TruGolf Holdings (TRUG) Gross Margin (2023 - 2026)
TruGolf Holdings' quarterly Gross Margin came in at 53.44% in Q1 2026, down 1219.0% year-on-year from 4.78% in Q1 2025, and up 147.06% quarter-over-quarter from 21.63% in Q4 2025.
TruGolf Holdings has reported Gross Margin for 4 years, with the latest figure at 53.44% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1219.0% year-over-year to 53.44%; the trailing twelve-month figure through Mar 2026 stood at 46.13% (down 2019.0% YoY), and the FY2025 full-year result was 50.42%, down 1480.0% from the prior year.
- Gross Margin for Q1 2026 stood at 53.44%, up from 21.63% in the prior quarter.
- The five-year high for Gross Margin was 77.54% in Q1 2023, with the low at 21.63% in Q4 2025.
- Average Gross Margin over 4 years is 59.24%, with a median of 64.81% recorded in 2023.
- Year-over-year, Gross Margin soared 1384 bps in 2024 and slumped 4236 bps in 2025.
- Tracing TRUG's Gross Margin over 4 years: stood at 55.31% in 2023, then grew by 16 bps to 63.99% in 2024, then slumped by 66 bps to 21.63% in 2025, then soared by 147 bps to 53.44% in 2026.
- The last three Gross Margin figures came in at 53.44% (Q1 2026), 21.63% (Q4 2025), and 69.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - | - |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn | 82.83% |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn | 55.65% |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn | 79.61% |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn | 51.58% |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 78.90% |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - | - |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn | 74.06% |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn | 87.64% |
| 10 | TruGolf Holdings | 811,579.98 | -10.13 Mn | 2.68 Mn | 53.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.44% |
| Dec 31, 2025 | 21.63% |
| Sep 30, 2025 | 69.35% |
| Jun 30, 2025 | 44.35% |
| Mar 31, 2025 | 67.97% |
| Dec 31, 2024 | 63.99% |
| Sep 30, 2024 | 69.15% |
| Jun 30, 2024 | 66.43% |
| Sep 30, 2023 | 55.31% |
| Jun 30, 2023 | 64.81% |
| Mar 31, 2023 | 77.54% |