Security
Telesat Corporation Class A Common Shares and Class B Variable Voting Shares · TSAT
TSATNASDAQCommon stockCurrentCIK 1845840Updated Oct 30, 2026
Name history
Telesat Corp · through Oct 29, 2026
TSAT price & chart
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NASDAQ:TSAT on TradingView ↗About the company
Telesat Corporation (Nasdaq and TSX: TSAT) is a global satellite operator and leader in advanced satellite communications. Through its Telesat Lightspeed Low Earth Orbit (LEO) network, Telesat is delivering a new generation of high-performance connectivity for telecom, enterprise and government customers. Designed around open standards, Telesat Lightspeed enables seamless integration of high-throughput, low latency satellite services into existing terrestrial networks and operations, extending and augmenting network capabilities with greater control, visibility and assurance. Its advanced, software-defined architecture operates in both commercial and military Ka-band spectrum, enabling secure, resilient broadband communications with protection against evolving threats. Backed by nearly 60 years of innovation and engineering excellence, Telesat is uniquely positioned to help customers solve their most complex communications challenges with scalable and future-ready solutions. For updates on Telesat, follow us on LinkedIn and X, or visit www.telesat.com.
In the news
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 ↗
Recent filings
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Financials
FY 2025 · CADSource
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cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Profit or LossCAD | — | — | -121,083,000Source | 67,842,000Source | 75,529,000Source | 129,259,000Source | -530,217,000Source | -302,466,000Source | 583,270,000Source | -80,117,000Source |
| Additional Financial Items | ||||||||||
| AdjustmentsForCurrentTaxOfPriorPeriodCAD | — | — | 36,000Source | -293,000Source | 90,000Source | 182,000Source | -1,339,000Source | 6,000Source | 2,152,000Source | -2,072,000Source |
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableCAD | — | — | — | — | — | — | 96,317,000Source | -13,800,000Source | -24,431,000Source | 2,298,000Source |
| AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociatesCAD | — | — | 230,000Source | 2,620,000Source | — | — | 230,000Source | 2,620,000Source | — | — |
| AdjustmentsForIncomeTaxExpenseCAD | — | — | — | — | — | — | -67,378,000Source | -13,037,000Source | 89,596,000Source | — |
| AdjustmentsForSharebasedPaymentsCAD | — | — | 3,018,000Source | 3,061,000Source | 2,351,000Source | 6,009,000Source | 4,145,000Source | 17,557,000Source | 33,015,000Source | 67,428,000Source |
| Gain (Loss) on Extinguishment of DebtCAD | — | — | — | — | — | — | — | — | — | 106,916,000Source |
| GoodwillCAD | — | — | 2,545,357,000Source | — | 2,499,892,000Source | — | 2,214,575,000Source | 2,612,972,000Source | 2,446,603,000Source | 2,446,603,000Source |
| IncomeTaxesPaidRefundClassifiedAsOperatingActivitiesCAD | — | — | — | — | — | — | -8,220,000Source | 60,510,000Source | 66,841,000Source | 98,143,000Source |
| InterestPaidClassifiedAsFinancingActivitiesCAD | — | — | — | — | — | — | 205,191,000Source | 231,316,000Source | 271,925,000Source | 184,776,000Source |
| InterestPaidClassifiedAsOperatingActivitiesCAD | — | — | — | — | — | — | 184,787,000Source | 161,595,000Source | 209,261,000Source | 163,113,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesCAD | — | — | — | — | — | — | 20,404,000Source | 69,721,000Source | 62,664,000Source | 21,663,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesCAD | — | — | — | — | — | — | 2,709,000Source | 2,422,000Source | 2,171,000Source | 2,498,000Source |
| ProceedsFromBorrowingsClassifiedAsFinancingActivitiesCAD | — | — | — | — | — | — | 689,789,000Source | — | — | — |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesCAD | — | — | — | — | — | — | — | 52,000Source | 13,267,000Source | 71,000Source |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesCAD | — | — | — | — | — | — | 4,501,000Source | 155,903,000Source | 344,014,000Source | 97,234,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | — | —Source | —Source | —Source |
| Gross Profit (Calculated) · Derived | — | — | — | — | — | — | — | — | — | — |
| Total RevenueCAD | — | — | 101,060,000Source | 138,441,000Source | 106,106,000Source | 152,433,000Source | 417,956,000Source | 571,044,000Source | 704,161,000Source | 759,169,000Source |
| Additional Financial Items | ||||||||||
| ApplicableTaxRatenumber | — | — | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source |
| AverageEffectiveTaxRatenumber | — | — | — | — | — | — | — | — | — | -1.65Source |
| BasicEarningsLossPerShareCAD/shares | — | — | -2.38Source | 1.27Source | 1.43Source | 2.55Source | -10.61Source | -6.29Source | 11.71Source | -1.9Source |
| CurrentTaxExpenseIncomeCAD | — | — | -5,636,000Source | 10,988,000Source | 12,039,000Source | 31,165,000Source | 12,967,000Source | 50,943,000Source | 75,780,000Source | 77,645,000Source |
| DeferredTaxExpenseIncomeCAD | — | — | -11,185,000Source | -5,824,000Source | -8,241,000Source | -2,619,000Source | -80,345,000Source | -63,980,000Source | 13,816,000Source | -27,716,000Source |
| DilutedEarningsLossPerShareCAD/shares | — | — | -2.38Source | 1.23Source | 1.38Source | 2.45Source | -10.61Source | -6.29Source | 11.29Source | -1.9Source |
| EmployeeBenefitsExpenseCAD | — | — | 22,439,000Source | 22,085,000Source | 21,553,000Source | 28,377,000Source | 92,620,000Source | 110,330,000Source | 117,917,000Source | 152,154,000Source |
| ImpairmentLossRecognisedInProfitOrLossGoodwillUSD | — | — | — | — | — | — | 302,200,000Source | 55,900,000Source | — | — |
| ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwillCAD | — | — | — | — | — | — | — | 497,500,000Source | 692,800,000Source | — |
| ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossCAD | — | — | — | — | — | — | 9,697,000Source | 6,552,000Source | 2,881,000Source | 2,339,000Source |
| IncomeTaxExpenseContinuingOperationsCAD | — | — | -16,821,000Source | 5,164,000Source | 3,798,000Source | 28,546,000Source | -67,378,000Source | -13,037,000Source | 89,596,000Source | 49,929,000Source |
| InterestExpenseCAD | — | — | 54,197,000Source | 59,443,000Source | 53,631,000Source | 61,942,000Source | 217,669,000Source | 243,757,000Source | 270,350,000Source | 221,756,000Source |
| InterestExpenseOnLeaseLiabilitiesCAD | — | — | 523,000Source | 377,000Source | 589,000Source | 374,000Source | 2,107,000Source | 1,518,000Source | 1,523,000Source | 1,611,000Source |
| NetForeignExchangeLossCAD | — | — | — | — | — | — | 40,000Source | — | — | — |
| OtherEmployeeExpenseCAD | — | — | — | — | — | — | 109,812,000Source | 99,554,000Source | 40,624,000Source | — |
| OtherOperatingIncomeExpenseCAD | — | — | -30,641,000Source | -17,636,000Source | -24,659,000Source | -16,815,000Source | -96,423,000Source | -59,465,000Source | -48,120,000Source | -258,989,000Source |
| PostemploymentBenefitExpenseDefinedContributionPlansCAD | — | — | 700,000Source | 3,000,000Source | 600,000Source | 400,000Source | 2,300,000Source | 4,800,000Source | — | 5,200,000Source |
| ProfitLossAttributableToNoncontrollingInterestsCAD | — | — | -85,814,000Source | 49,941,000Source | 54,533,000Source | 93,807,000Source | -374,863,000Source | -214,746,000Source | 426,152,000Source | -56,721,000Source |
| ProfitLossAttributableToOwnersOfParentCAD | — | — | -35,269,000Source | 17,901,000Source | 20,996,000Source | 35,452,000Source | -155,354,000Source | -87,720,000Source | 157,118,000Source | -23,396,000Source |
| ProfitLossBeforeTaxCAD | — | — | -137,904,000Source | 73,006,000Source | 79,327,000Source | 157,805,000Source | -597,595,000Source | -315,503,000Source | 672,866,000Source | -80,117,000Source |
| ProfitLossFromOperatingActivitiesCAD | — | — | 5,977,000Source | 59,738,000Source | 17,866,000Source | 61,665,000Source | -303,876,000Source | -40,265,000Source | 568,846,000Source | 296,453,000Source |
| ResearchAndDevelopmentExpenseCAD | — | — | — | — | — | — | 11,600,000Source | 11,600,000Source | — | — |
| RevenueFromInterestCAD | — | — | — | — | — | — | — | — | — | 23,564,000Source |
| ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| PostemploymentBenefitExpenseDefinedBenefitPlans | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
Filing attachments
ea030974901ex99-1.htm · 6-K · 2026-10-29
Exhibit 99.1 Telesat reports results for the three and nine months ended September 30, 2026 OTTAWA, CANADA - October 29, 2026 - Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three- and nine-month periods ended September 30, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. “I’m pleased with the strong progress we made last quarter an…
Read attachment ↗ea030982401ex99-1.htm · 6-K · 2026-10-29
Exhibit 99.1 TELESAT CORPORATION Quarterly Report For the Three and Nine Month Periods Ended September 30, 2026 PART I. FINANCIAL INFORMATION Item 1. Financial Statements 1 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 32 Item 3. Quantitative and Qualitative Disclosures About Market Risk …
Read attachment ↗ea030982401ex99-2.htm · 6-K · 2026-10-29
Exhibit 99.2 FORM 52-109F2 CERTIFICATION OF INTERIM FILINGS FULL CERTIFICATE I, Daniel S. Goldberg, the certifying officer, President and Chief Executive Officer, at the issuer, Telesat Corporation, certify the following: 1. Review: I have reviewed the interim financial report and interim MD&A (together, the “interim filings”) of Telesat Corporation (the “issuer”) for the interim period ended September 30, 2026. 2. No misrepresentations: Based on my knowledge, having exercise…
Read attachment ↗ea030137801ex99-1.htm · 6-K · 2026-08-13
Exhibit 99.1 Telesat reports results for the three and six months ended June 30, 2026 OTTAWA, CANADA - August 13, 2026 - Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three- and six-month periods ended June 30, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. “It’s been an eventful past few months for Telesat and I’m very pleased wi…
Read attachment ↗ea029975701ex99-1.htm · 6-K · 2026-08-13
Exhibit 99.1 TELESAT CORPORATION Quarterly Report For the Three Month and Six Month Periods Ended June 30, 2026 PART I. FINANCIAL INFORMATION Item 1. Financial Statements 1 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 32 Item 3. Quantitative and Qualitative Disclosures About Market Risk …
Read attachment ↗ea029975701ex99-2.htm · 6-K · 2026-08-13
Exhibit 99.2 FORM 52-109F2 CERTIFICATION OF INTERIM FILINGS FULL CERTIFICATE I, Daniel S. Goldberg, the certifying officer, President and Chief Executive Officer, at the issuer, Telesat Corporation, certify the following: 1. Review: I have reviewed the interim financial report and interim MD&A (together, the “interim filings”) of Telesat Corporation (the “issuer”) for the interim period ended June 30, 2026. 2. No misrepresentations: Based on my knowledge, having exercised reaso…
Read attachment ↗