Filing Flows › Newton Golf Company (NWTG) › Q1 2026
Newton Golf Company (NWTG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Newton Golf Company (NWTG) reported revenue of $991K for the first quarter 2026 (Q1 2026), -18% from a year earlier and -56% from the quarter before. Operating margin was -263.9%, net loss $2.7M (268.3% of revenue).
Newton Golf Company, Q1 2026: revenue $991K (-18% year over year), operating margin -263.9%, net loss $2.7M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $991K | -56% | -18% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $1.0M in Q1 2026, down 18% year over year and down 56% from the previous quarter. Driver and Fairway Shafts was the largest line at 99% of revenue. Driver and Fairway Shafts lost $215K year over year (down 18%), 98% of the total change.
Gross margin was 63.4%, down 7.0 points from Q1 2025. Operating costs exceeded revenue by $2.6M, an operating margin of -263.9%. Operating expenses grew 15% against a revenue fall of 18%. The fastest-growing cost line was Research & development (+23%). The quarter ended with a net loss of $2.7M, wider than the previous quarter's $2.4M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $79K of depreciation and $151K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $87K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Newton Golf Company's revenue in the first quarter 2026?
Newton Golf Company (NWTG) reported revenue of $991K for the first quarter 2026 (Q1 2026), -18% from a year earlier and -56% from the quarter before.
Was Newton Golf Company profitable in the first quarter 2026?
Operating loss was $2.6M (-263.9% of revenue) and net loss $2.7M.