Telesat Corporation (TSX:TSAT)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.26B +195.0% |
| Revenue (ttm) | 388.27M -27.5% |
| Net Income | -185.31M |
| EPS | -12.53 |
| Shares Out | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 47,412 |
| Open | 78.56 |
| Previous Close | 78.51 |
| Day's Range | 78.56 - 83.30 |
| 52-Week Range | 27.36 - 84.67 |
| Beta | 2.03 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 13, 2026 |
About Telesat
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. The company offers broadcast services, such as direct-to-home television, video distribution and contribution, and occasional use services; enterprise services, including telecommunication carrier and integrator, govern... [Read more]
Financial Performance
In 2025, Telesat's revenue was 417.96 million, a decrease of -26.81% compared to the previous year's 571.04 million. Losses were -155.35 million, 77.1% more than in 2024.
Financial StatementsNews
Telesat Transcript: Investor update
A $1.9 billion, 15-year contract with the Canadian government will fund the expansion of the Lightspeed constellation to 225 satellites, significantly increasing capacity and shifting the business focus toward defense. The program is fully funded, with a $4 billion backlog and a 2032 revenue forecast of $4.9 billion, 46% of which is expected from defense customers.
Telesat Press release: Investor update
Telesat issued a press release on August 4, 2026, disclosing material business information to investors.
Telesat Slides: Investor update
Telesat has posted slides in relation to its latest quarterly earnings report, which was published on August 4, 2026.
MDA Space awarded $474M to expand Telesat Lightspeed LEO Constellation
MDA Space (MDA) will be supplying Telesat LEO ULC, a division of Telesat (TSAT), with additional MDA AURORA next-generation broadband satellites, coinciding with the operator’s expansion of the Telesa...
MDA SPACE AWARDED $474 MILLION TO EXPAND THE TELESAT LIGHTSPEED LEO CONSTELLATION
Follow-on order of MDA AURORA ™ satellites will enable Telesat to meet the needs of both commercial and defence customers TORONTO, Aug. 4, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), ...
Telesat schedules second quarter 2026 earnings conference call for August 13, 2026
OTTAWA, July 31, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call for Thursday, August 13, 2...
Telesat prepares to execute its Upper C-band transition plan
Telesat (TSAT) GEO, a subsidiary of Telesat, is preparing to execute its Upper C-band transition plan following the U.S. Federal Communications Commission’s adoption of its Upper C-band Report and Ord...
Telesat prepared to execute FCC Upper C-band transition plan
OTTAWA, Ontario, July 27, 2026 (GLOBE NEWSWIRE) -- Telesat GEO Inc, a subsidiary of Telesat Corporation (NASDAQ and TSX: TSAT) (“Telesat”), one of the world's largest and most innovative satellite ope...
Telesat initiated with a Buy at Stifel
Stifel analyst Greg MacDonald initiated coverage of Telesat (TSAT) with a Buy rating and C$100 price target Defense is being disrupted by private capital, Silicon Valley best-practices, and a politica...
Telesat initiated with a Sector Perform at Scotiabank
Scotiabank analyst Maher Yaghi initiated coverage of Telesat (TSAT) with a Sector Perform rating and C$80 price target Telesat has built a differentiated competitive position in the growing low-earth-...
Telesat announces changes to Board of Directors
OTTAWA, Ontario, July 09, 2026 (GLOBE NEWSWIRE) -- Telesat Corporation (Nasdaq and TSX: TSAT) (“Telesat”), one of the world's largest and most innovative satellite operators, today announced that Ralp...
Telesat donates satellite capacity to support Venezuela's recovery efforts
OTTAWA, Ontario, July 02, 2026 (GLOBE NEWSWIRE) -- Telesat GEO Inc., a subsidiary of Telesat Corporation (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, to...
Telesat Transcript: AGM 2026
The meeting covered financial statements, director elections, and auditor appointment. All ten director nominees were elected, and Deloitte LLP was confirmed as auditor. Voting procedures ensured compliance with Canadian control requirements.
Canada's Telesat eyes secure Italian satellite connectivity contract, sources say
Canada's Telesat held preliminary talks with Italy to provide satellite services to ensure encrypted communications for the government, diplomats and defence officials operating in high-risk areas, ...
Telesat initiated with a Sell at New Street
New Street initiated coverage of Telesat (TSAT) with a Sell rating.
Telesat Earnings Call Transcript: Q1 2026
Q1 2026 saw revenue of CAD 87M and a net loss of CAD 151M, mainly due to non-cash impairments and lower GEO EBITDA. Progress continued on LightSpeed, with strong government and commercial interest, and full-year guidance was reiterated.
Telesat Earnings release: Q1 2026
Telesat released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Telesat Earnings release: Q1 2026
Telesat released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Telesat reports results for the quarter ended March 31, 2026
OTTAWA, Ontario, May 05, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the thre...
Telesat schedules first quarter 2026 earnings conference call for May 5, 2026
OTTAWA, Ontario, April 21, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, May ...
Telesat Corporation Investigated by the Portnoy Law Firm
LOS ANGELES, April 10, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Telesat Corporation , (“ Telesat " or the "Company") ( NASDAQ : TSAT) investors that the firm has initiated an investigati...
Telesat, Northwestel formalize Telesat Lightspeed agreement
Telesat (TSAT) announced that Northwestel has signed a multi-year contract for Telesat Lightspeed Low Earth Orbit satellite services. Northwestel will leverage the advanced LEO network to deliver low ...
Northwestel and Telesat formalize Telesat Lightspeed agreement
OTTAWA, ON and IQALUIT, NU, April 02, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Northwestel, the largest communic...
Telesat price target raised to $37 from $19 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Telesat (TSAT) to $37 from $19 and keeps a Hold rating on the shares.
Telesat Earnings Call Transcript: Q4 2025
2025 results exceeded adjusted EBITDA guidance, with strong cost control and progress on the Lightspeed LEO project. 2026 guidance anticipates lower GEO revenue and EBITDA, but significant LEO investment and backlog growth, especially in defense.