# Telesat Corp: overview TSAT · Nasdaq · CIK 1845840 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/tsat.md) · [Financials](/companies/tsat/financials.md) · [Filings](/companies/tsat/filings.md) · [Insiders](/companies/tsat/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [758](/filings/0001213900-24-026869.md) | [759](/filings/0001013762-25-002971.md) | [704](/filings/0001213900-26-028638.md) | [571](/filings/0001213900-26-028638.md) | [418](/filings/0001213900-26-028638.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [54.0%](/filings/0001213900-24-026869.md) | [39.0%](/filings/0001013762-25-002971.md) | [80.8%](/filings/0001213900-26-028638.md) | [(7.1%)](/filings/0001213900-26-028638.md) | [(72.7%)](/filings/0001213900-26-028638.md) | | Net margin | % | [12.2%](/filings/0001213900-24-026869.md) | [(3.1%)](/filings/0001013762-25-002971.md) | [22.3%](/filings/0001213900-26-028638.md) | [(15.4%)](/filings/0001213900-26-028638.md) | [(37.2%)](/filings/0001213900-26-028638.md) | | Diluted EPS | $ per share | [1.99](/filings/0001213900-24-026869.md) | [(1.93)](/filings/0001013762-25-002971.md) | [11.29](/filings/0001213900-26-028638.md) | [(6.29)](/filings/0001213900-26-028638.md) | [(10.61)](/filings/0001213900-26-028638.md) | | Free cash flow | $m | [262](/filings/0001213900-24-026869.md) | [207](/filings/0001013762-25-002971.md) | [127](/filings/0001213900-26-028638.md) | [(2.3)](/filings/0001213900-26-028638.md) | [(73.8)](/filings/0001213900-26-028638.md) | - Revenue. XBRL Revenue: ifrs-full:Revenue. - Gross margin (gross profit / revenue). XBRL Revenue: ifrs-full:Revenue. - Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:Revenue. - Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:Revenue. - Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tsat/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [Public Sector Pension Investment Board](/funds/1396318.md) | 2026-06-30 | $921.9m | 18,211,203 | | Unchanged | | [MHR FUND MANAGEMENT LLC](/funds/1277742.md) | 2026-06-30 | $912.9m | 18,035,092 | | Unchanged | | [GAMCO INVESTORS, INC. ET AL](/funds/807249.md) | 2026-06-30 | $87.2m | 1,723,385 | | Reduced −45,764 | | [GABELLI FUNDS LLC](/funds/1081407.md) | 2026-06-30 | $36.3m | 716,281 | | Added +2,152 | | [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $27.6m | 544,272 | | Added +392,529 | | [NEXPOINT ASSET MANAGEMENT, L.P.](/funds/1469877.md) | 2026-06-30 | $20.1m | 396,623 | | Unchanged | | [LM Asset Management Inc.](/funds/2057190.md) | 2026-06-30 | $13.5m | 266,350 | | Reduced −116,300 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $13.0m | 256,183 | | Added +92,879 | | [PenderFund Capital Management Ltd.](/funds/1706164.md) | 2026-06-30 | $11.0m | 225,153 | | Reduced −146,000 | | [MACKENZIE FINANCIAL CORP](/funds/919859.md) | 2026-06-30 | $8.5m | 118,830 | | New +118,830 | ## Recent filings [All 144 filings](/companies/tsat/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-29 | 07:00 ET | [6-K](/filings/0001213900-26-113524.md) | Report of a foreign private issuer, period 2026-09-30 | 0001213900-26-113524 | | 2026-08-13 | 07:18 ET | [6-K](/filings/0001213900-26-088683.md) | Report of a foreign private issuer, period 2026-08-13 | 0001213900-26-088683 | | 2026-08-13 | 07:01 ET | [6-K](/filings/0001213900-26-088672.md) | Report of a foreign private issuer, period 2026-06-30 | 0001213900-26-088672 | | 2026-08-04 | 07:51 ET | [6-K](/filings/0001213900-26-084907.md) | Report of a foreign private issuer, period 2026-08-04 | 0001213900-26-084907 | | 2026-07-09 | 08:15 ET | [6-K](/filings/0001213900-26-076539.md) | Report of a foreign private issuer, period 2026-07-09 | 0001213900-26-076539 | | 2026-07-09 | 07:30 ET | [SCHEDULE 13D/A](/filings/0001193125-26-299127.md) | Ownership report, active investor, amended | 0001193125-26-299127 | | 2026-07-08 | 08:15 ET | [6-K](/filings/0001213900-26-076187.md) | Report of a foreign private issuer, period 2026-07-08 | 0001213900-26-076187 | | 2026-06-05 | 09:09 ET | [6-K](/filings/0001213900-26-065518.md) | Report of a foreign private issuer, period 2026-06-05 | 0001213900-26-065518 | | 2026-05-05 | 07:01 ET | [6-K](/filings/0001213900-26-051896.md) | Report of a foreign private issuer, period 2026-05-05 | 0001213900-26-051896 | | 2026-05-05 | 07:00 ET | [6-K](/filings/0001213900-26-051894.md) | Report of a foreign private issuer, period 2026-03-31 | 0001213900-26-051894 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-028638.md), filed Mar 17, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1845840 - Tickers: TSAT - Exchange: Nasdaq - SIC code: 4899 Communications Services, NEC - State of incorporation: A1 - Filer category: Accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 07:13 ET. No prices; not investment advice.