TruGolf Holdings (TRUG) Gross Margin (2023 - 2026)
TruGolf Holdings (TRUG) posted Gross Margin of 59.84% for Q2 2026, up 18.70 percentage points from 41.13% a year earlier and up 6.39 percentage points from the prior quarter.
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Analysis
TruGolf Holdings (TRUG) Gross Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at TruGolf Holdings was 50.49%, down 10.87 percentage points year-over-year; for FY2025, it came in at 50.42%, down 14.80 percentage points from FY2024.
- In prior years, TruGolf Holdings' Gross Margin was 65.22% in FY2024.
- Quarterly Gross Margin has run from a low of 21.63% in Q4 2025 to a high of 69.35% in Q3 2025 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last five quarters, with an average year-over-year change of -12.19 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 53.44% (Q1 2026), 21.63% (Q4 2025) and 69.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | - |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 88.26% |
| 10 | TruGolf Holdings | 1.59 Mn | -35.52 Mn | 3.47 Mn | 59.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.84% |
| Mar 31, 2026 | 53.44% |
| Dec 31, 2025 | 21.63% |
| Sep 30, 2025 | 69.35% |
| Jun 30, 2025 | 41.13% |
| Mar 31, 2025 | 65.63% |
| Sep 30, 2024 | 69.15% |
| Jun 30, 2024 | 66.43% |
| Mar 31, 2024 | 60.91% |
| Sep 30, 2023 | 55.31% |
| Jun 30, 2023 | 64.81% |
| Mar 31, 2023 | 77.54% |
API Access
TruGolf Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TRUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();