Telesat (TSAT) Tax Provisions (2020 - 2026)
Telesat's (TSAT) quarterly Tax Provisions came in at -$3.9 million in Q2 2026, down 42.63% year-over-year from -$6.8 million in Q2 2025, and up 42.66% quarter-over-quarter from -$6.8 million in Q1 2026.
Analysis
Telesat (TSAT) Tax Provisions (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Tax Provisions for 7 consecutive years, with -$3.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 42.63% year-over-year to -$3.9 million in Q2 2026; TTM through Jun 2026 was -$38.1 million, a 19.32% increase from a year earlier, with the FY2025 full-year figure at $48.2 million, up 416.73% from the prior year.
- Tax Provisions was -$3.9 million for Q2 2026 at Telesat, up from -$6.8 million in the prior quarter.
- Over five years, Tax Provisions peaked at $18.9 million in Q2 2022 and troughed at -$54.2 million in Q2 2023.
- A 5-year average of -$11.5 million and a median of -$6.0 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions surged 673.68% in 2022 and slumped 412.12% in 2023, its largest moves.
- Over 5 years, Tax Provisions stood at $2.4 million in 2022, then tumbled by 412.12% to -$7.5 million in 2023, then sank by 407.38% to -$38.1 million in 2024, then retreated by 4.02% to -$39.6 million in 2025, then soared by 90.14% to -$3.9 million in 2026.
- The last three Tax Provisions figures came in at -$3.9 million (Q2 2026), -$6.8 million (Q1 2026), and -$39.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 1.33 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 1.11 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 3.91 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 23.11 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 3.13 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -3.91 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 8.78 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 203,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.91 Mn |
| 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 | -2.65 Mn |
| 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 | -13.75 Mn |
| Jun 30, 2023 | -54.22 Mn |
| Mar 31, 2023 | -18.43 Mn |
| Dec 31, 2022 | 2.41 Mn |
| Sep 30, 2022 | -3.58 Mn |
| Jun 30, 2022 | 18.86 Mn |
| Mar 31, 2022 | -19.43 Mn |
| Dec 31, 2021 | 24.42 Mn |
| Sep 30, 2021 | -10.14 Mn |