Listed

Telesat Corp

TSATNasdaqCIK 1845840CommunicationFiscal year ends Dec 31

Revenue is not reported in this company’s XBRL financial statements.

Latest quarter: not reported

Last eight quarters

Full statements
Telesat Corp, key figures for the last eight quarters
Line itemUnitShape over the periods
Revenue$
Gross margin%
Operating margin%
Net margin%
Diluted EPS$ per share
Free cash flow$

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$418.0mOperating margin −72.7%
Diluted EPS−$10.61, FY2025
Free cash flow−$73.8m, FY2025
Telesat Corp, key figures for the last five fiscal years
Line itemUnitFY20212021-12-31FY20222022-12-31FY20232023-12-31FY20242024-12-31FY20252025-12-31Shape over the periods
Revenue$m758Revenue, FY2021, twelve months to 2021-12-31CAD 758.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2024-03-28, accession 0001213900-24-026869.Report this figure759Revenue, FY2022, twelve months to 2022-12-31CAD 759.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2025-03-27, accession 0001013762-25-002971.Report this figure704Revenue, FY2023, twelve months to 2023-12-31CAD 704.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure571Revenue, FY2024, twelve months to 2024-12-31CAD 571.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure418Revenue, FY2025, twelve months to 2025-12-31CAD 418.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure
Gross margin%not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)
Operating margin%54.0%Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: CAD 409.1m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 20-F filed 2024-03-28, accession 0001213900-24-026869.Revenue: CAD 758.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2024-03-28, accession 0001213900-24-026869.Report this figure39.0%Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: CAD 296.5m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 20-F filed 2025-03-27, accession 0001013762-25-002971.Revenue: CAD 759.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2025-03-27, accession 0001013762-25-002971.Report this figure80.8%Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: CAD 568.8m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 704.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(7.1%)Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: −CAD 40.3m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 571.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(72.7%)Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: −CAD 303.9m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 418.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure
Net margin%12.2%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: CAD 92.5m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2024-03-28, accession 0001213900-24-026869.Revenue: CAD 758.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2024-03-28, accession 0001213900-24-026869.Report this figure(3.1%)Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: −CAD 23.8m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2025-03-27, accession 0001013762-25-002971.Revenue: CAD 759.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2025-03-27, accession 0001013762-25-002971.Report this figure22.3%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: CAD 157.1m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 704.2m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(15.4%)Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: −CAD 87.7m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 571.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(37.2%)Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: −CAD 155.4m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2026-03-17, accession 0001213900-26-028638.Revenue: CAD 418.0m. XBRL concept ifrs-full:Revenue. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure
Diluted EPS$ per share1.99Diluted EPS, FY2021, twelve months to 2021-12-31CAD 1.99 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2024-03-28, accession 0001213900-24-026869.Report this figure(1.93)Diluted EPS, FY2022, twelve months to 2022-12-31−CAD 1.93 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2025-03-27, accession 0001013762-25-002971.Report this figure11.29Diluted EPS, FY2023, twelve months to 2023-12-31CAD 11.29 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(6.29)Diluted EPS, FY2024, twelve months to 2024-12-31−CAD 6.29 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(10.61)Diluted EPS, FY2025, twelve months to 2025-12-31−CAD 10.61 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure
Free cash flow$m262Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: CAD 293.5m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2024-03-28, accession 0001213900-24-026869.Capital expenditure: CAD 31.7m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2024-03-28, accession 0001213900-24-026869.Report this figure207Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: CAD 239.6m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2025-03-27, accession 0001013762-25-002971.Capital expenditure: CAD 32.7m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2025-03-27, accession 0001013762-25-002971.Report this figure127Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: CAD 170.1m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Capital expenditure: CAD 42.9m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(2.3)Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: CAD 62.5m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Capital expenditure: CAD 64.8m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure(73.8)Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: CAD 66.7m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Capital expenditure: CAD 140.5m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2026-03-17, accession 0001213900-26-028638.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

Funds that report holding Telesat Corp
FundQuarter endedReported valueSharesPut or callChange on the quarter before
Public Sector Pension Investment Board2026-06-30$921.9m18,211,203Unchanged
MHR FUND MANAGEMENT LLC2026-06-30$912.9m18,035,092Unchanged
GAMCO INVESTORS, INC. ET AL2026-06-30$87.2m1,723,385Reduced−45,764
GABELLI FUNDS LLC2026-06-30$36.3m716,281Added+2,152
MILLENNIUM MANAGEMENT LLC2026-06-30$27.6m544,272Added+392,529
NEXPOINT ASSET MANAGEMENT, L.P.2026-06-30$20.1m396,623Unchanged
LM Asset Management Inc.2026-06-30$13.5m266,350Reduced−116,300
MORGAN STANLEY2026-06-30$13.0m256,183Added+92,879
PenderFund Capital Management Ltd.2026-06-30$11.0m225,153Reduced−146,000
MACKENZIE FINANCIAL CORP2026-06-30$8.5m118,830New+118,830

Recent filings

All 144 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

Telesat Corp, recent filings
FiledFormWhat it isAccession number
2026-10-2907:00 ET6-KReport of a foreign private issuerPeriod 2026-09-300001213900-26-113524
2026-08-1307:18 ET6-KReport of a foreign private issuerPeriod 2026-08-130001213900-26-088683
2026-08-1307:01 ET6-KReport of a foreign private issuerPeriod 2026-06-300001213900-26-088672
2026-08-0407:51 ET6-KReport of a foreign private issuerPeriod 2026-08-040001213900-26-084907
2026-07-0908:15 ET6-KReport of a foreign private issuerPeriod 2026-07-090001213900-26-076539
2026-07-0907:30 ETSCHEDULE 13D/AOwnership report, active investor, amended0001193125-26-299127
2026-07-0808:15 ET6-KReport of a foreign private issuerPeriod 2026-07-080001213900-26-076187
2026-06-0509:09 ET6-KReport of a foreign private issuerPeriod 2026-06-050001213900-26-065518
2026-05-0507:01 ET6-KReport of a foreign private issuerPeriod 2026-05-050001213900-26-051896
2026-05-0507:00 ET6-KReport of a foreign private issuerPeriod 2026-03-310001213900-26-051894

Latest annual report

Form 20-F for the fiscal year ended Dec 31, 2025Filed Mar 17, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league

About the filer

CIK
1845840
Tickers
TSAT
Exchange
Nasdaq
SIC code
4899 Communications Services, NEC
Sector
Communication
Fiscal year ends
Dec 31
Incorporated in
A1
Filer category
Accelerated filer
Former names
Telesat Corp (to 2026-10-29)

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 07:13 ET. Listed shows no prices and gives no investment advice.