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Financials · TRUG

TruGolf Holdings Inc. (TRUG) financials

For the twelve months ended Jun 30, 2026, TruGolf Holdings Inc. reported $19.99M of revenue and -$11.13M of net income.

Revenue, TTM
$19.99M
Revenue growth, YoY
-8.9%
Net income, TTM
-$11.13M
Net margin
-55.7%
Free cash flow, TTM
-$2.08M
Cash
$6.37M
Total debt
$2.10M
P/S
0.06
Market cap
$1.1M
Annual revenue$18.88M
FY2023FY2025
Annual net income-$15.23M
FY2022FY2025
Annual free cash flow-$1.90M
FY2023FY2025

TRUG revenue and earnings growth

TRUG revenueQ2 2026$5.79M

Quarter YoY
+34.4%
QoQ
+15.4%
FY YoY
-11.3%

TRUG revenue was $5.79M in fiscal Q2 2026 (ended Jun 30, 2026), up 34.4% from a year earlier and up 15.4% from the prior quarter. For the full fiscal 2025 it was $18.88M, down 11.3% from fiscal 2024.

TRUG net incomeQ2 2026-$447.8K

TRUG net income was -$447.8K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$3.32M a year earlier. For the full fiscal 2025 it was -$15.23M, compared with -$8.80M in fiscal 2024.

TRUG EPSQ2 2026-$0.37

TRUG diluted EPS was -$0.37 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$51.39.

TRUG free cash flowQ2 2026-$1.38M

TRUG free cash flow was -$1.38M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$923.6K a year earlier. For the full fiscal 2025 it was -$1.90M, compared with -$4.03M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Mar 31, 2022
Revenue$18.88M$21.28M$20.58M-
Cost of revenue$9.36M$7.40M$7.83M-
Gross profit$9.52M$13.88M$12.76M-
Selling, general and admin$11.01M$6.67M$11.03M$348.7K
Operating income-$6.10M-$2.10M-$8.66M-
Interest expense$663.0K$545.3K$601.1K-
Net income-$15.23M-$8.80M-$10.28M-$414.0K
EPS, basic-$51.39-$377.98-$428675.00-
EPS, diluted-$51.39-$377.98-$428675.00-
Diluted shares296,31323,27023.988-

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Mar 31, 2022
Cash and equivalents$10.47M$8.78M$3.30M$877.1K
Short-term investments--$2.48M-
Receivables$1.06M$1.40M$2.40M-
Inventory$863.3K$2.35M$2.12M-
Current assets$15.48M$14.79M$12.66M$128.95M
Total assets$20.18M$17.14M$15.77M$128.95M
Current liabilities$14.40M$15.78M$10.67M$536.7K
Total debt$2.25M$3.56M$2.10M-
Total liabilities$15.88M$21.78M$19.69M$4.96M
Shareholders' equity$4.30M-$4.64M-$3.92M-$3.78M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Mar 31, 2022
Operating cash flow-$1.70M-$4.00M-$6.13M-$697.9K
Capital expenditures$205.4K$36.3K$127.4K-
Free cash flow-$1.90M-$4.03M-$6.26M-
Investing cash flow-$3.44M$741.1K-$2.62M-$127.77M
Financing cash flow$6.82M$8.74M$4.50M$128.84M
Depreciation and amortization$1.13M$301.4K$58.6K-

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Mar 31, 2022
Revenue growth, YoY-11.3%3.4%--
Gross margin50.4%65.2%62.0%-
Operating margin-32.3%-9.9%-42.1%-
Net margin-80.7%-41.3%-50.0%-
Free cash flow margin-10.1%-18.9%-30.4%-
Return on equity-354.1%---
Return on assets-75.5%-51.3%-65.2%-0.3%
Current ratio1.070.941.19240.27
Debt to equity0.52---

Source: XBRL data TruGolf Holdings Inc. files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-500, first reported Apr 15, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TRUG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TRUG$19.99M-8.9%-$11.13M-55.7%$1.1M
HAS$6.11B+27.6%$956.90M15.7%$16.91B
GOLF$2.70B+6.8%$220.53M8.2%$4.84B
MAT$5.56B+6.4%$502.61M9.0%$4.45B
YETI$1.94B+6.2%$178.79M9.2%$3.35B
CALY$2.10B+1.9%-$203.00M-9.6%$3.05B
PTON$2.45B-0.1%$145.40M5.9%$2.65B
GMEX$5.61M+7.9%-$17.28M-308.0%$636.5M
JOUT$660.91M+17.5%-$7.99M-1.2%$502.1M

TRUG FAQ

8 questions
  • What is TRUG revenue?
    TruGolf Holdings Inc. (TRUG) reported $19.99M of revenue for the twelve months ended Jun 30, 2026. That is down 8.9% from the year before. Revenue for fiscal 2025 was $18.88M.
  • Is TRUG profitable?
    No. TruGolf Holdings Inc. reported a net loss of $11.13M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does TRUG have?
    TruGolf Holdings Inc. reported $6.37M in cash and cash equivalents and $2.10M of debt on its most recent balance sheet in SEC filings.
  • How fast is TRUG revenue growing?
    TruGolf Holdings Inc.'s revenue changed -11.3% in fiscal 2025, to $18.88M.
  • What is TRUG gross margin?
    TruGolf Holdings Inc.'s gross profit was $10.09M on $19.99M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 50.5%.
  • What is TRUG free cash flow?
    TruGolf Holdings Inc. generated -$2.08M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$1.74M less capital expenditures.
  • When did TRUG last report financial results?
    The latest statements here come from TruGolf Holdings Inc.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this TRUG financial data come from?
    Quantisnow builds these statements from the structured XBRL data TruGolf Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.