Newton Golf (NASDAQ:NWTG) Issues Quarterly Earnings Results

Posted by on Aug 16th, 2026

Newton Golf (NASDAQ:NWTG – Get Free Report) posted its earnings results on Friday. The company reported ($0.49) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $1.32 billion for the quarter. Newton Golf had a negative return on equity of 476.84% and a negative net margin of 103.02%.

Here are the key takeaways from Newton Golf’s conference call:

  • Second-quarter sales fell to $1.3 million from $2.1 million year over year, while the net loss widened to $2.3 million, or $0.49 per share, due to manufacturing-transition disruptions, idle capacity, and related costs.
  • Manufacturing throughput and supply availability improved after the quarter; shipment times were reduced to within seven business days by early August, and the company substantially fulfilled its prior $1.2 million backlog of deposits and open wholesale orders.
  • Adoption indicators strengthened, with more than 77 professional golfers using Newton shafts and the club-fitter network expanding to approximately 273 accounts at quarter end. The company also reported initial orders from a significant golf-equipment OEM and ongoing evaluations with additional OEMs.
  • Management believes production can scale from roughly 55,000 shafts annually today to approximately 160,000 units with planned investments, while new fairway wood and hybrid shafts are expected to launch in late 2026 or early 2027.
  • Liquidity remains a concern, with $442,000 in cash at June 30 and management acknowledging the need for additional capital. The company subsequently drew $750,000 on a new $5 million revolving facility and raised approximately $0.9 million in net proceeds through a common-stock private placement.

Newton Golf Trading Up 0.8%

Shares of NWTG stock opened at $1.33 on Friday. The stock has a market cap of $6.10 million, a P/E ratio of -0.69 and a beta of 2.47. The stock has a 50 day simple moving average of $1.03 and a 200 day simple moving average of $1.25. Newton Golf has a 1 year low of $0.70 and a 1 year high of $2.07.

Hedge Funds Weigh In On Newton Golf

A number of hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in Newton Golf by 45.6% in the 4th quarter. Geode Capital Management LLC now owns 41,530 shares of the company’s stock valued at $62,000 after acquiring an additional 13,001 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Newton Golf during the 3rd quarter worth $28,000. Finally, DRW Securities LLC acquired a new stake in shares of Newton Golf during the 4th quarter worth $27,000. Institutional investors own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Newton Golf in a research note on Monday, June 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Research Report on NWTG

Newton Golf Company Profile

(Get Free Report)

Sacks Parente Golf, Inc (“SPG”) is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. In April 2022, in consideration of our growth opportunities in shaft technologies, we expanded our manufacturing business to include advanced premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. We intend to manufacture and assemble substantially all products in the United States.

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Earnings History for Newton Golf (NASDAQ:NWTG)

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