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Latest annual · FY2025

Millions
Total revenues
418
Gross profit
533
Operating income
(304)
Net income
(155)
Free cash flow
(74)

Latest quarter · Q4 FY2025

Millions
Free cash flow
(70)
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2022 to FY2025
-18.0%
Revenue, 5 yearsFY2020 to FY2025
-12.6%
Net income, 5 yearsFY2020 to FY2025
n/m

Telesat Corp (TSAT) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
RevenueCA$418 millionCA$571 million-26.8%20-F 2026-03-17 · proof
Operating income-CA$303.9 million-CA$40.3 million20-F 2026-03-17 · proof
Net income-CA$155.4 million-CA$87.7 million20-F 2026-03-17 · proof
Cash from operating activitiesCA$66.7 millionCA$62.5 million+6.8%20-F 2026-03-17 · proof
Free cash flow-CA$73.8 million-CA$2.3 million20-F 2026-03-17 · proof
Total assetsCA$6.6 billionCA$6.9 billion-4.9%20-F 2026-03-17 · proof
Total liabilitiesCA$4.8 billionCA$4.4 billion+8.7%20-F 2026-03-17 · proof
Cash and cash equivalentsCA$509.8 millionCA$552.1 million-7.7%20-F 2026-03-17 · proof
Total debtCA$3.5 billion20-F 2026-03-17 · proof
What was Telesat Corp (TSAT)'s revenue in fiscal 2025?
Telesat Corp (TSAT) reported revenue of CA$418 million for fiscal 2025 (the year ended Dec 31, 2025), against CA$571 million the year before (-26.8%). Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What was Telesat Corp (TSAT)'s operating income in fiscal 2025?
Telesat Corp (TSAT) reported operating income of -CA$303.9 million for fiscal 2025 (the year ended Dec 31, 2025), against -CA$40.3 million the year before. Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What was Telesat Corp (TSAT)'s net income in fiscal 2025?
Telesat Corp (TSAT) reported net income of -CA$155.4 million for fiscal 2025 (the year ended Dec 31, 2025), against -CA$87.7 million the year before. Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What was Telesat Corp (TSAT)'s cash from operating activities in fiscal 2025?
Telesat Corp (TSAT) reported cash from operating activities of CA$66.7 million for fiscal 2025 (the year ended Dec 31, 2025), against CA$62.5 million the year before (+6.8%). Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What was Telesat Corp (TSAT)'s free cash flow in fiscal 2025?
Telesat Corp (TSAT) reported free cash flow of -CA$73.8 million for fiscal 2025 (the year ended Dec 31, 2025), against -CA$2.3 million the year before. Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What are Telesat Corp (TSAT)'s total assets?
As of Dec 31, 2025, Telesat Corp (TSAT) reported total assets of CA$6.6 billion, against CA$6.9 billion a year earlier (-4.9%). Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What are Telesat Corp (TSAT)'s total liabilities?
As of Dec 31, 2025, Telesat Corp (TSAT) reported total liabilities of CA$4.8 billion, against CA$4.4 billion a year earlier (+8.7%). Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What are Telesat Corp (TSAT)'s cash and cash equivalents?
As of Dec 31, 2025, Telesat Corp (TSAT) reported cash and cash equivalents of CA$509.8 million, against CA$552.1 million a year earlier (-7.7%). Source: the 20-F filed with the SEC on Mar 17, 2026. SEC
What is Telesat Corp (TSAT)'s total debt?
As of Dec 31, 2025, Telesat Corp (TSAT) reported total debt of CA$3.5 billion. Source: the 20-F filed with the SEC on Mar 17, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:TSAT&period_type=annual&limit=5"

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