Telesat (TSAT) Shares Outstanding (Diluted Average) (2019 - 2025)

Telesat (TSAT) reported Shares Outstanding (Diluted Average) of $10.5 million for Q4 2025, up 5.23% year-over-year from $10.0 million in Q4 2024, and down 0.99% quarter-over-quarter from $10.6 million in Q3 2025.

Telesat (TSAT) Shares Outstanding (Diluted Average) (2019 - 2025) Analysis & Trends

Telesat (TSAT) has 7 years of Shares Outstanding (Diluted Average) data on file, last reported at $10.5 million in Q4 2025.

  • Shares Outstanding (Diluted Average) for Q4 2025 came in at $10.5 million, up 5.23% year-over-year; the trailing twelve-month figure through Dec 2025 was $10.5 million (up 5.23% YoY), and the FY2025 annual result was $10.5 million, up 2.93% from the prior year.
  • Shares Outstanding (Diluted Average) declined to $10.5 million in Q4 2025 per TSAT's latest filing, from $10.6 million in the prior quarter.
  • Over five years, Shares Outstanding (Diluted Average) peaked at $41.2 million in Q2 2021 and troughed at $9.1 million in Q4 2022.
  • A 5-year average of $16.2 million and a median of $11.4 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
  • The sharpest annual moves came in 2022 and 2024: Shares Outstanding (Diluted Average) slumped 76.89% in 2022, then jumped 38.46% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $37.0 million in 2021, then sank by 75.48% to $9.1 million in 2022, then advanced by 23.82% to $11.2 million in 2023, then retreated by 11.15% to $10.0 million in 2024, then gained by 5.23% to $10.5 million in 2025.
  • Business Quant data shows TSAT's Shares Outstanding (Diluted Average) at $10.5 million in Q4 2025, $10.6 million in Q3 2025, and $11.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 3.98 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 145.80 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 168.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 1.36 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 87.40 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 60.57 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 290.69 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 75.98 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn -
10 Telesat 474.30 Mn 108.43 Mn - 10.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 10.50 Mn
Sep 30, 2025 10.60 Mn
Jun 30, 2025 11.72 Mn
Mar 31, 2025 10.32 Mn
Dec 31, 2024 9.98 Mn
Sep 30, 2024 11.59 Mn
Jun 30, 2024 11.45 Mn
Mar 31, 2024 16.06 Mn
Dec 31, 2023 11.23 Mn
Sep 30, 2023 11.31 Mn
Jun 30, 2023 11.10 Mn
Mar 31, 2023 11.60 Mn
Dec 31, 2022 9.07 Mn
Sep 30, 2022 9.36 Mn
Jun 30, 2022 10.84 Mn
Mar 31, 2022 13.56 Mn
Dec 31, 2021 36.99 Mn
Sep 30, 2021 40.51 Mn
Jun 30, 2021 41.25 Mn
Mar 31, 2021 25.84 Mn