Telesat (TSAT) Tax Provisions (2020 - 2026)
Telesat (TSAT) posted quarterly Tax Provisions of -$6.8 million for Q1 2026, down 140.54% year-over-year from $16.8 million in Q1 2025, and up 82.8% quarter-over-quarter 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.
- In Q1 2026, Tax Provisions fell 140.54% year-over-year to -$6.8 million; the TTM figure through Mar 2026 stood at -$37.0 million (up 19.52% YoY), while the FY2025 annual figure was -$48.2 million, down 406.44% from the prior year.
- Tax Provisions climbed to -$6.8 million in Q1 2026 per TSAT's latest filing, from -$39.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $135.2 million in Q3 2023 and bottomed at -$70.2 million in Q3 2022.
- Historically, Tax Provisions has averaged -$5.7 million across 5 years, with a median of -$6.8 million in 2026.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 412.12% — and 2025, when it jumped 425.74%.
- Telesat's 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 slipped by 4.02% to -$39.6 million in 2025, then surged by 82.8% to -$6.8 million in 2026.
- Business Quant data shows TSAT's Tax Provisions at -$6.8 million in Q1 2026, -$39.6 million in Q4 2025, and $12.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 666.00 Mn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 75.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 184.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 39.60 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 12.84 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 56.25 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -177.87 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 1.11 Mn |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | -6.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 16.82 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 | 135.17 Mn |
| Jun 30, 2023 | -68.20 Mn |
| Mar 31, 2023 | -18.43 Mn |
| Dec 31, 2022 | 2.41 Mn |
| Sep 30, 2022 | -70.25 Mn |
| Jun 30, 2022 | 36.66 Mn |
| Mar 31, 2022 | -19.43 Mn |
| Dec 31, 2021 | 24.42 Mn |
| Sep 30, 2021 | -65.47 Mn |
| Jun 30, 2021 | 53.38 Mn |