Telesat (TSAT) Change in Taxes (2020 - 2025)
Telesat (TSAT) reported Change in Taxes of -$39.6 million for Q4 2025, down 4.02% year-over-year from -$41.3 million in Q4 2024, and down 838.21% quarter-over-quarter from $5.4 million in Q3 2025.
Telesat (TSAT) Change in Taxes (2020 - 2025) Analysis & Trends
Telesat (TSAT) has 6 years of Change in Taxes data on file, last reported at -$39.6 million in Q4 2025.
- Change in Taxes for Q4 2025 came in at -$39.6 million, down 4.02% year-over-year; the trailing twelve-month figure through Dec 2025 was -$32.2 million (up 38.78% YoY), and the FY2025 annual result was $48.2 million, up 406.44% from the prior year.
- Change in Taxes declined to -$39.6 million in Q4 2025 per TSAT's latest filing, from $5.4 million in the prior quarter.
- Over five years, Change in Taxes peaked at $135.2 million in Q3 2023 and troughed at -$68.2 million in Q2 2023.
- A 5-year average of -$332382.9 and a median of -$1.4 million in 2024 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 3675.7% in 2023 and fell as far as 412.12% in 2023.
- A 5-year view of Change in Taxes shows it stood at $24.4 million in 2021, then slumped by 90.15% to $2.4 million in 2022, then slumped by 412.12% to -$7.5 million in 2023, then plunged by 407.38% to -$38.1 million in 2024, then decreased by 4.02% to -$39.6 million in 2025.
- Business Quant data shows TSAT's Change in Taxes at -$39.6 million in Q4 2025, $5.4 million in Q3 2025, and -$36.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 161.00 Mn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | - |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | - |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 86.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | - |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 503,000.00 |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | - |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | - |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 24.00 Mn |
| 10 | Telesat | 474.30 Mn | 108.43 Mn | - | -39.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -39.64 Mn |
| Dec 31, 2025 | -39.64 Mn |
| Sep 30, 2025 | 5.37 Mn |
| Sep 30, 2025 | 5.37 Mn |
| Jun 30, 2025 | -36.49 Mn |
| Jun 30, 2025 | -36.49 Mn |
| Mar 31, 2025 | 38.52 Mn |
| Mar 31, 2025 | 38.52 Mn |
| Dec 31, 2024 | -38.10 Mn |
| Dec 31, 2024 | -38.10 Mn |
| Sep 30, 2024 | 55.14 Mn |
| Sep 30, 2024 | 55.14 Mn |
| Jun 30, 2024 | -64.53 Mn |
| Jun 30, 2024 | -64.53 Mn |
| Mar 31, 2024 | -5.16 Mn |
| Mar 31, 2024 | -5.16 Mn |
| Dec 31, 2023 | -7.51 Mn |
| Dec 31, 2023 | -7.51 Mn |
| Sep 30, 2023 | 135.17 Mn |
| Sep 30, 2023 | 135.17 Mn |