TSAT
Income statement / Annual
Last year (2025), Telesat Corp's total revenue was $417.62 M,
a decrease of 26.87% from the previous year.
In 2025, Telesat Corp's net income was -$155.23 M.
See Telesat Corp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$417.62 M |
$571.04 M |
$704.16 M |
$759.17 M |
$758.21 M |
$820.47 M |
$910.89 M |
$902.93 M |
$927.41 M |
$930.85 M |
| Cost of Revenue |
$264.03 M
|
$37.97 M
|
$38.52 M
|
$54.00 M
|
$30.22 M
|
$33.37 M
|
$37.22 M
|
$389.39 M
|
$187.69 M
|
$174.92 M
|
| Gross Profit |
$153.59 M
|
$533.07 M
|
$665.65 M
|
$705.17 M
|
$728.00 M
|
$787.10 M
|
$873.67 M
|
$513.55 M
|
$739.72 M
|
$755.93 M
|
| Gross Profit Ratio |
0.37
|
0.93
|
0.95
|
0.93
|
0.96
|
0.96
|
0.96
|
0.57
|
0.8
|
0.81
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$92.62 M
|
$110.33 M
|
$117.92 M
|
$152.15 M
|
$156.11 M
|
$89.88 M
|
$87.94 M
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$92.62 M
|
$110.33 M
|
$117.92 M
|
$152.15 M
|
$156.11 M
|
$89.88 M
|
$87.94 M
|
$45.60 M
|
$6.26 M
|
$7.28 M
|
| Other Expenses |
$3.72 M
|
$463.01 M
|
-$21.12 M
|
$256.56 M
|
$162.76 M
|
$292.68 M
|
$307.44 M
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$96.34 M
|
$573.34 M
|
$96.80 M
|
$408.71 M
|
$318.87 M
|
$382.56 M
|
$395.38 M
|
$45.60 M
|
$36.46 M
|
$193.67 M
|
| Cost And Expenses |
$360.37 M
|
$611.31 M
|
$135.32 M
|
$462.72 M
|
$349.09 M
|
$415.93 M
|
$432.60 M
|
$434.98 M
|
$224.14 M
|
$368.59 M
|
| Interest Income |
$26.16 M
|
$66.15 M
|
$64.45 M
|
$23.56 M
|
$3.42 M
|
$5.20 M
|
$33.23 M
|
$226.84 M
|
$190.88 M
|
$185.46 M
|
| Interest Expense |
$218.56 M
|
$243.91 M
|
$270.96 M
|
$221.76 M
|
$187.99 M
|
$203.76 M
|
$271.45 M
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$148.77 M
|
$138.61 M
|
$195.76 M
|
$203.73 M
|
$219.76 M
|
$234.08 M
|
$266.24 M
|
$249.16 M
|
$247.39 M
|
$252.46 M
|
| EBITDA |
$206.02 M |
$67.02 M |
$1.14 B |
$395.30 M |
$641.15 M |
$678.31 M |
$740.02 M |
$711.48 M |
$733.46 M |
$748.65 M |
| EBITDA Ratio |
0.49
|
0.12
|
1.62
|
0.52
|
0.85
|
0.83
|
0.81
|
0.79
|
0.79
|
0.8
|
| Operating Income Ratio |
0.14
|
-0.07
|
0.81
|
0.39
|
0.54
|
0.49
|
0.53
|
0.52
|
0.52
|
0.53
|
| Total Other Income/Expenses Net |
-$654.35 M
|
-$275.24 M
|
$104.02 M
|
-$326.64 M
|
-$175.72 M
|
-$164.07 M
|
-$275.97 M
|
-$497.83 M
|
$87.06 M
|
-$124.10 M
|
| Income Before Tax |
-$597.11 M
|
-$315.50 M
|
$672.87 M
|
-$30.19 M
|
$233.40 M
|
$240.47 M
|
$202.32 M
|
-$29.88 M
|
$585.30 M
|
$376.81 M
|
| Income Before Tax Ratio |
-1.43
|
-0.55
|
0.96
|
-0.04
|
0.31
|
0.29
|
0.22
|
-0.03
|
0.63
|
0.4
|
| Income Tax Expense |
-$67.32 M
|
-$13.04 M
|
$89.60 M
|
$51.41 M
|
$71.04 M
|
-$4.35 M
|
$15.12 M
|
$61.06 M
|
$80.25 M
|
$83.91 M
|
| Net Income |
-$155.23 M
|
-$87.72 M
|
$157.12 M
|
-$23.76 M
|
$92.53 M
|
$244.82 M
|
$187.20 M
|
-$90.94 M
|
$505.04 M
|
$292.89 M
|
| Net Income Ratio |
-0.37
|
-0.15
|
0.22
|
-0.03
|
0.12
|
0.3
|
0.21
|
-0.1
|
0.54
|
0.31
|
| EPS |
-10.61 |
-6.29 |
11.29 |
-1.9 |
13.12 |
3.71 |
1.56 |
-0.76 |
4.22 |
2.45 |
| EPS Diluted |
-10.61 |
-6.29 |
10.28 |
-1.9 |
13.12 |
3.71 |
1.56 |
-0.76 |
4.22 |
2.45 |
| Weighted Average Shares Out |
$14.64 M
|
$13.94 M
|
$13.92 M
|
$12.31 M
|
$12.02 M
|
$13.18 M
|
$23.95 M
|
$23.94 M
|
$23.94 M
|
$23.93 M
|
| Weighted Average Shares Out Diluted |
$14.64 M
|
$13.94 M
|
$15.29 M
|
$12.31 M
|
$12.02 M
|
$13.18 M
|
$23.95 M
|
$23.94 M
|
$23.94 M
|
$23.93 M
|
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