophisticated satellite and hybrid satellite/terrestrial networks, and it develops specialized communication services for industries such as oil and gas, and mining. Furthermore, Telesat provides expert satellite operator services and offers consulting across a range of domains, including space and earth segments, government studies, satellite control, and research and development. Telesat primarily engages its clients through a dedicated direct sales force. As of December 31, 2021, its operational assets included a constellation of 14 in-orbit geostationary satellites and a Canadian payload integrated into the ViaSat-1 satellite. The company was established in 1969 and maintains its corporate headquarters in Ottawa, Canada.

Ottawa, ON

711 employees

www.telesat.com

Communication Services / Telecommunications Services

Sector: Communication Services
Industry: Telecommunications Services
CEO: Daniel S. Goldberg

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	259.72M	55.99M	62.75M	68.42M	72.56M	77.93M	81.12M	88.94M	102.31M
Cost of Goods Sold	141.12M	43.28M	46.03M	48.39M	3.43M	3.19M	4.67M	6.93M	4.59M
Gross Profit	118.60M	12.71M	16.72M	20.04M	69.13M	74.74M	76.45M	82.02M	97.72M
Gross Profit Margin	45.7%	22.7%	26.6%	29.3%	95.3%	95.9%	94.2%	92.2%	95.5%
Total Operating Expenses	116.20M	21.67M	14.50M	15.19M	64.84M	61.62M	55.02M	240.12M	53.57M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	70.43M	21.88M	16.01M	16.42M	16.11M	15.83M	18.12M	24.03M	16.32M
Operating Income (EBIT)	2.41M	-8.96M	2.22M	4.85M	4.29M	13.12M	21.44M	-158.11M	44.15M
Operating Margin	0.9%	-16.0%	3.5%	7.1%	5.9%	16.8%	26.4%	-177.8%	43.2%
Income Before Tax (EBT)	-959.56M	-389.58M	-115.54M	-355.42M	-99.02M	58.27M	-35.12M	-347.77M	53.96M
Interest Income	14.00M	1.31M	2.99M	5.40M	4.30M	5.02M	4.50M	6.25M	11.61M
Interest Expense	149.97M	35.75M	36.23M	38.89M	39.11M	39.39M	39.56M	40.29M	43.96M
Other Income/Expense	-961.97M	-380.62M	-117.76M	-360.27M	-103.31M	45.14M	-56.55M	-189.66M	9.81M
Net Income	-266.22M	-116.76M	-32.79M	-91.35M	-25.32M	15.42M	-10.80M	-87.77M	13.23M
Income Tax Expense	-55.23M	3.81M	-6.74M	-40.22M	-12.08M	2.79M	638K	-36.99M	3.82M
Net Profit Margin	-102.5%	-208.5%	-52.3%	-133.5%	-34.9%	19.8%	-13.3%	-98.7%	12.9%
EBITDA	100.12M	12.73M	24.38M	31.81M	31.20M	40.71M	47.01M	-137.33M	70.05M
EBITDA Margin	38.5%	22.7%	38.9%	46.5%	43.0%	52.2%	58.0%	-154.4%	68.5%
Depreciation & Amortization	97.71M	21.69M	22.16M	26.96M	26.91M	27.58M	25.58M	20.78M	25.90M
EPS Basic	-17.72	-7.67	-2.19	-6.15	-1.71	1.05	-0.75	-6.26	0.94
EPS Diluted	-17.72	-7.67	-2.19	-6.15	-1.71	1.01	-0.75	-6.23	0.91
Weighted Average Basic Shares	15.22M	15.22M	14.98M	14.84M	14.80M	14.68M	14.38M	14.08M	14.55M
Weighted Average Diluted Shares	15.22M	15.22M	14.98M	14.84M	14.80M	16.56M	14.38M	14.08M	16.06M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	304.11M	396.82M	531.29M	560.04M	599.44M	643.90M	700.84M	661.67M
Cost of Goods Sold	192.26M	26.39M	29.06M	39.84M	23.89M	26.19M	28.64M	285.34M
Gross Profit	111.84M	370.43M	502.23M	520.20M	575.55M	617.71M	672.20M	376.33M
Gross Profit Margin	36.8%	93.4%	94.5%	92.9%	96.0%	95.9%	95.9%	56.9%
Total Operating Expenses	70.16M	398.41M	73.04M	301.51M	252.10M	300.23M	304.21M	33.41M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	67.45M	76.67M	88.97M	112.24M	123.42M	70.54M	67.66M	33.41M
Operating Income (EBIT)	41.69M	-27.98M	429.19M	218.69M	323.45M	317.48M	368.00M	342.91M
Operating Margin	13.7%	-7.1%	80.8%	39.0%	54.0%	49.3%	52.5%	51.8%
Income Before Tax (EBT)	-434.81M	-219.24M	507.68M	-22.27M	184.53M	188.72M	155.67M	-21.90M
Interest Income	19.05M	45.96M	48.62M	17.38M	2.70M	4.08M	25.57M	166.23M
Interest Expense	159.15M	169.49M	204.44M	163.59M	148.63M	159.91M	208.86M	N/A
Other Income/Expense	-476.50M	-191.26M	78.48M	-240.96M	-138.93M	-128.77M	-212.33M	-364.81M
Net Income	-113.04M	-60.96M	118.55M	-17.53M	73.16M	192.13M	144.03M	-66.64M
Income Tax Expense	-49.02M	-9.06M	67.60M	37.92M	56.16M	-3.42M	11.63M	44.74M
Net Profit Margin	-37.2%	-15.4%	22.3%	-3.1%	12.2%	29.8%	20.6%	-10.1%
EBITDA	150.02M	68.34M	576.90M	368.99M	497.19M	501.19M	572.84M	525.49M
EBITDA Margin	49.3%	17.2%	108.6%	65.9%	82.9%	77.8%	81.7%	79.4%
Depreciation & Amortization	108.34M	96.32M	147.70M	150.29M	173.74M	183.71M	204.85M	182.58M
EPS Basic	-7.73	-4.37	8.52	-1.40	N/A	2.91	1.20	-0.56
EPS Diluted	-7.73	-4.37	7.76	-1.40	N/A	2.91	1.20	-0.56
Weighted Average Basic Shares	14.64M	13.94M	13.92M	12.31M	12.02M	13.18M	23.95M	23.94M
Weighted Average Diluted Shares	14.64M	13.94M	15.29M	12.31M	12.02M	13.18M	23.95M	23.94M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.