Telesat reported total assets of $4887.56M and total liabilities of $4031.02M for the quarter ended Jun 2026, up 0.3% year over year. This balance sheet covers 24 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2019 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 1,238.20M | 1,150.01M | 1,194.15M | 1,162.59M | 1,284.33M | 1,236.03M | 1,264.57M | 1,129.33M | 1,324.06M | 1,226.01M | 1,303.37M | 1,043.51M | 789.79M | 395.19M | 555.70M | 395.06M | 350.68M | 365.57M | 381.17M | 277.05M | ||||
| Short-term InvestmentsInvestments (Current) | 0.38M | 0.68M | 0.68M | 0.61M | 0.40M | 6.29M | 0.35M | 0.37M | 0.38M | 0.46M | 0.49M | 0.46M | 0.16M | 0.40M | 0.48M | 0.30M | 0.32M | 0.31M | 0.31M | 0.40M | ||||
| Cash & Current Investments | 1,238.57M | 1,150.70M | 1,194.83M | 1,163.20M | 1,284.73M | 1,242.32M | 1,264.92M | 1,129.70M | 1,324.44M | 1,226.47M | 1,303.87M | 1,043.97M | 789.95M | 395.60M | 556.18M | 395.35M | 351.00M | 365.88M | 381.48M | 277.46M | ||||
| Receivables - NetNet Receivables | 44.48M | 79.93M | 54.29M | 54.93M | 39.66M | 30.39M | 38.34M | 294.10M | 48.03M | 57.51M | 48.43M | 54.45M | 44.83M | 113.77M | 43.42M | 36.70M | 38.65M | 41.89M | 42.89M | 39.42M | ||||
| Receivables | 44.48M | 79.93M | 54.29M | 54.93M | 39.66M | 30.39M | 38.34M | 294.10M | 48.03M | 57.51M | 48.43M | 54.45M | 44.83M | 113.77M | 43.42M | 36.70M | 38.65M | 41.89M | 42.89M | 39.42M | ||||
| Raw Materials | 55.34M | 18.09M | 19.17M | 34.62M | 66.30M | 57.91M | 60.89M | 54.68M | 67.66M | 56.27M | 77.03M | 86.17M | 76.62M | 131.62M | 129.59M | 86.96M | 106.36M | 93.23M | 107.33M | 123.25M | ||||
| Inventory | 1.49M | 3.17M | 1.04M | 1.07M | ||||||||||||||||||||
| Prepaid Assets | 30.27M | 32.58M | 44.80M | 44.73M | 49.56M | 37.07M | 45.64M | 36.39M | 37.38M | 38.32M | 41.23M | 61.53M | 85.65M | 200.77M | 185.22M | 182.73M | 215.05M | 184.62M | 193.81M | 185.30M | ||||
| Current Assets | 1,313.32M | 1,283.17M | 1,296.53M | 1,267.11M | 1,386.26M | 1,317.44M | 1,365.36M | 1,462.14M | 1,419.55M | 1,334.42M | 1,408.63M | 1,163.04M | 927.05M | 731.08M | 804.90M | 629.59M | 610.74M | 596.66M | 625.52M | 516.21M | ||||
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 1,021.92M | 1,134.22M | 1,085.35M | 1,075.70M | 1,082.35M | 1,004.92M | 988.84M | 967.46M | 973.12M | 925.73M | 943.71M | 1,138.65M | 1,347.82M | 1,630.09M | 1,893.32M | 1,794.11M | 1,928.21M | 1,948.11M | 2,103.95M | 2,217.73M | ||||
| Long-Term Investments | 511.87M | 377.59M | ||||||||||||||||||||||
| Goodwill | 1,943.60M | 1,940.98M | 1,931.53M | 1,918.97M | 1,875.92M | 1,802.42M | 1,809.74M | 1,821.38M | 1,825.00M | 1,797.12M | 1,847.78M | 1,835.26M | 1,823.69M | 1,870.49M | 1,821.33M | 1,804.20M | 1,849.55M | 1,588.04M | 1,573.69M | 1,589.63M | ||||
| Intangibles | 608.54M | 605.04M | 599.92M | 594.68M | 584.90M | 557.59M | 557.53M | 569.74M | 570.13M | 508.85M | 513.76M | 504.56M | 502.63M | 356.11M | 308.23M | 339.36M | 335.27M | 317.15M | 317.60M | 310.05M | ||||
| Goodwill & Intangibles | 2,552.15M | 546.08M | 2,531.45M | 2,513.65M | 2,460.82M | 512.60M | 2,367.27M | 2,391.12M | 2,395.13M | 521.29M | 2,361.54M | 2,339.82M | 2,326.32M | 437.51M | 2,129.56M | 440.12M | 443.81M | 594.34M | 1,891.29M | 1,899.68M | ||||
| Long-Term Deferred Tax | 49.67M | 36.64M | 36.29M | 36.57M | 39.07M | 36.82M | 36.92M | 2.36M | 2.15M | 2.17M | 2.10M | 1.81M | 1.84M | 2.19M | 1.95M | 2.42M | 2.93M | 3.03M | 3.48M | 3.88M | ||||
| Other Non-Current Assets | 13.44M | 24.79M | 24.53M | 23.92M | 22.81M | 35.34M | 35.02M | 34.98M | 34.61M | 58.72M | 30.35M | 29.30M | 28.71M | 369.74M | 291.19M | 289.16M | 288.06M | 264.36M | 238.04M | 234.63M | ||||
| Non-Current Assets | 3,647.83M | 3,764.39M | 3,700.63M | 3,672.36M | 3,626.50M | 3,456.10M | 3,446.34M | 3,412.91M | 3,421.74M | 3,302.97M | 3,348.21M | 3,519.78M | 3,714.76M | 4,240.62M | 4,160.75M | 4,245.06M | 4,421.94M | 4,138.82M | 4,254.37M | 4,371.34M | ||||
| Assets | 4,961.15M | 5,047.56M | 4,997.17M | 4,939.47M | 5,012.77M | 4,773.54M | 4,811.70M | 4,875.05M | 4,841.29M | 4,637.39M | 4,756.84M | 4,682.82M | 4,641.81M | 4,971.70M | 4,965.65M | 4,874.65M | 5,032.68M | 4,735.48M | 4,879.89M | 4,887.56M | ||||
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payables | 26.62M | 43.34M | 30.86M | 19.13M | 29.53M | 32.09M | 32.15M | 19.13M | 33.21M | 32.04M | 38.29M | 118.43M | 115.43M | 113.30M | 64.58M | 64.95M | 81.08M | 41.19M | 64.79M | 36.27M | ||||
| Notes Payables | 3.60M | 0.06M | 26.84M | 12.40M | 1,678.80M | 1,731.53M | 1,982.79M | |||||||||||||||||
| Payables | 26.62M | 43.34M | 34.46M | 19.13M | 29.53M | 32.09M | 32.15M | 19.19M | 60.05M | 32.04M | 38.29M | 118.43M | 127.83M | 113.30M | 64.58M | 64.95M | 81.08M | 1,720.00M | 1,796.31M | 2,019.07M | ||||
| Accumulated Expenses | 30.63M | 28.69M | 36.02M | 37.48M | ||||||||||||||||||||
| Other Accumulated Expenses | 72.52M | -1.55M | 64.88M | 66.79M | 70.18M | -0.87M | 53.59M | 54.31M | 53.00M | 46.36M | 43.17M | 44.72M | 50.23M | 47.18M | 43.34M | 40.60M | 36.62M | 41.90M | 43.54M | 39.51M | ||||
| Short term Debt | 50.39M | 29.07M | 41.58M | 17.78M | 53.76M | 35.65M | 53.34M | 34.96M | 38.28M | 21.35M | 37.03M | 20.61M | 31.36M | 18.96M | 30.26M | 17.56M | 30.18M | 615.00M | 648.88M | 972.02M | ||||
| Current Taxes | 4.46M | 0.56M | 10.94M | 0.68M | 2.56M | 2.96M | 3.19M | 6.28M | 1.41M | 2.05M | 5.97M | 3.21M | 4.23M | 4.68M | 0.79M | 0.61M | 1.99M | 0.03M | 0.08M | |||||
| Total Current Liabilities | 149.54M | 144.35M | 141.47M | 114.64M | 154.15M | 126.27M | 142.04M | 111.65M | 157.62M | 101.17M | 120.54M | 189.74M | 212.63M | 183.67M | 142.85M | 123.90M | 148.49M | 2,378.88M | 2,488.76M | 3,030.69M | ||||
| Non-Current Liabilities | ||||||||||||||||||||||||
| Non-Current Debt | 3,022.98M | 3,008.80M | 2,931.04M | 2,867.54M | 3,011.79M | 2,836.37M | 2,840.07M | 2,571.34M | 2,444.37M | 2,348.32M | 2,425.98M | 2,195.04M | 2,134.13M | 2,216.71M | 2,336.91M | 2,299.93M | 2,404.53M | 826.41M | 926.29M | 760.10M | ||||
| Pension | 35.88M | 24.21M | 52.42M | 50.45M | 46.73M | |||||||||||||||||||
| Minority Interest | 1,015.96M | 1,051.31M | 1,078.57M | 995.77M | 1,000.97M | 1,003.62M | 1,268.54M | 1,303.24M | 1,275.94M | 1,310.13M | 1,375.58M | 1,390.01M | 1,278.81M | 1,209.05M | 1,156.86M | 1,148.81M | 888.31M | 834.92M | 584.28M | |||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 230.60M | 235.08M | 231.92M | 224.60M | 216.98M | 199.83M | 199.85M | 199.55M | 201.90M | 172.80M | 173.16M | 168.33M | 164.29M | 125.66M | 120.68M | 119.16M | 112.09M | 65.97M | 58.52M | 49.62M | ||||
| Operating Leases | 1.67M | 23.56M | 22.86M | 22.43M | 42.45M | 42.60M | 26.81M | 41.07M | 46.37M | |||||||||||||||
| Other Non-Current Liabilities | 304.73M | 294.69M | 283.31M | 276.27M | 270.78M | 240.94M | 234.76M | 229.35M | 225.75M | 242.00M | 211.37M | 201.65M | 183.82M | 451.38M | 462.18M | 487.28M | 536.14M | 188.03M | 185.79M | 183.71M | ||||
| Total Non-Current Liabilities | 3,423.11M | 3,407.14M | 3,321.90M | 3,223.49M | 3,399.66M | 3,176.95M | 3,195.70M | 2,895.28M | 2,816.16M | 2,633.26M | 2,730.49M | 2,563.36M | 2,520.75M | 2,733.05M | 2,800.57M | 2,742.44M | 2,863.05M | 3,278.50M | 3,480.71M | 3,847.31M | ||||
| Total Liabilities | 3,727.84M | 3,701.83M | 3,605.22M | 3,499.77M | 3,670.45M | 3,417.89M | 3,430.46M | 3,124.63M | 3,041.91M | 2,875.25M | 2,941.87M | 2,765.02M | 2,704.58M | 3,184.44M | 3,262.75M | 3,229.72M | 3,399.19M | 3,466.53M | 3,666.51M | 4,031.02M | ||||
| Shareholder's Equity | ||||||||||||||||||||||||
| Total Debt | 3,073.37M | 3,037.88M | 2,976.22M | 2,885.32M | 3,065.55M | 2,872.02M | 2,893.41M | 2,606.36M | 2,509.49M | 2,369.67M | 2,463.00M | 2,215.65M | 2,177.88M | 2,235.67M | 2,367.17M | 2,317.49M | 2,434.71M | 3,120.22M | 3,306.70M | 3,714.92M | ||||
| Common Equity | 1,233.31M | 1,350.43M | 1,391.95M | 1,439.71M | 1,342.32M | 1,355.65M | 1,381.24M | 1,750.42M | 1,799.38M | 1,762.14M | 1,814.97M | 1,917.81M | 1,937.24M | 1,787.26M | 1,702.90M | 1,644.92M | 1,633.49M | 1,268.95M | 1,213.39M | 856.54M | ||||
| Liabilities and Shareholders Equity | 4,961.15M | 5,047.56M | 4,997.17M | 4,939.47M | 5,012.77M | 4,773.54M | 4,811.70M | 4,875.05M | 4,841.29M | 4,637.39M | 4,756.84M | 4,682.82M | 4,641.81M | 4,971.70M | 4,965.65M | 4,874.65M | 5,032.68M | 4,735.48M | 4,879.89M | 4,887.56M | ||||
| Retained Earnings | 1,054.27M | 277.69M | 287.38M | 291.95M | 245.96M | 262.47M | 280.75M | 389.74M | 390.38M | 392.28M | 388.30M | 414.86M | 429.22M | 334.54M | 318.28M | 351.72M | 328.53M | 237.22M | 207.61M | 85.98M |