TruGolf Holdings Operating Expenses Growth & History (TRUG)
TruGolf Holdings's operating expenses was $15.6M for fiscal 2025.
View full TruGolf Holdings company overviewTruGolf Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $15.6M | −$362,128 | −2.27% |
| 2024 | 2024-12-31 | $16.0M | −$5.4M | −25.37% |
| 2023 · Dec 31 | 2023-12-31 | $21.4M | $9.3M | +76.73% |
| 2023 · Mar 31 | 2023-03-31 | $2.2M | $1.8M | +428.68% |
| 2022 | 2022-12-31 | $12.1M | — | — |
| 2022 | 2022-03-31 | $409,912 | — | — |
TruGolf Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.7M | $44,668 | +1.23% |
| Q1 2026 | 2026-03-31 | $4.0M | −$694,360 | −14.86% |
| Q4 2025 | 2025-12-31 | $3.3M | −$1.8M | −35.52% |
| Q3 2025 | 2025-09-30 | $4.0M | $520,410 | +15.13% |
| Q2 2025 | 2025-06-30 | $3.6M | $285,243 | +8.49% |
| Q1 2025 | 2025-03-31 | $4.7M | $675,251 | +16.90% |
| Q4 2024 | 2024-12-31 | $5.2M | $4.8M | +1148.89% |
| Q3 2024 | 2024-09-30 | $3.4M | −$781,334 | −18.51% |
| Q2 2024 · Jun 30 | 2024-06-30 | $3.4M | $350,773 | +11.66% |
| Q1 2024 · Mar 31 | 2024-03-31 | $4.0M | −$4.8M | −54.82% |
| Q4 2023 | 2023-12-31 | $415,489 | $131 | +0.03% |
| Q2 2024 · Sep 30 | 2023-09-30 | $4.2M | $3.5M | +488.22% |
| Q1 2024 · Jun 30 | 2023-06-30 | $3.0M | $2.7M | +1014.47% |
| Q4 2023 · Mar 31 | 2023-03-31 | $8.8M | $8.7M | +4896.75% |
| Q3 2023 | 2022-12-31 | $415,358 | $277,753 | +201.85% |
| Q2 2023 | 2022-09-30 | $717,723 | $638,949 | +811.12% |
| Q1 2023 | 2022-06-30 | $269,833 | $253,334 | +1535.45% |
| Q4 2022 | 2022-03-31 | $177,034 | — | — |
| Q3 2022 | 2021-12-31 | $137,605 | — | — |
| Q2 2022 | 2021-09-30 | $78,774 | — | — |
| Q1 2022 | 2021-06-30 | $16,499 | — | — |
TruGolf Holdings operating expenses trends
Between the periods ended 2022-03-31 and 2025-12-31, TruGolf Holdings's operating expenses increased from $409,912 to $15.6M, a change of $15.2M. The latest reported quarter, Q2 2026, shows $3.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TruGolf Holdings source filings ↗