Telesat reported cash from operations of -$54.57M and free cash flow of -$14.41M for the quarter ended Jun 2026, down 146.6% year over year. This cash flow statement covers 25 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Dec2019 | Mar2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||
| Net Income | -41.50M | 95.42M | 47.87M | -3.43M | -175.36M | 187.16M | 21.02M | 386.39M | -2.62M | 28.90M | -38.84M | 94.51M | 49.73M | -320.15M | -35.86M | 54.51M | -87.98M | -310.65M | -110.07M | -403.79M | |||||
| Depreciation and DepletionDep. & Depletion | 40.25M | 39.96M | 38.93M | 36.46M | 35.48M | 34.40M | 34.30M | 34.72M | 35.10M | 31.29M | 27.01M | 23.14M | 23.63M | 19.33M | 18.06M | 18.70M | 19.01M | 19.16M | 16.14M | 15.95M | |||||
| Share-based CompensationStock Comp. | 18.74M | 18.68M | 19.08M | 14.66M | 9.66M | 8.82M | 6.63M | 7.48M | 5.27M | 5.10M | 4.03M | 4.39M | 2.24M | 2.19M | 2.26M | 1.70M | 2.19M | -3.20M | 2.28M | 2.75M | |||||
| Deferred Taxes | 15.34M | ||||||||||||||||||||||||
| Gains from Sales and DivestituresGains Divest | 0.02M | 0.06M | 0.02M | 0.02M | -0.02M | 0.00M | 0.01M | -0.04M | -0.01M | 0.02M | 0.26M | 0.12M | -2.75M | 0.09M | -0.02M | 0.01M | -0.01M | 0.01M | |||||||
| Gains from Investment SecuritiesGains Investment | 54.35M | -16.02M | -28.54M | 77.52M | 191.04M | -53.23M | -7.50M | -49.83M | 57.35M | -56.98M | 50.77M | 25.21M | -26.15M | 126.93M | -1.73M | -82.72M | 23.46M | -15.35M | 12.62M | 14.39M | |||||
| Asset Writedowns and ImpairmentWritedown | 0.06M | 0.02M | 61.60M | ||||||||||||||||||||||
| Change in Working CapitalChange Working Cap. | -5.12M | -48.69M | -27.78M | -13.48M | 18.06M | 16.27M | -15.58M | -5.10M | -2.78M | -5.56M | 5.16M | -26.44M | -34.04M | 21.85M | 82.77M | -7.16M | -24.42M | -1.38M | 9.30M | -15.89M | |||||
| Change in ReceivablesChange Receivables | -3.12M | -6.13M | 68.34M | 5.00M | -1.63M | -4.61M | -0.55M | 4.09M | |||||||||||||||||
| Change in Account PayablesChange Payables | -1.45M | 14.02M | -1.10M | -8.79M | 11.32M | -3.84M | 7.22M | -14.15M | |||||||||||||||||
| Cash from OperationsCash from Ops. | 75.91M | 36.05M | 34.30M | 20.19M | 70.42M | 57.86M | 46.34M | 29.55M | 40.76M | 9.60M | 56.90M | -6.72M | -2.44M | -1.21M | 96.82M | -22.13M | -8.24M | -21.66M | 2.64M | -54.57M | |||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||
| Amortization of Deferred ChargesAmort. Deferred Charges | 12.61M | -90.83M | -12.97M | -11.55M | -13.09M | -21.25M | -11.45M | -11.25M | -11.09M | -10.20M | -10.14M | -10.02M | -10.89M | -11.33M | -10.04M | -10.66M | -12.31M | -7.24M | -8.24M | -8.34M | |||||
| Depreciation & Amortization (CF)Dep. & Amort. | 3.17M | 3.12M | 2.92M | 2.94M | 2.88M | 2.78M | 2.49M | 2.53M | 2.36M | 2.33M | 2.09M | 2.05M | 2.06M | 2.08M | 7.60M | 8.40M | 8.22M | 7.41M | 6.28M | 6.31M | |||||
| Investing Activities | |||||||||||||||||||||||||
| Capital ExpendituresCapex | 10.80M | -45.10M | -7.61M | -6.07M | -4.67M | -6.81M | 16.16M | 34.91M | 7.15M | -89.06M | -14.31M | -9.10M | 239.27M | -12.07M | -24.21M | -25.41M | -22.04M | -28.86M | -31.46M | -40.17M | |||||
| Sales of Property, Plant and EquipmentPP&E (Sale) | 3.14M | 0.01M | |||||||||||||||||||||||
| Divestments | 1.72M | ||||||||||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | -0.63M | -0.61M | |||||||||||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -25.64M | -117.19M | 36.79M | -11.94M | -9.99M | -4.95M | -18.46M | -31.11M | 49.87M | 0.08M | 10.94M | 0.23M | -160.68M | -131.46M | -92.43M | -158.70M | -86.45M | -115.70M | |||||||
| Financing Activities | |||||||||||||||||||||||||
| Other financing activitiesOther financing | 5.44M | 0.44M | |||||||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | -1.71M | -0.77M | -9.53M | -64.05M | 4.26M | -28.74M | -1.52M | -119.98M | -120.94M | -22.32M | -2.58M | -97.62M | -15.46M | -8.68M | 231.73M | -5.84M | 46.55M | 203.57M | 87.78M | 66.92M | |||||
| Additional items | |||||||||||||||||||||||||
| Exchange Rate EffectFX Effect | 24.95M | -4.60M | -11.82M | 32.01M | 83.14M | -22.19M | -2.85M | -21.84M | 25.53M | -26.53M | 25.19M | 9.97M | -8.21M | 32.86M | 3.09M | -20.98M | 7.06M | -3.71M | 5.46M | 2.52M | |||||
| Change in Cash | 73.51M | -86.51M | 49.73M | -23.80M | 170.82M | -20.07M | 23.51M | -143.37M | 192.48M | -77.83M | 64.72M | -240.59M | -256.45M | -376.06M | 170.96M | -180.42M | -47.07M | 19.50M | 9.43M | -100.84M | |||||
| Beginning Cash Balance | 650.13M | 649.25M | 1,144.42M | 1,136.97M | 1,111.47M | 1,067.92M | 1,241.06M | 1,249.04M | 1,251.52M | 1,232.40M | 1,238.65M | 1,220.34M | 1,223.53M | 1,194.82M | 384.74M | 398.43M | 401.15M | 395.88M | 371.75M | 368.55M | |||||
| Free Cash FlowFCF | 65.12M | 81.15M | 41.90M | 26.26M | 75.08M | 64.66M | 30.18M | -5.36M | 33.61M | 98.66M | 71.21M | 2.38M | -241.71M | 10.86M | 121.03M | 3.27M | 13.80M | 7.20M | 34.10M | -14.41M | |||||
| Net Cash FlowNCF | 48.56M | -81.91M | 61.56M | -55.81M | 64.68M | 24.17M | 26.36M | -121.53M | -30.31M | -12.72M | 54.40M | -104.34M | -6.96M | -9.65M | 167.87M | -159.43M | -54.13M | 23.21M | 3.97M | -103.35M |