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
DateValue
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%