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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Per Share

The following table presents reconciliations of the numerators of the basic and diluted per share computations:

		Three months ended September 30,							Nine months ended September 30,
		2025				2024			2025				2024
Net income (loss) attributable to Telesat Corporation Shares		$	(35,269	)		$	17,901		$	(29,811	)		$	38,591
Effect of diluted securities			—				1,852			—				3,789
Diluted net income (loss) attributable to Telesat Corporation Shares		$	(35,269	)		$	19,753		$	(29,811	)		$	42,380

Schedule of Reconciliations of the Denominators of the Basic and Diluted Per Share

The following table presents reconciliations of the denominators of the basic and diluted per share computations:

		Three months ended September 30,				Nine months ended September 30,
		2025		2024		2025		2024
Basic total weighted average number of Telesat Corporation Shares outstanding		14,797,243		14,046,257		14,592,627		13,888,334
Effect of diluted securities
Stock options		—		48,137		—		18,437
RSUs		—		1,173,594		—		1,194,740
DSUs		—		168,020		—		148,120
PSUs		—		623,096		—		563,924
Diluted total weighted average number of Telesat Corporation Shares outstanding		14,797,243		16,059,104		14,592,627		15,813,555

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- Definition

The entire disclosure for earnings per share.

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- Definition

The disclosure of instruments (including contingently issuable shares) that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted earnings per share because they are antidilutive for the period(s) presented.

+ References

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