Telesat (TSAT) reported $299M in revenue for fiscal 2025, −28.3% year on year. That ranks #2482 by revenue among 2853 SEC filers and #114 in Communication services. It posted a net loss of −$111M for the same year. Revenue has declined 12.9% a year on average since 2019 ($686M then). The fiscal 2025 balance sheet shows $4.8B in total assets, $372M in cash and $842M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueC$418M | $299M | −28.3% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating income−C$304M | −$218M | −$188M | FY20252025-12-31 |
| Net income−C$155M | −$111M | −$47.1M | FY20252025-12-31 |
| Operating cash flowC$66.7M | $47.7M | +4.7% | FY20252025-12-31 |
| Capital expenditureC$141M | $101M | +112.5% | FY20252025-12-31 |
| Total assetsC$6.6B | $4.8B | −0.1% | FY20252025-12-31 |
| Shareholders' equityC$531M | $388M | −21.5% | FY20252025-12-31 |
| CashC$510M | $372M | −3.0% | FY20252025-12-31 |
| Long-term debtC$1.2B | $842M | −60.9% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Figures are reported under IFRS in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Profile
- Legal name
- Telesat Corp
- Ticker
- TSAT
- Exchange
- Nasdaq
- SIC classification
- Communications Services, NEC (4899)
- Fiscal year end
- 12-31
- CIK
- 0001845840
Filings
- 20-FMar 17, 2026Open filing →
- 20-FMar 27, 2025Open filing →
- 20-FMar 28, 2024Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Angel StudiosANGX | $322M | −$170M |
| IqstelIQST | $317M | −$8.5M |
| Xponential FitnessXPOF | $315M | −$38.7M |
| TelesatTSAT | $299M | −$111M |
| MNTNMNTN | $290M | −$6.4M |
| GlobalstarGSAT | $273M | −$8.7M |
| National CinemediaNCMI | $243M | −$10.6M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Telesat — Key figures |url=https://companiesranked.com/en/company/telesat |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Telesat — Key figures. CompaniesRanked. https://companiesranked.com/en/company/telesatBibTeX
@misc{companiesranked-en-company-telesat-2026,
author = {{CompaniesRanked}},
title = {{Telesat — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/telesat}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 20-F · 0001213900-26-028638 · March 17, 2026
{{cite web |title=Telesat — Key figures — 20-F (0001213900-26-028638) |url=https://www.sec.gov/Archives/edgar/data/1845840/000121390026028638/ea0276056-01.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-17}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.