TruGolf Holdings (TRUG) Operating Margin (2023 - 2026)
TruGolf Holdings (TRUG) recorded Operating Margin of -3.83% in Q2 2026, up 39.55 percentage points from -43.38% a year earlier and up 21.95 percentage points from the prior quarter.
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Analysis
TruGolf Holdings (TRUG) Operating Margin (2023 - 2026) Analysis & Trends
On a TTM basis, TruGolf Holdings' Operating Margin came in at -22.58% as of Jun 30, 2026, down 6.73 percentage points year-over-year; for FY2025, it came in at -32.32%, down 22.44 percentage points from FY2024.
- Across earlier years, Operating Margin came in at -9.88% in FY2024.
- The Q2 2026 figure is the highest quarterly Operating Margin since Q3 2024.
- On a year-over-year basis, Operating Margin rose in 1 of the last five quarters, with an average year-over-year change of -8.76 percentage points.
- Per Business Quant, the preceding three quarters came in at -25.79% (Q1 2026), -37.15% (Q4 2025) and -27.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 34.00% |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 24.71% |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 77.68% |
| 10 | TruGolf Holdings | 1.59 Mn | -35.52 Mn | 3.47 Mn | -3.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.83% |
| Mar 31, 2026 | -25.79% |
| Dec 31, 2025 | -37.15% |
| Sep 30, 2025 | -27.12% |
| Jun 30, 2025 | -43.38% |
| Mar 31, 2025 | -23.56% |
| Sep 30, 2024 | 13.99% |
| Jun 30, 2024 | -20.27% |
| Mar 31, 2024 | -18.83% |
| Sep 30, 2023 | -67.71% |
| Jun 30, 2023 | 7.79% |
| Mar 31, 2023 | -96.48% |
API Access
TruGolf Holdings Operating 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=operating-margin&ticker=TRUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TRUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();