Filing Flows › Newton Golf Company (NWTG) › Q4 2025
Newton Golf Company (NWTG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Newton Golf Company (NWTG) reported revenue of $2.3M for the fourth quarter 2025 (Q4 2025), +112% from a year earlier and -12% from the quarter before. Operating margin was -112.8%, net loss $2.4M (105.3% of revenue).
Newton Golf Company, Q4 2025: revenue $2.3M (+112% year over year), operating margin -112.8%, net loss $2.4M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -12% | +112% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $2.3M in Q4 2025, up 112% year over year and down 12% from the previous quarter.
Gross margin was 25.0%, down 47.3 points from Q4 2024. Operating costs exceeded revenue by $2.6M, an operating margin of -112.8%. Operating expenses grew 42% against revenue growth of 112%. The fastest-growing cost line was SG&A (+44%). The quarter ended with a net loss of $2.4M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $81K of depreciation. Working capital and other items added $1.2M. Capital expenditures of $85K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Newton Golf Company's revenue in the fourth quarter 2025?
Newton Golf Company (NWTG) reported revenue of $2.3M for the fourth quarter 2025 (Q4 2025), +112% from a year earlier and -12% from the quarter before.
Was Newton Golf Company profitable in the fourth quarter 2025?
Operating loss was $2.6M (-112.8% of revenue) and net loss $2.4M.