Telesat (TSAT) Tax Rate (2020 - 2026)
Telesat's (TSAT) quarterly Tax Rate came in at 0.98% in Q2 2026, up 577.0% year-over-year from 0.14% in Q2 2025, and down 42.17% quarter-over-quarter from 1.69% in Q1 2026.
Analysis
Telesat (TSAT) Tax Rate (2020 - 2026) Analysis & Trends
Telesat (TSAT) has reported Tax Rate for 7 consecutive years, with 0.98% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 577.0% year-over-year to 0.98% in Q2 2026; TTM through Jun 2026 was 3.04%, a 2156.0% decrease from a year earlier, with the FY2025 full-year figure at 11.27%, down 714.0% from the prior year.
- Tax Rate was 0.98% for Q2 2026 at Telesat, down from 1.69% in the prior quarter.
- Over five years, Tax Rate peaked at 429.15% in Q2 2022 and troughed at 123.51% in Q1 2023.
- A 5-year average of 4.84% and a median of 5.93% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 40140 bps in 2022 and plunged 44145 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 4.08% in 2022, then slumped by 961 bps to 35.11% in 2023, then soared by 130 bps to 10.64% in 2024, then gained by 6 bps to 11.32% in 2025, then slumped by 91 bps to 0.98% in 2026.
- The last three Tax Rate figures came in at 0.98% (Q2 2026), 1.69% (Q1 2026), and 11.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 13.56% |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -0.37% |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -17.27% |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | -116.07% |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 21.83% |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | 0.98% |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 129.68% |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 55.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.98% |
| Mar 31, 2026 | 1.69% |
| Dec 31, 2025 | 11.32% |
| Sep 30, 2025 | -12.20% |
| Jun 30, 2025 | -4.79% |
| Mar 31, 2025 | -4.79% |
| Dec 31, 2024 | 10.64% |
| Sep 30, 2024 | -7.07% |
| Jun 30, 2024 | -18.09% |
| Mar 31, 2024 | -7.07% |
| Dec 31, 2023 | -35.11% |
| Sep 30, 2023 | -123.51% |
| Jun 30, 2023 | -12.31% |
| Mar 31, 2023 | -123.51% |
| Dec 31, 2022 | 4.08% |
| Sep 30, 2022 | 2.08% |
| Jun 30, 2022 | 429.15% |
| Mar 31, 2022 | -24.27% |
| Dec 31, 2021 | 74.50% |
| Sep 30, 2021 | 32.33% |