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TruGolf Holdings, Inc.(TRUG)Earnings, Financials & Key Ratios
TRUG•NASDAQ
$1.51
Price updated Jul 6, 2026
AboutTruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.Show more
- Revenue$19M-13.6%
- EBITDA-$5M-214.2%
- Net Income-$15M-73.1%
- EPS (Diluted)-51.39-100.7%
- Gross Margin25.97%-61.1%
- EBITDA Margin-24.35%-263.8%
- Operating Margin-32.32%-236.0%
- Net Margin-80.66%-100.5%
- ROE-354.11%
TRUG Price & Volume
TruGolf Holdings, Inc. (TRUG) stock price & volume — 10-year historical chart
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Persistent Operational Losses Threaten Long-term Solvency
Investment Thesis • Updated 2026Q1
VerdictNegative: The company's inability to generate positive free cash flow
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Persistent negative operating margins
Key Thesis Takeaways
- TruGolf faces significant structural headwinds as it struggles to maintain consistent revenue growth, evidenced by a 24.7% year-over-year decline in 2025Q4.
- The company's inability to achieve positive operating leverage, coupled with a precarious debt-to-equity ratio of 2.18 as of 2026Q1, suggests that the current business model is fundamentally unsustainable.
- Investors should monitor the company's ability to manage its $5.5M debt load and $4.2M in goodwill, as continued cash burn and negative net margins of -38.6% threaten long-term enterprise viability.
Verdict Logic
combined with a net margin of -38.6% in 2025Q4, indicates a high risk of further equity erosion and liquidity constraints.
TRUG Growth Metrics
TruGolf Holdings, Inc. (TRUG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-2.27%
TTM-16.76%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-37.79%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-964.16%
Return on Capital
10 Years-42.22%
5 Years-48.28%
3 Years-125.62%
Last Year-170.78%
TRUG Recent Earnings
TruGolf Holdings, Inc. (TRUG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 5/12 qtrs (83%)
Q2 2026Latest
May 20, 2026Metric
Actual
Est
EPS
$2.75-84.6%
$1.49
Rev
$5M+11.6%
$5M
Q2 2026
Apr 16, 2026Metric
Actual
Est
EPS
$6.61-29.6%
$5.10
Rev
$5M+13.3%
$5M
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.77-71.1%
$0.45
Rev
$4M-30.9%
$6M
Q3 2025
Aug 19, 2025Metric
Actual
Est
EPS
$19.69-536.2%
$3.10
Rev
$4M+0.8%
$4M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 20, 2026 | $2.75vs $1.49-84.6% | $5Mvs $5M+11.6% |
| Q2 2026 | Apr 16, 2026 | $6.61vs $5.10-29.6% | $5Mvs $5M+13.3% |
| Q4 2025 | Nov 14, 2025 | $0.77vs $0.45-71.1% | $4Mvs $6M-30.9% |
| Q3 2025 | Aug 19, 2025 | $19.69vs $3.10-536.2% | $4Mvs $4M+0.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for TruGolf Holdings, Inc. (TRUG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.51 | $808.7K | -0.03 | -13.63% | -80.66% | -354.11% | — | |
| $5.37 | $4.08B | -5.42 | — | -39078.95% | -38.99% | — | |
| $12.59 | $2.32B | -1.60 | -1.06% | -37.06% | -60.79% | — | |
| $117.22 | $6.86B | 37.81 | 4.14% | 6.54% | 20.79% | — | |
| $8.05 | $956.56M | -7.06 | 0.39% | 2.49% | 4.04% | — | |
| $1.21 | $112.97M | -9.31 | 4.13% | -6.21% | -79.7% | — |
Compare TRUG vs Peers
TruGolf Holdings, Inc. (TRUG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TRUG SEC Filings & Documents
TruGolf Holdings, Inc. (TRUG) SEC filings — annual & quarterly reports (10-K, 10-Q)
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TRUG Frequently Asked Questions
TruGolf Holdings, Inc. (TRUG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is TruGolf Holdings, Inc.'s revenue?
TruGolf Holdings, Inc. (TRUG) reported $18.5M in revenue for fiscal year 2025.
How fast is TruGolf Holdings, Inc. growing?
TruGolf Holdings, Inc. (TRUG) saw revenue decline by 13.6% over the past year.
Is TRUG profitable?
TruGolf Holdings, Inc. (TRUG) reported a net loss of $14.0M for fiscal year 2025.
Dividend & Returns
What is TRUG's return on equity?
TruGolf Holdings, Inc. (TRUG) has a return on equity (ROE) of -354.1%. Negative ROE indicates the company is unprofitable.
What is TruGolf Holdings, Inc.'s free cash flow?
TruGolf Holdings, Inc. (TRUG) had negative free cash flow of $4.6M in fiscal year 2025, likely due to heavy capital investments.