← Back to All US Stocks

TruGolf Holdings, Inc. (TRUG) Stock Fundamental Analysis & AI Rating 2026

TRUG Nasdaq Sporting & Athletic Goods, NEC DE CIK: 0001857086
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
SELL
72% Conf
Pending
Analysis scheduled

📊 TRUG Key Takeaways

Revenue: $18.9M
Net Margin: -80.7%
Free Cash Flow: $-1.9M
Current Ratio: 1.07x
Debt/Equity: 0.66x
EPS: $-51.39
AI Rating: SELL with 72% confidence
TruGolf Holdings, Inc. (TRUG) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $18.9M, net profit margin of -80.7%, and return on equity (ROE) of -354.1%, TruGolf Holdings, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete TRUG stock analysis for 2026.

Is TruGolf Holdings, Inc. (TRUG) a Good Investment?

Claude

TruGolf demonstrates exceptional 7005% YoY revenue growth with a healthy 50.4% gross margin, indicating strong product-market fit and pricing power. However, the company is operationally unprofitable (-$6.1M operating income, -32.3% margin) and burning cash from operations at -$1.7M quarterly, with only approximately 18 months of cash runway at current burn rates. The lack of a demonstrated path to profitability combined with tight liquidity ratios (1.07x current ratio) presents substantial execution risk despite impressive top-line growth.

Why Buy TruGolf Holdings, Inc. Stock? TRUG Key Strengths

Claude
  • + Exceptional 7005% YoY revenue growth indicating strong market traction and product-market fit
  • + Healthy 50.4% gross margin demonstrates solid unit economics and pricing power in sporting goods market
  • + Adequate cash position of $10.5M provides operational runway for growth initiatives

TRUG Stock Risks: TruGolf Holdings, Inc. Investment Risks

Claude
  • ! Deep operating losses of -$6.1M with -32.3% operating margin despite high revenue generation
  • ! Negative operating cash flow of -$1.7M indicating unsustainable operational cash burn
  • ! Very tight current ratio of 1.07x and quick ratio of 1.01x create liquidity vulnerability despite apparent cash position
  • ! No clear path to profitability demonstrated; operating expenses far exceed gross profit dollars
  • ! Approximately 18-month cash runway at current burn rate without achieving profitability
  • ! Zero insider Form 4 filings in past 90 days suggests lack of insider confidence

Key Metrics to Watch

Claude
  • * Operating margin trajectory and path to break-even at operating level
  • * Operating cash flow trend and monthly cash burn rate
  • * Gross margin sustainability and SG&A expense control as revenue scales

TruGolf Holdings, Inc. (TRUG) Financial Metrics & Key Ratios

Revenue
$18.9M
Net Income
$-15.2M
EPS (Diluted)
$-51.39
Free Cash Flow
$-1.9M
Total Assets
$20.2M
Cash Position
$10.5M

💡 AI Analyst Insight

TruGolf Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

TRUG Profit Margin, ROE & Profitability Analysis

Gross Margin 50.4%
Operating Margin -32.3%
Net Margin -80.7%
ROE -354.1%
ROA -75.5%
FCF Margin -10.1%

TRUG vs Market Sector: How TruGolf Holdings, Inc. Compares

How TruGolf Holdings, Inc. compares to Market sector averages

Net Margin
TRUG -80.7%
vs
Sector Avg 12.0%
TRUG Sector
ROE
TRUG -354.1%
vs
Sector Avg 15.0%
TRUG Sector
Current Ratio
TRUG 1.1x
vs
Sector Avg 1.8x
TRUG Sector
Debt/Equity
TRUG 0.7x
vs
Sector Avg 0.7x
TRUG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is TruGolf Holdings, Inc. Stock Overvalued? TRUG Valuation Analysis 2026

Based on fundamental analysis, TruGolf Holdings, Inc. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
-354.1%
Sector avg: 15%
Net Profit Margin
-80.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.66x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

TruGolf Holdings, Inc. Balance Sheet: TRUG Debt, Cash & Liquidity

Current Ratio
1.07x
Quick Ratio
1.01x
Debt/Equity
0.66x
Debt/Assets
78.7%
Interest Coverage
-9.20x
Long-term Debt
$2.8M

TRUG Revenue & Earnings Growth: 5-Year Financial Trend

TRUG 5-year financial data: Year 2024: Revenue $21.9M, Net Income -$10.3M, EPS $-857.35. Year 2025: Revenue $21.3M, Net Income -$8.8M, EPS $-377.98.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: TruGolf Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $-377.98 indicates the company is currently unprofitable.

TRUG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-10.1%
Free cash flow / Revenue

TRUG Quarterly Earnings & Performance

Quarterly financial performance data for TruGolf Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $4.1M -$60.2K $0.00
Q2 2025 $3.9M -$1.3M N/A
Q1 2025 $5.0M -$1.3M N/A
Q3 2024 $3.4M $157 $0.00
Q2 2024 $3.9M $157 $0.01
Q1 2024 $5.0M -$1.3M $-0.22

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

TruGolf Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.7M
Cash generated from operations
Stock Buybacks
$2.9M
Shares repurchased (TTM)
Capital Expenditures
$205.4K
Investment in assets
Dividends
None
No dividend program

TRUG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for TruGolf Holdings, Inc. (CIK: 0001857086)

📋 Recent SEC Filings

Date Form Document Action
Apr 17, 2026 10-K/A form10ka.htm View →
Apr 15, 2026 10-K form10-k.htm View →
Mar 20, 2026 8-K form8-k.htm View →
Mar 13, 2026 8-K form8-k.htm View →
Feb 18, 2026 8-K form8-k.htm View →

Frequently Asked Questions about TRUG

What is the AI rating for TRUG?

TruGolf Holdings, Inc. (TRUG) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TRUG's key strengths?

Claude: Exceptional 7005% YoY revenue growth indicating strong market traction and product-market fit. Healthy 50.4% gross margin demonstrates solid unit economics and pricing power in sporting goods market.

What are the risks of investing in TRUG?

Claude: Deep operating losses of -$6.1M with -32.3% operating margin despite high revenue generation. Negative operating cash flow of -$1.7M indicating unsustainable operational cash burn.

What is TRUG's revenue and growth?

TruGolf Holdings, Inc. reported revenue of $18.9M.

Does TRUG pay dividends?

TruGolf Holdings, Inc. does not currently pay dividends.

Where can I find TRUG SEC filings?

Official SEC filings for TruGolf Holdings, Inc. (CIK: 0001857086) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TRUG's EPS?

TruGolf Holdings, Inc. has a diluted EPS of $-51.39.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TRUG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, TruGolf Holdings, Inc. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TRUG stock overvalued or undervalued?

Valuation metrics for TRUG: ROE of -354.1% (sector avg: 15%), net margin of -80.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TRUG stock in 2026?

Our dual AI analysis gives TruGolf Holdings, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TRUG's free cash flow?

TruGolf Holdings, Inc.'s operating cash flow is $-1.7M, with capital expenditures of $205.4K. FCF margin is -10.1%.

How does TRUG compare to other Market stocks?

Vs Default sector averages: Net margin -80.7% (avg: 12%), ROE -354.1% (avg: 15%), current ratio 1.07 (avg: 1.8).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI