Newton Golf Q2 FY26 net loss widens to $2.3 million; net sales drop 36% to $1.3 million

Newton Golf Q2 ended June 30, 2026 net sales fell 36% to $1.3 million; net loss widened to $2.3 million, or $0.49.

Gross profit dropped to $911,000; gross margin rose 1.6 percentage points to 69.2% on a higher direct-to-consumer mix.

Output constraints tied to a manufacturing transition and carbon fiber supply limits delayed shipments; marketing spend was moderated to match capacity.

Customer deposits and open wholesale sales orders slid to about $0.5 million at June 30 from $1.2 million at March 31.

Management said shipment times improved to within seven business days by early August; a $5 million revolver was signed, $0.8 million drawn.