TruGolf Holdings, Inc.TRUGEarnings & Financial Report
TruGolf Holdings, Inc. is a leading provider of premium golf simulation systems and immersive golf entertainment solutions. Its offerings include indoor golf simulators with precision motion tracking, extensive virtual course libraries, and interactive training tools, serving residential consumers, commercial golf facilities, and entertainment venues across North America, Europe and Asia-Pacific.
TRUG Q4 FY2025 Key Financial Metrics
Revenue
$5.1M
Gross Profit
$1.1M
Operating Profit
$-1.9M
Net Profit
$-2.0M
Gross Margin
21.6%
Operating Margin
-37.2%
Net Margin
-38.6%
YoY Growth
-17.7%
TruGolf Holdings, Inc. Q4 FY2025 Financial Summary
TruGolf Holdings, Inc. reported revenue of $5.1M (down 17.7% YoY) for Q4 FY2025, with a net profit of $-2.0M (up 66.6% YoY) (-38.6% margin). Cost of goods sold was $4.0M, operating expenses totaled $3.0M.
Key Financial Metrics
| Total Revenue | $5.1M |
|---|---|
| Net Profit | $-2.0M |
| Gross Margin | 21.6% |
| Operating Margin | -37.2% |
| Report Period | Q4 FY2025 |
TruGolf Holdings, Inc. Annual Revenue by Year
TruGolf Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $18.9M).
TruGolf Holdings, Inc. Quarterly Revenue & Net Profit History
TruGolf Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.1M | -17.7% | $-2.0M | -38.6% |
| Q3 FY2025 | $4.1M | -34.2% | $-7.3M | -177.3% |
| Q2 FY2025 | $4.3M | +11.3% | $-3.3M | -77.0% |
| Q1 FY2025 | $5.4M | +7.5% | $-2.7M | -49.5% |
| Q4 FY2024 | $6.2M | — | $-5.9M | -95.2% |
| Q3 FY2024 | $6.2M | +81.7% | $-60.2K | -1.0% |
| Q2 FY2024 | $3.9M | -26.6% | $-1.6M | -40.5% |
| Q1 FY2024 | $5.0M | — | $-1.3M | -26.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M | $3.9M | $6.2M | $6.2M | $5.4M | $4.3M | $4.1M | $5.1M |
| YoY Growth | N/A | -26.6% | 81.7% | N/A | 7.5% | 11.3% | -34.2% | -17.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.5M | $14.1M | $17.0M | $17.1M | $20.7M | $24.4M | $23.0M | $20.2M |
| Liabilities | $24.6M | $24.6M | $27.3M | $21.8M | $25.3M | $20.0M | $16.7M | $15.9M |
| Equity | $-9.1M | $-10.5M | $-10.9M | $-4.6M | $-4.6M | $4.3M | $6.3M | $4.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.7M | $-52642 | $455806 | $-7.1M | $-449119 | $-905427 | $-623865 | $280030 |