# Telesat (TSAT) — Earnings

TSAT · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/tsat/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$7.67 |
| EPS estimate | −$0.68 |
| EPS surprise | −1034.45% |
| Revenue surprise | −0.59% |
| Revenue | $56.0M |
| Revenue estimate | $56.3M |
| Reported | Aug 13, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1845840/000121390026088683/ea0301378-6k_telesat.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/49492e90-2726-07ca-c55f-da283ff97585.html) |

Telesat reported Q2 2026 results on August 13, 2026. It posted a loss of $7.67 per share, far wider than the estimated $0.68 loss, a miss of 1,034.45%. Revenue was $56.0 million, close to the $56.3 million estimate. A year earlier, in Q2 2025, Telesat earned $1.01 per share on revenue of $77.9 million, so revenue fell 28.1% year over year.

The table covers 12 quarters from Q3 2023, and revenue declined in each one after the first, from $128.9 million to $56.0 million, a drop of about 57%. Results per share swing widely. Telesat was profitable in four quarters, with a high of $1.79 in Q2 2024, and posted large losses in others, including $6.23 in Q4 2024, $6.18 in Q4 2025 and now $7.67. Annual results were losses of $4.33 per share in 2024 and $7.63 in 2025. The first half of 2026 adds up to a $9.86 loss. Telesat beat the estimate in five of the 11 quarters that had one.

Telesat reported Q3 between November 4 and November 14 in each of the last three years. That points to early or mid-November 2026 for the next report. It will show whether the quarterly revenue decline continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 13, 2026 | −$0.68 | −$7.67 | -1034.45% | $56.3M | $56.0M |
| Q1 2026 | May 5, 2026 | −$0.67 | −$2.19 | -227.86% | $62.0M | $62.6M |
| Q4 2025 | Mar 17, 2026 | −$1.90 | −$6.18 | -224.85% | $67.5M | $68.5M |
| Q3 2025 | Nov 4, 2025 | −$1.30 | −$1.71 | -31.91% | $72.0M | $72.6M |
| Q2 2025 | Aug 6, 2025 | −$1.15 | $1.01 | 187.96% | $80.3M | $77.9M |
| Q1 2025 | May 6, 2025 | −$0.99 | −$0.75 | 24.03% | $76.4M | $81.1M |
| Q4 2024 | Mar 27, 2025 | −$1.21 | −$6.23 | -416.26% | $84.6M | $88.9M |
| Q3 2024 | Nov 14, 2024 | −$0.35 | $0.91 | 360.46% | $100.4M | $102.3M |
| Q2 2024 | Aug 14, 2024 | $1.05 | $1.79 | 69.82% | $103.2M | $111.4M |
| Q1 2024 | May 10, 2024 | −$0.59 | −$0.80 | -34.27% | $107.5M | $112.3M |
| Q4 2023 | Mar 28, 2024 | −$0.53 | $0.56 | 205.72% | $125.2M | $125.2M |
| Q3 2023 | Nov 6, 2023 | $0.00 | −$0.06 | 0.00% | — | $128.9M |

## Frequently Asked Questions

### When did Telesat (TSAT) last report earnings?

Telesat last reported on Aug 13, 2026, covering fiscal Q2 2026.

### Did TSAT beat earnings estimates?

No. Telesat reported EPS of −$7.67 for Q2 2026 against a −$0.68 estimate — a 1034.45% miss.

### How much revenue did TSAT report last quarter?

Telesat reported $56.0M in revenue for Q2 2026, against a consensus estimate of $56.3M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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