TruGolf Holdings (TRUG) Operating Margin (2023 - 2026)

TruGolf Holdings (TRUG) posted quarterly Operating Margin of 28.83% for Q1 2026, up 2215.0% year-over-year from 1.25% in Q1 2025, and up 23.12% quarter-over-quarter from 37.5% in Q4 2025.

TruGolf Holdings (TRUG) Operating Margin (2023 - 2026) Analysis & Trends

TruGolf Holdings' Operating Margin history runs 4 years deep, the most recent figure standing at 28.83% for Q1 2026.

  • In Q1 2026, Operating Margin rose 2215.0% year-over-year to 28.83%; the TTM figure through Mar 2026 stood at 42.06% (up 1485.0% YoY), while the FY2025 annual figure was 32.32%, up 900.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 28.83%, up from 37.5% in the prior quarter.
  • The five-year high for Operating Margin was 0.96% in Q3 2024, with the low at 128.87% in Q4 2024.
  • The 4-year median for Operating Margin is 43.39% (2023), against an average of 53.63%.
  • Peak annual rise in Operating Margin reached 9137 bps in 2025, while the deepest fall reached 3653 bps in 2025.
  • TruGolf Holdings' Operating Margin stood at 49.44% in 2023, then sank by 161 bps to 128.87% in 2024, then soared by 71 bps to 37.5% in 2025, then increased by 23 bps to 28.83% in 2026.
  • Business Quant data shows TRUG's Operating Margin at 28.83% in Q1 2026, 37.5% in Q4 2025, and 27.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Amer Sports 18.61 Bn 17.92 Bn 1.17 Bn 16.50%
2 Hasbro 13.75 Bn 12.37 Bn 867.20 Mn 22.16%
3 Life Time Group Holdings 9.90 Bn 9.67 Bn 412.26 Mn 17.29%
4 Acushnet Holdings 5.34 Bn 5.27 Bn 445.83 Mn 21.54%
5 Mattel 4.35 Bn 3.83 Bn 542.12 Mn 0.97%
6 Planet Fitness 3.88 Bn 3.48 Bn 300.73 Mn 33.90%
7 YETI Holdings 3.56 Bn 3.50 Bn 322.52 Mn 19.33%
8 Callaway Golf 2.97 Bn 2.69 Bn 306.70 Mn 18.75%
9 Onespaworld Holdings 2.74 Bn 2.70 Bn 84.35 Mn 9.38%
10 TruGolf Holdings 479,570.01 -10.46 Mn 2.68 Mn -28.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 -28.83%
Dec 31, 2025 -37.50%
Sep 30, 2025 -27.12%
Jun 30, 2025 -77.05%
Mar 31, 2025 -50.98%
Dec 31, 2024 -128.87%
Sep 30, 2024 -0.96%
Jun 30, 2024 -40.52%
Sep 30, 2023 -49.44%
Jun 30, 2023 -43.39%
Mar 31, 2023 -105.27%