Abnormal glycolytic metabolism is one of the hallmarks during progression of malignant human colorectal cancer. Abundant evidence has illustrated that long non-coding RNA participated in glycolytic metabolism of various tumors. However, the lncRNA involved in the inhibition of glycolysis in CRC is largely unknown. In this study, we identified the lncRNA TRG-AS1 that inhibits CRC glycolysis in CRC by bioinformatic analysis, and its biological function was investigated in vitro and in vivo. LncRNA TRG-AS1 was identified and analyzed in The Cancer Genome Atlas database and Gene Expression Omnibus databases, and further confirmed in CRC tissues and adjacent normal tissues with qRT-PCR. TRG-AS1 overexpressing stable cell line and silence the target gene cell line were generated. Glucose assay kits and Pyruvate assay kits were utilized to analyze glycolysis. The cell proliferation ability was evaluated by CCK8, Colony formation assays and EdU. Xenograft tumor experiments were performed to assess proliferative capacity. Cell migration and invasion abilities were examined using the Transwell assay. TRG-AS1 was remarkably decreased in CRC tissues and cell lines. Higher TRG-AS1 expression is remarkably associated with more prolonged survival time. Over-expression of TRG-AS1 suppressed glycolysis, cell proliferation, invasive and migration abilities of CRC cells. On the contrary, TRG-AS1 silence attenuated CRC cells glycolysis, promoted cell proliferation, migration and invasion. Collectively, the results demonstrate that TRG-AS1 functioned as a tumor suppressor to contribute to CRC progression, is a promising prognostic factor. Our study provided a novel insight into the pathogenesis of CRC and a promising therapeutic target for CRC treatment.