Telesat Corporation (TSAT)

Revenue by Segment

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Geostationary Orbit ("GEO")	413.06M	554.29M	693.22M	-	-
Geostationary Orbit ("GEO") Growth	-25.48%	-20.04%	-	-	-
Low Earth Orbit ("LEO")	4.90M	16.76M	10.94M	-	-
Low Earth Orbit ("LEO") Growth	-70.78%	53.15%	-	-	-
Satellite-Based Services	-	-	-	759.17M	758.21M
Satellite-Based Services Growth	-	-	-	0.13%	-7.59%
Total	417.96M	571.04M	704.16M	759.17M	758.21M
Total Growth	-26.81%	-18.90%	-7.25%	0.13%	-7.59%

Revenue by Geography

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Canada	213.12M	260.43M	324.23M	330.53M	330.83M
Canada Growth	-18.16%	-19.68%	-1.91%	-0.09%	-8.85%
United States	133.19M	210.63M	245.33M	289.95M	292.47M
United States Growth	-36.77%	-14.14%	-15.39%	-0.86%	-4.87%
Asia & Australia	13.93M	31.98M	50.65M	45.08M	38.27M
Asia & Australia Growth	-56.46%	-36.85%	12.35%	17.81%	-7.49%
Latin America & Caribbean	29.72M	36.46M	48.66M	57.84M	55.82M
Latin America & Caribbean Growth	-18.49%	-25.08%	-15.87%	3.63%	-12.82%
Europe, Middle East & Africa	28.01M	31.55M	35.29M	35.77M	40.82M
Europe, Middle East & Africa Growth	-11.23%	-10.61%	-1.33%	-12.39%	-8.70%
Total	417.96M	571.04M	704.16M	759.17M	758.21M
Total Growth	-26.81%	-18.90%	-7.25%	0.13%	-7.59%

Source: S&P Global Market Intelligence.