Telesat (TSAT) Tax Provisions (2020 - 2026)

Telesat (TSAT) posted quarterly Tax Provisions of -$6.8 million for Q1 2026, down 1165.82% year-on-year from $639769.3 in Q1 2025, and up 82.8% on a QoQ basis from -$39.6 million in Q4 2025.

Telesat (TSAT) Tax Provisions (2020 - 2026) Analysis & Trends

Telesat (TSAT) has reported Tax Provisions for 7 consecutive years, with -$6.8 million the latest figure, recorded in Q1 2026.

  • Quarterly Tax Provisions fell 1165.82% year-over-year to -$6.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$37.0 million (up 40.48% YoY) and the FY2025 annual result came in at $48.2 million, up 406.44% from the prior year.
  • Tax Provisions grew to -$6.8 million in Q1 2026 per TSAT's latest filing, from -$39.6 million in the prior quarter.
  • Over the last five years, Tax Provisions for TSAT reached as high as $135.2 million in Q3 2023 and fell as low as -$68.2 million in Q2 2023.
  • A 5-year average of -$5.3 million and a median of -$5.2 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2023 — Tax Provisions soared 3875.7% — and 2026, when it tumbled 1165.82%.
  • Year by year, Tax Provisions stood at $2.4 million in 2022, then plunged by 412.12% to -$7.5 million in 2023, then slumped by 407.38% to -$38.1 million in 2024, then fell by 4.02% to -$39.6 million in 2025, then surged by 82.8% to -$6.8 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$6.8 million, -$39.6 million, and $12.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Cisco Systems 451.56 Bn 434.92 Bn 10.08 Bn 666.00 Mn
2 Motorola Solutions 69.90 Bn 69.01 Bn 1.36 Bn 73.00 Mn
3 Hewlett Packard Enterprise 64.41 Bn 59.56 Bn 9.10 Bn -19.00 Mn
4 Ciena 54.01 Bn 52.71 Bn 625.52 Mn 30.83 Mn
5 Lumentum Holdings 52.82 Bn 49.65 Bn 357.00 Mn 39.60 Mn
6 Nokia 50.02 Bn 42.71 Bn 9.86 Bn -
7 Ubiquiti 32.62 Bn 32.25 Bn 370.71 Mn 56.25 Mn
8 Ericsson Lm Telephone 32.02 Bn 26.34 Bn 2.53 Bn -174.76 Mn
9 AST SpaceMobile 16.92 Bn 16.92 Bn 3.67 Mn 1.17 Mn
10 Telesat 574.00 Mn 182.09 Mn 62.14 Mn -6.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.82 Mn
Dec 31, 2025 -39.64 Mn
Sep 30, 2025 12.22 Mn
Jun 30, 2025 -2.74 Mn
Mar 31, 2025 639,769.33
Dec 31, 2024 -38.10 Mn
Sep 30, 2024 -3.79 Mn
Jun 30, 2024 -20.87 Mn
Mar 31, 2024 -5.16 Mn
Dec 31, 2023 -7.51 Mn
Sep 30, 2023 135.17 Mn
Jun 30, 2023 -68.20 Mn
Mar 31, 2023 7.56 Mn
Dec 31, 2022 2.41 Mn
Sep 30, 2022 -3.58 Mn
Jun 30, 2022 -31.54 Mn
Mar 31, 2022 -19.43 Mn
Dec 31, 2021 24.42 Mn
Sep 30, 2021 65.47 Mn
Jun 30, 2021 -3.29 Mn