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TSATTelesat Corporation
$45.61$670M
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HomeStocksTSATEarnings History

TSAT logoTelesat Corporation (TSAT) Earnings History

Net Loss

14 years of earnings data (2012–2025) · Currently unprofitable on a TTM basis

TTM Net Income
-$155M
● Net Loss
TTM EPS (Diluted)
$-10.46
Per share, diluted
YoY EPS Growth
-68.7%
Declining
Net Margin
-37.2%
After-tax profitability
EPS Growth Rate (CAGR)
1YN/A
3YN/A
5YN/A
10YN/A
Operating Margin13.7%
Gross Margin36.8%
Return on Equity-7.3%
Return on Assets-2.3%
Record Annual Net Income$505MFY2017
Record Quarterly EPS$12.48Q4 2021
Consecutive Profitable Years0years
Q4 2025
Net Income-$125M
EPS (Diluted)$-8.45
YoY Growth-68.7%Declining
QoQ Growth-255.7%Declining

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Telesat Corporation (TSAT) Earnings Overview

As of June 22, 2026, Telesat Corporation (TSAT) reported trailing twelve-month net income of -$155M, reflecting -68.7% year-over-year growth. The company earned $-10.46 per diluted share over the past four quarters, with a net profit margin of -37.2%.

Looking at the long-term picture, TSAT's historical earnings data spans multiple years. The company achieved its highest annual net income of $505M in fiscal 2017.

Telesat Corporation is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including SATS (-$23.27B net income, -155.1% margin), VSAT (-$34M net income, -0.7% margin), GSAT (-$11M net income, -3.2% margin), TSAT has outperformed on profitability metrics. Compare TSAT vs SATS →

TSAT Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
TSAT logoTSATCurrent
-$155M$-10.46-37.2%-7.3%-68.7%—
SATS logoSATS
-$23.3B$-80.50-155.1%-178.7%-11356.8%
VSAT logoVSAT
-$34M$-0.24-0.7%-0.7%+94.4%
GSAT logoGSAT
-$11M$-0.09-3.2%-2.4%+74.6%
IRDM logoIRDM
$106M$0.9913.1%22.0%+12.8%
AMC logoAMC
-$547M$-1.01-13.0%--16.0%
Best in group
Lowest in group

TSAT Historical Earnings Data (2012–2025)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$155M-77.0%$57M$-10.61-37.2%13.7%
2024-$88M-155.8%-$40M$-6.29-15.4%-7.1%
2023$157M+761.2%$569M$10.2822.3%80.8%
2022-$24M-125.7%$296M$-1.90-3.1%39.0%
2021$93M-62.2%$409M$13.1212.2%54.0%
2020$245M+30.8%$405M$3.7129.8%49.3%
2019$187M+305.9%$478M$1.5620.6%52.5%
2018-$91M-118.0%$468M$-0.76-10.1%51.8%
2017$505M+72.4%$486M$4.2254.5%52.4%
2016$293M+209.7%$496M$2.4531.5%53.3%
2015-$267M-2124.8%$529M$-2.23-28.0%55.4%
2014$13M-80.6%$482M$0.111.4%52.3%
2013$68M+179.5%$445M$0.577.6%49.6%
2012$24M-$348M$0.202.9%41.1%

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TSAT — Frequently Asked Questions

Quick answers to the most common questions about buying TSAT stock.

What is TSAT earnings per share (EPS)?

TSAT trailing twelve-month (TTM) diluted EPS is $-10.46, reflecting -68.7% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2012 to 2025 is available in the table on this page.

What is Telesat Corporation's net income?

Telesat Corporation (TSAT) trailing twelve-month net income is $-155M as of 2025. Earnings declined -68.7% year-over-year.

Is TSAT profitable?

TSAT is not currently profitable on a TTM basis, reporting a net loss of $-155M. Net margin is -37.2%. Investors should monitor for a return to profitability.

What is TSAT's earnings growth rate?

TSAT compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2012 to 2025.

What are TSAT's profit margins?

Telesat Corporation net profit margin is -37.2%, operating margin is +13.7%, and gross margin is +36.8%. Below-average margins reflect competitive or cost pressures. Return on Equity is -7.3%.

Is TSAT growing earnings?

TSAT earnings are declining — EPS fell -68.7% year-over-year. TTM net income dropped to $-155M. This contrasts with the 5-year CAGR of N/A.

What was TSAT's best earnings year?

Telesat Corporation's highest annual net income on record is $505M, achieved in fiscal year 2017. Earnings history on this page spans 2012 to 2025 and includes all annual and quarterly figures.

What were TSAT's earnings last quarter?

TSAT's most recent reported quarter was Q4 2025. Net income was $-125M with diluted EPS of $-8.45. For a full breakdown of all quarters, see the quarterly earnings table on this page.

TSAT Earnings Over Time (2012–2025)

Net income & EPS — annual and quarterly view