Telesat Corporation

Telesat Corporation

TSAT
Telesat CorporationUS flagNASDAQ Global Select
50.14
USD
+0.43
- -
741.57MMarket Cap
Telesat Corporation
TSAT
(NASDAQ Global Select)

Recent

price

50.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
76.5
68.9
63.08
61.66
52.48
40.97
28.55
26.2
Revenue per Share
15.72
20.56
7.7
-1.93
11.71
-6.29
-10.61
-12.51
Basic EPS, GAAP
28.53
29.84
21.68
16.8
8.49
-0.17
-5.04
-14.68
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
119.44
32.68
32.72
43.62
37.77
27.38
25.1
Book Value per Share
- -
-148.3
-125.87
-110.74
-55.18
-44.03
-60.6
-62.74
Tangible Book Value per Share
12
12
12
12
13
14
15
15
Basic Weighted Avg Shares
911
820
758
759
704
571
418
388
Sales/Revenue/Turnover
52.6
49.33
54.07
39.05
92.1
39.34
13.71
-13.13
Operating Margin (%)
266
234
220
204
196
139
149
143
Depreciation Expense
187
245
93
-24
157
-88
-155
-185
Net Income, GAAP
7.47
- -
30.43
- -
13.32
- -
- -
4.79
Effective Tax Rate (%)
20.55
29.84
12.2
-3.13
22.31
-15.36
-37.17
-47.73
Profit Margin (%)
- -
731
1,435
1,617
1,679
765
-2,485
-2,555
Working Capital
- -
3,214
3,826
3,882
3,228
3,128
1,190
1,270
LT Debt
- -
1,460
1,696
1,840
2,399
2,497
1,770
1,664
Total Equity
- -
- -
5.59
- -
9.91
- -
- -
- -
Return on Invested Capital (%)
- -
- -
3.03
- -
-0.61
- -
- -
13.24
Return on Capital (%)
- -
34.43
10.2
-5.97
31.8
-15.78
-33.51
-41.43
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,344
2,375
LT Borrowings
3,309
1,152
1,270
LT Finance Leases
- -
37
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
535
586
746

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
841
832
858
Cash, Cash Equivalents & STI
483
510
523
Accounts Receivable, Net
53
31
59
Inventories
- -
1
- -
Total Current Liabilities
204
3,317
3,413
Payables & Accruals
112
81
89
ST Debt
- -
2,344
2,375
Deferred Revenue
- -
45
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6%
-29.12%
Free Cash Flow
- -
558.37%
2,986.2%
Net Income, GAAP
- -
-205.55%
77.1%
Sales/Revenue/Turnover
- -
-12.08%
-26.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
152
152
138
128
571
2025
117
106
101
94
418
2026
87
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.08
2.55
1.27
-8.97
-6.29
2025
-1.08
1.43
-2.38
-8.48
-10.61
2026
-3.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Telesat Corporation Telesat Corporation (TSAT) is a leading global satellite communications company that provides mission-critical connectivity solutions through its fleet of geostationary (GEO) satellites and its developing low Earth orbit (LEO) Telesat Lightspeed network. The company offers broadcast services including direct-to-home television, video distribution, contribution, and occasional use services; enterprise connectivity solutions such as data communications, broadband services for offshore oil and gas, mining industries, and terrestrial networks supporting enterprise and retail activities; and consulting services for satellite-related projects. It operates primarily in a single segment serving broadcast, enterprise, government, telecom, maritime, and aeronautical customers worldwide, with a significant revenue base from Canada and additional geographic presence across North America, Europe, Asia-Pacific, and other regions. Founded in 1969 and headquartered in Ottawa, Ontario, Canada, Telesat is the fourth-largest fixed satellite services provider globally, owning and operating satellites while also managing capacity for other entities, including signals for major Canadian providers like Bell Satellite TV and Shaw Direct. In recent developments, Telesat completed $2.54 billion in funding agreements in 2024 with the governments of Canada ($2.14 billion loan) and Quebec for the Telesat Lightspeed LEO constellation, securing full financing for satellites, launches, ground stations, and support systems, with initial launches planned for mid-2026. The company entered a strategic partnership with Arabsat in March 2024 to integrate Lightspeed LEO services into multi-orbit offerings in the MENA region and purchased real estate in Timmins, Canada, for a Lightspeed landing station. In November 2025, Telesat announced a US$5 million equity investment in Farcast to develop fully integrated flat panel antenna user terminals for Lightspeed, targeting volume production in 2027, while reaffirming 2025 guidance amid progress toward the 2026 constellation deployment.

Company News

APIChat
  • Telesat Corporation (TSAT) Shareholder/Analyst Call Prepared Remarks Transcript

  • Canada's Telesat eyes secure Italian satellite connectivity contract, sources say

  • Telesat Corporation (TSAT) Q1 2026 Earnings Call Transcript

  • Telesat reports results for the quarter ended March 31, 2026

  • Telesat schedules first quarter 2026 earnings conference call for May 5, 2026

  • Telesat Corporation Investigated by the Portnoy Law Firm

  • Northwestel and Telesat formalize Telesat Lightspeed agreement

  • Telesat Q4 Earnings Call Highlights

  • Telesat Corporation (TSAT) Q4 2025 Earnings Call Transcript

  • Telesat reports results for the quarter and twelve months ended December 31, 2025

  • Telesat schedules fourth quarter and full year 2025 earnings conference call for March 17, 2026

  • Telesat advances Telesat Lightspeed terrestrial network with new Quebec and Saskatchewan landing station sites

  • TSAT Investors Have Opportunity to Join Telesat Corporation Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT

  • TSAT Investors Have Opportunity to Join Telesat Corporation Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT

  • Telesat (NASDAQ:TSAT) Trading 4.1% Higher – Still a Buy?

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT