TruGolf Holdings, Inc. (TRUG) Financial Statements
Industry: Sporting & Athletic Goods (Other)
In fiscal 2025, TruGolf reported revenue of $18.9M, down 13.6% from $21.9M the year before. Net income was -$15.2M (a -80.7% net margin), or -$513.90 per diluted share. Gross margin was 50.4% and operating margin was -32.3%. Operating activities generated -$1.7M of cash, leaving -$1.9M of free cash flow. At fiscal year end, TruGolf held $20.2M in total assets against $15.9M in total liabilities, including $10.5M of cash and equivalents.
Open the full interactive TruGolf financials → Quarterly statements, key ratios, valuation history and price charts.
TruGolf Key Stats
| Share Price | $1.74 |
|---|---|
| Market Cap | $209,844 |
| Revenue YoY Growth | -13.6% |
| 52-Week Range | $1.74 – $248.00 |
| Shares Outstanding | 120,600 (basic, 2026 Q2) |
TruGolf Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $21.9M | $18.9M |
| Gross Profit | — | — | $14.6M | $9.5M |
| Operating Income | — | — | -$2.1M | -$6.1M |
| Pre-Tax Income | -$414,045 | $274,139 | -$8.8M | -$15.2M |
| Income Tax | — | $57,569 | — | — |
| Net Income | -$414,045 | -$400,232 | -$8.8M | -$15.2M |
| Diluted EPS | — | — | -$3800.00 | -$513.90 |
TruGolf Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.1M | $5.1M | $5.0M | $5.8M |
| Net Income | -$7.3M | -$2.0M | -$1.4M | -$447,808 |
| Diluted EPS | -$487.00 | -$6.61 | -$27.50 | -$3.70 |
TruGolf Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $877,099 | — | $10.9M | $10.5M |
| Current Assets | $129.0M | $9.8M | $14.8M | $15.5M |
| Total Assets | $129.0M | $9.8M | $17.1M | $20.2M |
| Current Liabilities | $536,712 | $2.8M | $15.8M | $14.4M |
| Total Long-Term Debt | $500,000 | — | $3.6M | $2.8M |
| Total Liabilities | $5.0M | $7.2M | $21.8M | $15.9M |
| Shareholders' Equity | -$3.8M | -$6.4M | -$4.6M | $4.3M |
TruGolf Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$697,868 | -$1.0M | -$4.0M | -$1.7M |
| Cash From Investing | -$127.8M | $120.4M | $741,143 | -$3.4M |
| Cash From Financing | — | -$119.7M | $8.7M | $6.8M |
| Free Cash Flow | — | — | -$4.0M | -$1.9M |
Figures from TruGolf's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full TruGolf financials page for every line item.
TruGolf Company Profile
| Ticker | TRUG |
|---|---|
| Exchange | Nasdaq |
| Industry | Sporting & Athletic Goods (Other) |
| Headquarters | Plantation, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001857086 |
Frequently Asked Questions
What was TruGolf's revenue in fiscal 2025?
TruGolf (TRUG) reported revenue of $18.9M for fiscal 2025.
What is TruGolf's annual revenue history?
TruGolf's annual revenue by fiscal year: 2022: $0; 2023: $0; 2024: $21.9M; 2025: $18.9M.
What was TruGolf's net income in fiscal 2025?
TruGolf reported net income of -$15.2M for fiscal 2025.
What was TruGolf's earnings per share (EPS) in fiscal 2025?
TruGolf's diluted EPS was -$513.90 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did TruGolf generate in fiscal 2025?
TruGolf generated -$1.9M of free cash flow in fiscal 2025.
What was TruGolf's revenue last quarter?
In its most recent reported quarter (2026 Q2), TruGolf reported revenue of $5.8M.
How much debt does TruGolf have?
TruGolf reported $2.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of TruGolf are outstanding?
TruGolf reported a weighted average of 120,600 basic shares outstanding in 2026 Q2.
What is TruGolf's market cap?
Based on its latest closing price, TruGolf (TRUG) has a market capitalization of about $209,844.
When does TruGolf's fiscal year end?
TruGolf's fiscal year end, as registered with the SEC, is December 31.
Where is TruGolf headquartered?
TruGolf lists its business address in Plantation, Florida in its SEC filings.