Telesat Corporation (TSAT)
NASDAQ: TSAT · Real-Time Price · USD
52.50
-8.90 (-14.50%)
Aug 13, 2026, 12:27 PM EDT - Market open

Telesat Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
388.27417.96571.04704.16759.17758.21
Revenue Growth
-27.51%-26.81%-18.90%-7.25%0.13%-7.59%
Gross Profit
388.27417.96571.04704.16759.17758.21
Operating Income
-416.09-303.88-40.27568.85296.45409.12
Net Income
-185.31-155.35-87.72157.12-23.7692.53
Earnings Per Share
-12.52-10.61-6.2911.29-1.931.99
EPS Growth
------59.55%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Geostationary Orbit ("GEO")
383.55413.06554.29693.22
Low Earth Orbit ("LEO")
4.714.916.7610.94
Total
388.27417.96571.04704.16

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
522.73509.8552.061,6691,6781,450
Total Debt
4,5444,3613,7543,2413,9183,853
Net Cash (Debt)
-4,022-3,852-3,202-1,572-2,240-2,403
Net Cash Growth
------
Net Cash Per Share
-263.10-263.07-229.71-102.82-0.18-0.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-68.666.762.46170.06239.55293.5
Capital Expenditures
-647.75-765.12-1,110-126.24-64.51-311.67
Free Cash Flow
-716.35-698.42-1,04843.82175.05-18.17
Free Cash Flow Growth
----74.97%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
-107.17%-72.71%-7.05%80.78%39.05%53.96%
Pretax Margin
-182.18%-142.98%-55.25%95.56%-3.98%30.78%
Profit Margin
-162.19%-126.86%-52.97%82.83%-10.75%21.41%
FCF Margin
-184.50%-167.10%-183.53%6.22%23.06%-2.40%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---1.23-18.21
Forward PE
-18.8518.85---
P/FCF Ratio
---4.300.74-
PS Ratio
12.571.420.580.270.170.57