TruGolf (TRUG) Revenue & Revenue Breakdown


OverviewFinancialsChart

TruGolf Revenue Highlights


Latest Revenue (Y)

$18.88M

Latest Revenue (Q)

$4.11M

Main Segment (Y)

Franchise Revenue

TruGolf Revenue by Period


TruGolf Revenue by Year

DateRevenueChange
2025-12-31$18.88M-13.63%
2024-12-31$21.86M6.19%
2023-12-31$20.58M1.76%
2022-12-31$20.23M-4.79%
2021-12-31$21.25M100.00%
2021-03-31--

TruGolf generated $18.88M in revenue during NA 2025, up -13.63% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

TruGolf Revenue by Quarter

DateRevenueChange
2025-09-30$4.11M-4.75%
2025-06-30$4.31M-20.01%
2025-03-31$5.39M-20.00%
2024-12-31$6.74M8.02%
2024-09-30$6.24M61.03%
2024-06-30$3.87M-22.72%
2024-03-31$5.01M-26.24%
2023-12-31$6.80M98.01%
2023-09-30$3.43M-34.93%
2023-06-30$5.27M3.75%
2023-03-31$5.08M-22.58%
2022-12-31$6.57M110.89%
2022-09-30$3.11M-25.08%
2022-06-30$4.16M-35.00%
2022-03-31$6.39M100.00%
2021-12-31-100.00%
2021-09-30-100.00%
2021-06-30--

TruGolf generated $4.11M in revenue during Q3 2025, up -4.75% compared to the previous quarter, and up 106.01% compared to the same period a year ago.

TruGolf Revenue Breakdown


TruGolf Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24
Other$473.63K$297.40K
Franchise Revenue$1.10M-

TruGolf's latest annual revenue breakdown by segment (product or service), as of Dec 25: Franchise Revenue (69.90%), and Other (30.10%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25
Franchise Revenue$875.00K$150.00K$75.00K-
Other-$639.22K$758.86K$566.61K

TruGolf's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Franchise Revenue (100.00%).

TruGolf Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GDEVGDEV$465.00M$107.00M
MYPSPLAYSTUDIOS$235.10M$57.65M
MAPSWM$174.70M$42.18M
CETXCemtrex$76.49M$16.13M
TAOPTaoping$38.60M$24.56M
TRUGTruGolf$18.88M$4.11M
FRGTFreight$13.73M$2.99M
TGLTreasure Global$2.33M$1.08M
IMTEIntegrated Media$526.81K$205.51K
WLDSWearable Devices$82.00K$70.00K
AUUDAuddia--

TRUG Revenue FAQ


What is TruGolf’s yearly revenue?

TruGolf's yearly revenue for 2025 was $18.88M, representing a decrease of -13.63% compared to 2024. The company's yearly revenue for 2024 was $21.86M, representing an increase of 6.19% compared to 2023. TRUG's yearly revenue for 2023 was $20.58M, representing an increase of 1.76% compared to 2022.

What is TruGolf’s quarterly revenue?

TruGolf's quarterly revenue for Q3 2025 was $4.11M, a -4.75% decrease from the previous quarter (Q2 2025), and a -34.17% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $4.31M, a -20.01% decrease from the previous quarter (Q1 2025), and a 11.30% increase year-over-year (Q2 2024). TRUG's quarterly revenue for Q1 2025 was $5.39M, a -20.00% decrease from the previous quarter (Q4 2024), and a 7.53% increase year-over-year (Q1 2024).

What is TruGolf’s revenue growth rate?

TruGolf's revenue growth rate for the last 3 years (2023-2025) was -8.28%, and for the last 5 years (2021-2025) was -11.14%.

What are TruGolf’s revenue streams?

TruGolf's revenue streams in c 25 are Other, and Franchise Revenue. Other generated $473.63K in revenue, accounting 30.10% of the company's total revenue, up 59.26% year-over-year. Franchise Revenue generated $1.1M in revenue, accounting 69.90% of the company's total revenue

What is TruGolf’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of TruGolf was Franchise Revenue. This segment made a revenue of $1.1M, representing 69.90% of the company's total revenue.