Telesat Corporation (TSAT)
NASDAQ: TSAT · Real-Time Price · USD
42.13
+0.36 (0.86%)
Jun 26, 2026, 4:00 PM EDT - Market closed
Telesat Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 388.27 | 417.96 | 571.04 | 704.16 | 759.17 | 758.21 | |
Revenue Growth (YoY) | -27.51% | -26.81% | -18.90% | -7.25% | 0.13% | -7.59% |
Cost of Revenue | 210.39 | 207.52 | 203.06 | 203.47 | 258.68 | 236.95 |
Gross Profit | 177.88 | 210.43 | 367.98 | 500.69 | 500.49 | 521.26 |
Selling, General & Admin | 1.13 | 1.77 | 2.79 | 0.86 | 2.39 | 3.68 |
Amortization of Goodwill & Intangibles | 41.89 | 44.18 | 11.34 | 13.09 | 14.98 | 15.98 |
Other Operating Expenses | - | - | - | -344.68 | - | -108.46 |
Operating Expenses | 143.95 | 150.66 | 141.41 | -148.06 | 206.12 | 114.97 |
Operating Income | 33.92 | 59.77 | 226.58 | 648.75 | 294.37 | 406.3 |
Interest Expense | -211.34 | -217.8 | -242.76 | -269.49 | -219.37 | -184.32 |
Interest & Investment Income | 21.74 | 23.8 | 66 | 63.84 | 23.56 | 3.42 |
Currency Exchange Gain (Loss) | 86.42 | 106.21 | -244.53 | 77.76 | -239.59 | 27.54 |
Other Non Operating Income (Expenses) | -195.36 | -212.95 | -55.44 | 2.69 | 4.23 | -18.68 |
EBT Excluding Unusual Items | -264.61 | -240.98 | -250.16 | 523.55 | -136.8 | 234.25 |
Impairment of Goodwill | -386.69 | -302.22 | - | - | - | - |
Gain (Loss) on Sale of Assets | 0.13 | 4.06 | 2.09 | 0.06 | 0.01 | -0.85 |
Asset Writedown | -63 | -63 | -267.02 | -79.74 | - | - |
Other Unusual Items | 4.72 | 4.55 | 199.59 | 229 | 106.61 | - |
Pretax Income | -707.36 | -597.6 | -315.5 | 672.87 | -30.19 | 233.4 |
Income Tax Expense | -77.65 | -67.38 | -13.04 | 89.6 | 51.41 | 71.04 |
Earnings From Continuing Operations | -629.71 | -530.22 | -302.47 | 583.27 | -81.6 | 162.37 |
Minority Interest in Earnings | 444.4 | 374.86 | 214.75 | -426.15 | 57.83 | -69.84 |
Net Income | -185.31 | -155.35 | -87.72 | 157.12 | -23.76 | 92.53 |
Net Income to Common | -185.31 | -155.35 | -87.72 | 157.12 | -23.76 | 92.53 |
Net Income Growth | - | - | - | - | - | -62.20% |
Shares Outstanding (Basic) | 15 | 15 | 14 | 13 | 12 | 45 |
Shares Outstanding (Diluted) | 15 | 15 | 14 | 15 | 12 | 47 |
Shares Change (YoY) | 4.85% | 5.04% | -8.83% | 24.18% | -73.59% | -6.39% |
EPS (Basic) | -12.53 | -10.61 | -6.29 | 11.71 | -1.93 | 2.05 |
EPS (Diluted) | -12.53 | -10.61 | -6.29 | 11.29 | -1.93 | 1.99 |
EPS Growth | - | - | - | - | - | -59.55% |
Free Cash Flow | -716.35 | -698.42 | -1,048 | 43.82 | 175.05 | -18.17 |
Free Cash Flow Per Share | -48.43 | -47.70 | -75.19 | 2.87 | 14.22 | -0.39 |
Gross Margin | 45.81% | 50.35% | 64.44% | 71.10% | 65.93% | 68.75% |
Operating Margin | 8.74% | 14.30% | 39.68% | 92.13% | 38.78% | 53.59% |
Profit Margin | -47.73% | -37.17% | -15.36% | 22.31% | -3.13% | 12.20% |
Free Cash Flow Margin | -184.50% | -167.10% | -183.53% | 6.22% | 23.06% | -2.40% |
EBITDA | 172.6 | 204.52 | 361.75 | 844.51 | 498.11 | 626.05 |
EBITDA Margin | 44.45% | 48.93% | 63.35% | 119.93% | 65.61% | 82.57% |
D&A For EBITDA | 138.68 | 144.75 | 135.17 | 195.76 | 203.73 | 219.76 |
EBIT | 33.92 | 59.77 | 226.58 | 648.75 | 294.37 | 406.3 |
EBIT Margin | 8.74% | 14.30% | 39.68% | 92.13% | 38.78% | 53.59% |
Effective Tax Rate | - | - | - | 13.32% | - | 30.44% |