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| 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 | 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 |