---
title: "Telesat (TSAT.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/TSAT.US/norm.md"
symbol: "TSAT.US"
name: "Telesat"
parent: "https://longbridge.com/en/quote/TSAT.US.md"
datetime: "2026-03-10T04:37:46.330Z"
locales:
  - [en](https://longbridge.com/en/quote/TSAT.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/TSAT.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/TSAT.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/TSAT.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/TSAT.US/norm.md)


# Telesat (TSAT.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -1.71 | 1.01 | -0.7547 | -6.43 | 0.9100 |
| ROE | -21.00% | 12.13% | -8.76% | -69.36% | 9.62% |
| Revenue | 72.60M | 77.45M | 81.55M | 89.15M | 102.42M |
| Net income | -25.34M | 15.32M | -10.85M | -87.98M | 13.24M |
| Operating income | 4.75M | 13.89M | 19.29M | 25.41M | 43.04M |
| Gross margin | 43.86% | 53.26% | 55.65% | 52.97% | 67.60% |
| Net margin | -34.90% | 19.79% | -13.31% | -98.68% | 12.93% |
| Profit quality | -58.24% | -62.05% | 19.88% | -2156.15% | -1747.70% |

## Balance Sheet (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 4.98B | 4.93B | 4.98B | 4.84B | 4.68B |
| Leverage | 3.08 | 2.96 | 2.92 | 2.78 | 2.40 |
| BVPS | 32.38 | 33.36 | 34.19 | 34.86 | 39.30 |
| Turnover | 0.0682 | 0.0744 | 0.0791 | 0.0861 | 0.0950 |
| Cash & STI | 346.68M | 399.53M | 556.96M | 384.53M | 797.07M |
| Inv & Rec | - | - | - | 1.01M | - |
| LT assets | 1.91B | 1.81B | 1.70B | 1.59B | 1.36B |
| Net debt | 2.07B | 1.96B | 1.81B | 1.80B | 1.39B |

## Cash Flow Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -8.15M | -22.38M | 97.04M | -1.18M | -2.46M |
| Investing CF | -91.38M | -132.95M | -161.04M | -388.27M | -232.46M |
| Financing CF | 46.02M | -5.90M | 232.25M | -8.44M | -15.60M |
| Free CF | -58.95M | -95.32M | -82.60M | -560.10M | -196.07M |
| OCF coverage | -8.86% | -16.34% | 58.97% | -0.30% | -0.95% |
| Repaid & issued | 46.69M | 0.0000 | 237.49M | - | - |
| CapEx | -91.56M | -132.95M | -164.19M | -390.17M | -244.39M |