Revenue
2019
2020
2021
2022
2023
2024
2025
Telesat Corp (TSAT)
Price$47.00Cached quote
Net income
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $418.0M | $571.0M | $704.2M | $759.2M | $758.2M | $820.5M | $910.9M |
| Gross profit | $395.2M | $533.1M | $665.6M | $705.2M | $728.0M | $787.1M | $873.7M |
| Gross margin | 94.56% | 93.35% | 94.53% | 92.89% | 96.01% | 95.93% | 95.91% |
| Research & development | $11.6M | $11.6M | — | — | — | — | — |
| Operating expenses | $211.8M | $207.8M | $204.6M | $259.0M | $236.9M | $181.6M | $165.5M |
| Operating income | −$303.9M | −$40.3M | $568.8M | $296.5M | $409.1M | $404.5M | $478.3M |
| Operating margin | −72.71% | −7.05% | 80.78% | 39.05% | 53.96% | 49.31% | 52.51% |
| EBITDA | −$165.3M | $87.0M | $751.5M | $485.2M | $612.9M | $621.4M | $721.3M |
| EBITDA margin | −39.54% | 15.24% | 106.72% | 63.91% | 80.83% | 75.74% | 79.18% |
| Net income | −$530.2M | −$302.5M | $583.3M | −$81.6M | $162.4M | $244.8M | $187.2M |
| Net profit margin | −126.86% | −52.97% | 82.83% | −10.75% | 21.41% | 29.84% | 20.55% |
| Basic EPSper basic share | -CA$10.61 | -CA$6.29 | CA$11.71 | -CA$1.93 | CA$2.05 | CA$4.95 | CA$3.78 |
| Diluted EPSper diluted share | -CA$10.61 | -CA$6.29 | CA$11.29 | -CA$1.93 | CA$1.99 | CA$4.92 | CA$3.76 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Public Sector Pension Investment Board | 18.21M |
MHR FUND MANAGEMENT LLC | 18.04M |
GAMCO INVESTORS, INC. ET AL | 1.72M |
GABELLI FUNDS LLC | 716.28K |
MILLENNIUM MANAGEMENT LLC | 544.27K |
NEXPOINT ASSET MANAGEMENT, L.P. | 396.62K |
LM Asset Management Inc. | 266.35K |
MORGAN STANLEY | 256.18K |
PenderFund Capital Management Ltd. | 225.15K |
Pembroke Management, LTD | 183.48K |
Vestcor Inc | 175K |
OSAIC HOLDINGS, INC. | 156.84K |
AYAL Capital Advisors Ltd | 151.5K |
Rokos Capital Management LLP | 137.74K |
Senvest Management, LLC | 137.67K |
MACKENZIE FINANCIAL CORP | 118.83K |
GUARDIAN CAPITAL LP | 107.03K |
Connor, Clark & Lunn Investment Management Ltd. | 93.93K |
Penserra Capital Management LLC | 84.31K |
Van Berkom & Associates Inc. | 77.38K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
Community posts
Telesat and Orange open first European Lightspeed gateway
Telesat ($TSAT) and Orange ($ORA-EURONEXT) inaugurated Europe’s first Telesat Lightspeed gateway at Bercenay-en-Othe in France. The facility connects satellite infrastructure with Orange’s terrestrial network and a Paris point of presence, ...
