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| Date | Value |
|---|---|
| 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 |