Income Statement - Telesat Corp (TSAT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 417.62 | 571.04 | 704.16 | 759.17 | 758.21 | 820.47 | 910.89 | 902.93 | 927.41 | 930.85 | 954.91 | 922.87 | 896.90 | 845.81 |
| Cost of revenue | 264.03 | 37.97 | 38.52 | 54.00 | 30.22 | 33.37 | 37.22 | 389.39 | 187.69 | 174.92 | 184.28 | 187.79 | 193.86 | 239.08 |
| Gross profit | 153.59 | 533.07 | 665.65 | 705.17 | 728.00 | 787.10 | 873.67 | 513.55 | 739.72 | 755.93 | 770.63 | 735.08 | 703.03 | 606.73 |
| Total operating expenses | 96.34 | 573.34 | 96.80 | 408.71 | 318.87 | 382.56 | 395.38 | 45.60 | 36.46 | 193.67 | 776.54 | 445.24 | 365.67 | 310.33 |
| Operating income | 57.24 | -40.27 | 568.85 | 296.45 | 409.12 | 404.54 | 478.29 | 467.95 | 486.07 | 496.19 | 528.55 | 482.30 | 444.50 | 347.92 |
| Non-operating income (net) | -654.35 | -275.24 | 104.02 | -326.64 | -175.72 | -164.07 | -275.97 | -497.83 | 99.23 | -119.38 | -706.76 | -390.88 | -312.04 | -288.22 |
| Income before tax | -597.11 | -315.50 | 672.87 | -30.19 | 233.40 | 240.47 | 202.32 | -29.88 | 585.30 | 376.81 | -178.21 | 91.42 | 132.46 | 59.70 |
| Income tax expense | -67.32 | -13.04 | 89.60 | 51.41 | 71.04 | -4.35 | 15.12 | 61.06 | 80.25 | 83.91 | 88.73 | 78.22 | 64.37 | 35.34 |
| Net income | -155.23 | -87.72 | 157.12 | -23.76 | 92.53 | 244.82 | 187.20 | -90.94 | 505.04 | 292.89 | -266.95 | 13.18 | 68.08 | 24.36 |
Show Quarterly Income Statement
Income Statement - Telesat Corp (TSAT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 87.28 | 93.96 | 101.06 | 106.11 | 116.75 | 128.00 | 138.44 | 152.43 | 152.18 | 165.90 | 175.09 | 179.75 | 183.42 | 206.68 | 180.10 | 186.61 | 185.77 | 187.50 | 192.34 | 187.89 | 190.49 | 201.91 | 202.05 | 207.83 | 208.67 | 220.16 | 237.12 | 231.30 | 222.31 | 231.53 | 227.16 | 211.89 | 232.35 | 252.40 | 214.35 | 225.98 | 234.67 | 240.06 | 224.17 | 231.69 | 234.93 | 256.69 | 242.22 | 227.29 | 228.71 | 227.48 | 227.80 | 225.67 | 241.93 | 224.13 | 237.57 | 216.35 | 218.85 | 228.10 | 219.54 |
| Cost of revenue | 64.02 | 66.45 | 4.77 | 4.34 | 6.72 | 9.97 | 6.21 | 11.09 | 10.70 | 8.78 | 10.37 | 8.46 | 10.91 | 30.09 | 8.97 | 7.11 | 7.84 | 8.03 | 7.50 | 4.94 | 9.75 | 46.66 | 41.79 | 45.55 | 44.98 | 48.93 | 37.80 | 37.95 | 39.12 | 71.31 | 40.10 | 36.27 | 38.15 | 46.87 | 41.64 | 43.98 | 55.20 | 46.18 | 39.60 | 42.30 | 46.85 | 51.34 | 44.19 | 44.27 | 44.47 | 38.84 | 49.05 | 45.71 | 47.09 | 42.94 | 51.56 | 49.37 | 49.99 | 17.86 | 49.40 |
| Gross profit | 23.26 | 27.52 | 96.29 | 101.76 | 110.03 | 118.03 | 132.23 | 141.34 | 141.48 | 157.13 | 164.72 | 171.29 | 172.51 | 176.60 | 171.13 | 179.51 | 177.93 | 179.47 | 184.83 | 182.95 | 180.75 | 155.25 | 160.27 | 162.28 | 163.70 | 171.24 | 199.32 | 193.35 | 183.19 | 160.22 | 187.06 | 175.62 | 194.20 | 205.54 | 172.71 | 182.00 | 179.47 | 193.89 | 184.57 | 189.38 | 188.09 | 205.35 | 198.03 | 183.02 | 184.23 | 188.64 | 178.74 | 179.96 | 194.84 | 181.18 | 186.02 | 166.98 | 168.86 | 210.24 | 170.14 |
| Total operating expenses | 20.17 | 20.85 | 90.31 | 83.90 | 79.18 | 345.55 | 72.49 | 79.68 | 75.62 | 166.79 | 89.41 | -251.68 | 92.27 | 100.34 | 96.80 | 102.05 | 109.56 | 9.41 | 107.19 | 116.50 | 85.77 | 54.82 | 60.32 | 60.41 | 60.64 | 135.19 | 242.25 | 15.33 | 63.87 | 276.80 | 2.63 | 110.77 | 128.90 | 61.95 | 93.20 | 32.47 | 28.60 | 137.69 | 107.76 | 64.59 | 116.38 | 166.54 | 273.63 | 58.99 | 277.38 | 147.26 | 150.36 | 2.20 | 150.45 | 58.74 | 13.41 | 91.79 | 199.37 | 72.47 | 16.55 |
| Operating income | 3.09 | 6.66 | 5.98 | 17.87 | 30.85 | -227.53 | 59.74 | 61.67 | 65.86 | -9.67 | 75.31 | 422.97 | 80.24 | 76.26 | 74.39 | 77.43 | 68.37 | 170.06 | 77.64 | 66.45 | 94.97 | 100.42 | 99.95 | 101.87 | 103.06 | 107.99 | 129.26 | 123.10 | 113.93 | 92.48 | 123.79 | 113.65 | 132.39 | 143.64 | 109.65 | 117.92 | 114.87 | 128.93 | 119.65 | 124.29 | 123.31 | 144.60 | 137.96 | 122.92 | 123.08 | 118.20 | 115.72 | 117.86 | 132.53 | 110.14 | 121.13 | 105.46 | 110.60 | 154.05 | 104.62 |
| Non-operating income (net) | -163.81 | -494.74 | -143.88 | 61.46 | -81.39 | -272.93 | 13.27 | 96.14 | -111.72 | 38.78 | -60.38 | 168.89 | -43.27 | 17.86 | -298.43 | -57.76 | 11.69 | -26.34 | -117.12 | -0.38 | -31.89 | 123.15 | 22.81 | 74.92 | -384.95 | -130.95 | -232.10 | 22.59 | 68.51 | -269.71 | 4.22 | -104.66 | -122.04 | -47.49 | 110.91 | 47.48 | -11.68 | -124.59 | -85.38 | -43.39 | 133.98 | -149.06 | -257.19 | -41.89 | -258.62 | -122.43 | -138.14 | 8.20 | -140.51 | -39.41 | -0.48 | -73.07 | -201.89 | -87.19 | 23.18 |
| Income before tax | -160.71 | -488.08 | -137.90 | 79.33 | -50.54 | -500.46 | 73.01 | 157.81 | -45.86 | 29.12 | 14.92 | 591.86 | 36.97 | 94.13 | -224.04 | 19.67 | 80.06 | 143.72 | -39.48 | 66.07 | 63.09 | 223.57 | 122.76 | 176.79 | -281.89 | -22.96 | -102.84 | 145.68 | 182.43 | -177.23 | 128.01 | 9.00 | 10.34 | 96.15 | 220.56 | 165.40 | 103.19 | 4.34 | 34.27 | 80.90 | 257.30 | -4.46 | -119.24 | 81.03 | -135.53 | -4.23 | -22.43 | 126.05 | -7.97 | 70.73 | 120.64 | 32.39 | -91.30 | 66.86 | 127.80 |
| Income tax expense | -9.38 | -55.23 | -16.82 | 3.80 | 0.92 | -53.23 | 5.16 | 28.55 | 6.48 | -8.86 | 18.43 | 72.84 | 8.55 | 1.79 | 4.67 | 24.05 | 19.43 | 23.44 | 12.76 | 13.06 | 21.77 | -31.45 | 15.74 | 15.16 | -3.80 | -25.47 | 19.85 | 10.21 | 10.53 | 9.61 | 10.80 | 15.03 | 25.62 | 23.75 | 23.53 | 17.77 | 15.21 | 25.32 | 19.48 | 19.17 | 19.93 | 25.02 | 20.16 | 24.90 | 18.66 | 21.40 | 18.76 | 17.76 | 20.29 | 22.40 | 18.38 | 17.47 | 6.12 | 11.53 | 13.46 |
| Net income | -45.61 | -125.44 | -35.27 | 21.00 | -15.54 | -126.31 | 17.90 | 35.45 | -14.76 | 10.10 | -1.09 | 139.73 | 8.01 | 23.12 | -58.55 | -1.95 | 13.98 | 50.44 | -52.24 | 53.01 | 41.32 | 255.02 | 107.02 | 161.62 | -278.09 | 2.50 | -122.68 | 135.47 | 171.89 | -186.84 | 117.22 | -6.03 | -15.28 | 72.40 | 197.03 | 147.63 | 87.98 | -20.99 | 14.79 | 61.73 | 237.37 | -29.49 | -139.40 | 56.13 | -154.19 | -25.64 | -41.19 | 108.29 | -28.27 | 48.33 | 102.27 | 14.92 | -97.43 | 55.33 | 114.34 |