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TruGolf reports Q4 2025 loss narrowed to $1.96M amid accounting changes, expects growth in 2026 with new products and franchise launch

Company Fundamentals
16 Apr 2026
GlobeNewsWire
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Neutral
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TruGolf Holdings reported a Q4 2025 net loss of $1.96 million, significantly improved from $5.86 million in Q4 2024, mainly due to a $2 million non-cash inventory adjustment and debt restructuring. Full-year 2025 revenue declined 11.3% to $18.9 million, impacted by deferred software license revenue and accounting system changes, despite a 7.1% increase in golf simulator hardware sales. The company strengthened its capital structure, increased liquidity, and expanded its product lineup, including new D3 wagering software and the upcoming opening of its first flagship franchise in Cherry Hill, New Jersey, expected in Q2 2026. TruGolf anticipates higher sales and growth in 2026 as it leverages these strategic initiatives.

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