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Telesat Corporation (TSAT) is a communication services company in the various orbital communication providers industry, based in Ottawa, Canada, with about 711 full-time employees.
It reported revenue of 417.96 million CAD for fiscal year 2025, down 26.8% from fiscal year 2024, and net income of -155.35 million CAD. In Q2 2026 (the quarter ended June 30, 2026) revenue was 79.49 million CAD, down 25.1% from a year before. Its largest business segment, Geostationary Orbit, brought in 99% of segment revenue in fiscal year 2025; Canada was the largest region with 51%. Its market capitalization was $2.36 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments.
Telesat reported 417.96 million CAD in revenue for fiscal year 2025, down 26.8% from 571.04 million CAD in fiscal year 2024. In Q2 2026 revenue was 79.49 million CAD.
Geostationary Orbit, with 413.06 million CAD or 99% of segment revenue in fiscal year 2025. Next: Low Earth Orbit (1%).
Canada: 51% of revenue by region in fiscal year 2025, followed by United States (32%).
$2.36 billion as of October 9, 2026.