Filing Flows › Newton Golf Company (NWTG) › Q2 2025
Newton Golf Company (NWTG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Newton Golf Company (NWTG) reported revenue of $2.1M for the second quarter 2025 (Q2 2025), +154% from a year earlier and +71% from the quarter before. Operating margin was -72.9%, net loss $1.5M (73.5% of revenue).
Newton Golf Company, Q2 2025: revenue $2.1M (+154% year over year), operating margin -72.9%, net loss $1.5M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | +71% | +154% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $2.1M in Q2 2025, up 154% year over year and up 71% from the previous quarter. Newton Shafts was the largest line at 98% of revenue. Newton Shafts added $1.4M year over year (up 213%), 110% of the total change. Sacks Parente Putters declined 75%.
Gross margin was 67.6%, up 7.5 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -72.9%. Operating expenses grew 72% against revenue growth of 154%. The fastest-growing cost line was SG&A (+86%). The quarter ended with a net loss of $1.5M, wider than the previous quarter's $525K loss.
Operating cash flow was −$1.2M. Non-cash charges added back $83K of depreciation and $42K of share-based compensation. Working capital and other items added $182K. Capital expenditures of $160K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Newton Golf Company's revenue in the second quarter 2025?
Newton Golf Company (NWTG) reported revenue of $2.1M for the second quarter 2025 (Q2 2025), +154% from a year earlier and +71% from the quarter before.
Was Newton Golf Company profitable in the second quarter 2025?
Operating loss was $1.5M (-72.9% of revenue) and net loss $1.5M.