profit from every $100 of sales.
$0$100
Telesat
$45.39-6.22% today
+77.7% in 1 year
1-year low $23.581-year high $61.40
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Telesat sold, what it kept, and what it did with the cash.
Sales went from CA$759 million in 2022 to CA$418 million in 2025, with -CA$155 million of profit last year.
SalesProfit
Telesat vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Telesat | No profit yet | ||
 Cisco | 30.3× · Expensive | ||
 Foxconn Industrial Internet | 24.4× · Fair price | ||
 Zhongji Innolight | 55.5× · Expensive | ||
 Motorola Solutions | 40.7× · Expensive |
AI analysis
An AI analyst reads Telesat's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 759 | 704 | 571 | 418 | |
| 705 | 666 | 533 | 395 | |
| 296 | 649 | 225 | 57 | |
| 395 | 1,140 | 67 | -230 | |
| -24 | 157 | -88 | -155 | |
| -1.90 | 11.29 | -6.29 | -10.61 | |
| 92.9% | 94.5% | 93.4% | 94.6% | |
| 39.0% | 92.1% | 39.3% | 13.7% | |
| -3.1% | 22.3% | -15.4% | -37.2% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,480 | 6,313 | 6,945 | 6,604 |
| Cash | 1,678 | 1,669 | 552 | 510 |
| Total debt | 3,884 | 3,230 | 3,130 | 3,534 |
| Total liabilities | 4,639 | 3,914 | 4,448 | 4,834 |
| 481 | 662 | 710 | 531 | |
| 12 | 15 | 14 | 15 | |
| 3.5% | 19.2% | -1.5% | -7.4% | |
| -4.9% | 23.7% | -12.4% | -29.3% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 240 | 170 | 62 | 67 | |
| 33 | 56 | 65 | 141 | |
| 207 | 114 | -2 | -74 | |
| Dividends paid | 0 | 0 | – | – |
| – | – | – | – | |
| 67 | 33 | 18 | 4 |
Valuation
- –
- –
- –
- 2.8×
- 8.0×
- –
- –
- -2.2%
- -4.7%
- 0.0%
Profitability
- 94.6%
- 13.7%
- -37.2%
- 52.0%
- 0.7%
- -0.1%
- -33.0%
- -3.9%
- 1.4%
- –
Growth
- −18.0%
- –
- −29,074.3%
- –
- +5.1%
Financial health
- –
- 7.02
- 54.5%
- 0.2×
- 0.25
- 0.25
- 0.08
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 22%of 969
Top 36%of 976
Bottom 2%of 978
Bottom 14%of 983
What analysts expect
- Average price target
- $20.00
- Range
- $20.00 – $20.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | -2.21 | -0.67 | −231.5% |
| Mar 17, 2026 | -0.97 | -0.85 | −14.1% |
| Nov 4, 2025 | -1.73 | -0.78 | −121.8% |
| Aug 6, 2025 | 1.00 | -0.69 | +244.9% |
| May 6, 2025 | 0.53 | -0.56 | +194.6% |
| Mar 27, 2025 | -5.90 | -3.76 | −56.9% |
| Nov 14, 2024 | -0.08 | -0.36 | +77.8% |
| Aug 14, 2024 | -2.87 | 2.47 | −216.2% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
13No pass
Benjamin Graham
4No pass
Philip Fisher
36No pass
Peter Lynch
2No pass
Joel Greenblatt
2No pass
Charlie Munger
19No pass
Terry Smith
25No pass
Questions about Telesat
Is Telesat a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Telesat AI analysis
What does Telesat do?
Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. It is in Communication Equipment, based in Ottawa, ON, Canada, with 711 employees.
Does Telesat pay a dividend?
No. Telesat does not pay a dividend at the moment.
Is Telesat stock halal?
No. Telesat does not pass our halal screen: its debt is 106% of its market value, at or above the 33% limit. How we check
How has Telesat stock done over the past year?
Up 77.7% over the past twelve months, to $45.39. It traded between $23.58 and $61.40 and is 26.1% below its high.
Who are Telesat's competitors?
The largest listed companies in the same industry are Cisco, Foxconn Industrial Internet, Zhongji Innolight and Motorola Solutions. The peers table on this page compares their profit, growth and price with Telesat's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.