Filing Flows › Newton Golf Company (NWTG) › Q2 2026
Newton Golf Company (NWTG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Newton Golf Company (NWTG) reported revenue of $1.3M for the second quarter 2026 (Q2 2026), -36% from a year earlier and +33% from the quarter before. Operating margin was -117.0%, net loss $2.3M (173.1% of revenue).
Newton Golf Company, Q2 2026: revenue $1.3M (-36% year over year), operating margin -117.0%, net loss $2.3M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +33% | -36% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $1.3M in Q2 2026, down 36% year over year and up 33% from the previous quarter. Newton Shafts was the largest line at 99% of revenue. Newton Shafts lost $721K year over year (down 36%), 96% of the total change.
Gross margin was 69.2%, up 1.6 points from Q2 2025. Operating costs exceeded revenue by $1.5M, an operating margin of -117.0%. Operating expenses fell 16% while revenue fell 36%. The fastest-growing cost line was Research & development (+143%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $2.7M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $84K of depreciation and $128K of share-based compensation. Working capital and other items added $346K. Capital expenditures of $82K exceeded it, leaving free cash flow of −$1.8M.
Questions
What was Newton Golf Company's revenue in the second quarter 2026?
Newton Golf Company (NWTG) reported revenue of $1.3M for the second quarter 2026 (Q2 2026), -36% from a year earlier and +33% from the quarter before.
Was Newton Golf Company profitable in the second quarter 2026?
Operating loss was $1.5M (-117.0% of revenue) and net loss $2.3M.