TruGolf Holdings (TRUG) Operating Expenses (2021 - 2026)

TruGolf Holdings (TRUG) posted quarterly Operating Expenses of $4.0 million for Q1 2026, down 14.86% year-over-year from $4.7 million in Q1 2025, and up 33.39% quarter-over-quarter from $3.0 million in Q4 2025.

TruGolf Holdings (TRUG) Operating Expenses (2021 - 2026) Analysis & Trends

TruGolf Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at $4.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 14.86% year-over-year to $4.0 million; the TTM figure through Mar 2026 stood at $14.7 million (down 11.75% YoY), while the FY2025 annual figure was $15.6 million, down 2.27% from the prior year.
  • Operating Expenses for Q1 2026 stood at $4.0 million, up from $3.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $16.1 million in Q3 2023, with the low at -$176465.0 in Q1 2024.
  • The 5-year median for Operating Expenses is $3.6 million (2024), against an average of $4.3 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 4896.75% in 2023, then plunged 101.99% in 2024.
  • TruGolf Holdings' Operating Expenses stood at $415358.0 in 2022, then soared by 3770.14% to $16.1 million in 2023, then tumbled by 67.72% to $5.2 million in 2024, then tumbled by 42.53% to $3.0 million in 2025, then jumped by 33.39% to $4.0 million in 2026.
  • Business Quant data shows TRUG's Operating Expenses at $4.0 million in Q1 2026, $3.0 million in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amer Sports 18.61 Bn 17.92 Bn 1.17 Bn -856.20 Mn
2 Hasbro 13.64 Bn 12.26 Bn 867.20 Mn 887.10 Mn
3 Life Time Group Holdings 9.88 Bn 9.65 Bn 412.26 Mn 716.29 Mn
4 Acushnet Holdings 5.40 Bn 5.33 Bn 445.83 Mn 267.00 Mn
5 Mattel 4.25 Bn 3.73 Bn 542.12 Mn -
6 Planet Fitness 3.74 Bn 3.34 Bn 300.73 Mn 241.41 Mn
7 YETI Holdings 3.58 Bn 3.52 Bn 322.52 Mn 229.01 Mn
8 Callaway Golf 3.01 Bn 2.73 Bn 306.70 Mn 191.90 Mn
9 Onespaworld Holdings 2.75 Bn 2.70 Bn 84.35 Mn 236.74 Mn
10 TruGolf Holdings 467,449.01 -10.47 Mn 2.68 Mn 3.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.98 Mn
Dec 31, 2025 2.98 Mn
Sep 30, 2025 3.96 Mn
Jun 30, 2025 3.78 Mn
Mar 31, 2025 4.67 Mn
Dec 31, 2024 5.19 Mn
Sep 30, 2024 3.44 Mn
Jun 30, 2024 3.36 Mn
Mar 31, 2024 -176,465.00
Sep 30, 2023 16.07 Mn
Jun 30, 2023 11.85 Mn
Mar 31, 2023 8.85 Mn
Dec 31, 2022 415,358.00
Sep 30, 2022 717,723.00
Jun 30, 2022 269,833.00
Mar 31, 2022 177,034.00
Dec 31, 2021 137,605.00
Sep 30, 2021 78,774.00
Jun 30, 2021 16,499.00