Telesat TSAT
NASDAQ TSAT
$44.90 +0.85 (+1.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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