Telesat (TSAT) Tax Rate (2020 - 2026)
Telesat (TSAT) posted quarterly Tax Rate of 5.83% for Q1 2026, up 1803.0% year-over-year from 0.31% in Q1 2025, and down 48.45% quarter-over-quarter from 11.32% in Q4 2025.
Telesat (TSAT) Tax Rate (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Tax Rate for 7 consecutive years, with 5.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 1803.0% year-over-year to 5.83%; the TTM figure through Mar 2026 stood at 7.25% (down 679.0% YoY), while the FY2025 annual figure was 11.27%, up 714.0% from the prior year.
- Tax Rate fell to 5.83% in Q1 2026 per TSAT's latest filing, from 11.32% in the prior quarter.
- Across five years, Tax Rate topped out at 1214.2% in Q3 2023 and bottomed at 123.51% in Q1 2023.
- Historically, Tax Rate has averaged 109.5% across 5 years, with a median of 7.07% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 128468 bps — and 2024, when it sank 122127 bps.
- Telesat's Tax Rate stood at 4.08% in 2022, then slumped by 961 bps to 35.11% in 2023, then surged by 130 bps to 10.64% in 2024, then climbed by 6 bps to 11.32% in 2025, then tumbled by 48 bps to 5.83% in 2026.
- Business Quant data shows TSAT's Tax Rate at 5.83% in Q1 2026, 11.32% in Q4 2025, and 12.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 16.49% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 10.73% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 24.80% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 21.55% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 5.56% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 19.38% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -29.00% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -0.37% |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | 5.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.83% |
| Mar 31, 2026 | 5.83% |
| Mar 31, 2026 | 5.83% |
| Dec 31, 2025 | 11.32% |
| Dec 31, 2025 | 11.32% |
| Dec 31, 2025 | 11.32% |
| Sep 30, 2025 | -12.20% |
| Sep 30, 2025 | -12.20% |
| Sep 30, 2025 | -12.20% |
| Jun 30, 2025 | -4.79% |
| Jun 30, 2025 | -4.79% |
| Jun 30, 2025 | -4.79% |
| Mar 31, 2025 | -12.20% |
| Mar 31, 2025 | -12.20% |
| Mar 31, 2025 | -12.20% |
| Dec 31, 2024 | 10.64% |
| Dec 31, 2024 | 10.64% |
| Dec 31, 2024 | 10.64% |
| Sep 30, 2024 | -7.07% |
| Sep 30, 2024 | -7.07% |