TSAT
Telesat Corporation
NASDAQ · Technology · Communication Equipment · CA
$44.90
+1.93%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 361.8M | 417.6M | 571.0M | 704.2M | 759.2M |
| Cost of Revenue | 196.7M | 264.0M | 38.0M | 38.5M | 54.0M |
| Gross Profit | 165.1M | 153.6M | 533.1M | 665.6M | 705.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 98.4M | 92.6M | 110.3M | 117.9M | 152.2M |
| General & Admin Expense | 45.0M | 92.6M | 110.3M | 117.9M | 152.2M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 63.8M | 3.7M | 463.0M | (21.1M) | 256.6M |
| Total Operating Expenses | 162.1M | 96.3M | 573.3M | 96.8M | 408.7M |
| Cost and Expenses | 358.8M | 360.4M | 611.3M | 135.3M | 462.7M |
| Operating Income (EBIT) | 3.0M | 57.2M | (40.3M) | 568.8M | 296.5M |
| Non-Operating | |||||
| Interest Income | 19.4M | 26.2M | 66.1M | 64.4M | 23.6M |
| Interest Expense | 209.0M | 218.6M | 243.9M | 271.0M | 221.8M |
| Net Interest Income | (189.6M) | (192.4M) | (177.8M) | (206.5M) | (198.2M) |
| Other Non-Op Income/Expense | (1.3B) | (654.4M) | (275.2M) | 104.0M | (326.6M) |
| Non-Operating Income (excl Interest) | 644.2M | 435.8M | 31.3M | (375.0M) | 104.9M |
| EBT (Pre-Tax Income) | (1.3B) | (597.1M) | (315.5M) | 672.9M | (30.2M) |
| Income Tax Expense | (76.0M) | (67.3M) | (13.0M) | 89.6M | 51.4M |
| Bottom Line | |||||
| Net Income | (372.2M) | (155.2M) | (87.7M) | 157.1M | (23.8M) |
| Earnings from Cont. Ops | (1.3B) | (529.8M) | (302.5M) | 583.3M | (81.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (372.2M) | (155.2M) | (87.7M) | 157.1M | (23.8M) |
| Per Share | |||||
| Basic EPS | ($24.77) | ($10.61) | ($6.29) | $11.29 | ($1.90) |
| Diluted EPS | ($24.77) | ($10.61) | ($6.29) | $10.28 | ($1.90) |
| Revenue Per Share | $23.77 | $28.52 | $40.97 | $50.60 | $61.66 |
| Shares | |||||
| Basic Shares Outstanding | 15.2M | 14.6M | 13.9M | 13.9M | 12.3M |
| Diluted Shares Outstanding | 15.2M | 14.6M | 13.9M | 15.3M | 12.3M |
| Profitability Metrics | |||||
| EBITDA | (505.0M) | (229.8M) | 67.0M | 1.1B | 395.3M |
| D&A | 136.1M | 148.8M | 138.6M | 195.8M | 203.7M |
| EBIT | (641.2M) | (378.5M) | (71.6M) | 943.8M | 191.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026