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Telesat Corporation (TSAT)
NASDAQ: TSAT · Real-Time Price · USD
40.09
-2.43 (-5.71%)
At close: Oct 30, 2026, 4:00 PM EDT
39.29
-0.80 (-2.00%)
After-hours: Oct 30, 2026, 7:55 PM EDT

Telesat Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
341.23417.96571.04704.16759.17758.21
Revenue Growth
-24.49%-26.81%-18.90%-7.25%0.13%-7.59%
Gross Profit
104.34210.43367.98500.69500.49521.26
Operating Income
-113.5159.77226.58648.75294.37406.3
Net Income
-383.84-155.35-87.72157.12-23.7692.53
Earnings Per Share
-25.74-10.61-6.2911.29-1.931.99
EPS Growth
------59.55%

Revenue by Segment
Chart
Fiscal Year
FY 2025FY 2024FY 2023
Period EndingDec '25 Dec '24 Dec '23
Geostationary Orbit ("GEO")
413.06554.29693.22
Low Earth Orbit ("LEO")
4.916.7610.94
Total
417.96571.04704.16

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
813.83509.8552.061,6691,6781,450
Total Debt
4,0573,5343,1303,2303,8843,834
Net Cash (Debt)
-3,243-3,024-2,578-1,561-2,206-2,384
Net Cash Growth
------
Net Cash Per Share
-217.46-206.54-184.96-102.12-179.22-51.14

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
374.766.762.46170.06239.55293.5
Capital Expenditures
-801.55-765.12-1,110-126.24-64.51-311.67
Free Cash Flow
-426.85-698.42-1,04843.82175.05-18.17
Free Cash Flow Growth
----74.97%--

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
30.58%50.35%64.44%71.10%65.93%68.75%
Operating Margin
-33.26%14.30%39.68%92.13%38.78%53.59%
Pretax Margin
-399.33%-142.98%-55.25%95.56%-3.98%30.78%
Profit Margin
-112.49%-37.17%-15.36%22.31%-3.13%12.20%
FCF Margin
-125.09%-167.10%-183.53%6.22%23.06%-2.40%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---1.19-4.71
Forward PE
-18.8518.85---
P/FCF Ratio
---4.280.73-
PS Ratio
3020.311.410.580.270.170.57