Newton Golf Reports Third Quarter 2026 Results, Expands 2.0 Shaft Rollout and Advances Retailer Discussions
Key Highlights
- ➤Net sales $1.4 million, down 47% year over year
- ➤Net loss narrowed to $1.2 million, or $0.23 per share
- ➤Post-quarter financings raised approximately $3.0 million in net proceeds
- ➤Nasdaq notified Newton Golf of stockholders’ equity deficiency
- ➤More than 80 professional golfers used Newton shafts at quarter end
Expert Statements
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“In the third quarter, our manufacturing facility operated under normal production processes, and for the first time, we began building inventory ahead of customer orders. This is an important step toward improving product availability and fulfillment. We are targeting shipment within two days of receiving an order.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“We continued selling our updated 2.0 shafts, which incorporate refinements to manufacturing techniques, bend profiles, specifications and production tolerances. Initial professional adoption has included conversions from prior-generation shafts and use of the updated Motion fairway shaft by multiple PGA TOUR Champions players.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“Reliable supply, shorter lead times and consistent product quality are important to developing wholesale and OEM relationships. We believe our manufacturing improvements and updated shaft versions have strengthened those relationships.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“Our new marketing agency is helping refine our direct-to-consumer strategy, diversify customer acquisition channels and strengthen brand messaging. As carbon fiber availability improved, we selectively resumed marketing initiatives while keeping overall activity below historical levels. We are shifting away from frequent sitewide discounts toward more selective promotions and offers designed to encourage larger purchases. Since marketing initiatives resumed, we have observed improved returns on advertising spend.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“On October 29, we announced the next phase of our expansion in Japan, including the relaunch of our enhanced Japanese e-commerce platform, the local introduction of our 2.0 shafts and a partnership with professional golfer Hiroyuki Fujita.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“We believe our focus on brand building and more selective promotions has helped open discussions with certain key prospective retail partners. We are now negotiating potential commercial arrangements that could expand access to our Motion and Fast Motion shafts through in-store fitting and e-commerce channels.”
Akinobu Yorihiro, interim CEO and CTO of Newton Golf
“We expect to begin a dedicated marketing campaign for the 2.0 platform in November 2026. Fast Motion fairway wood and hybrid shafts are expected to launch commercially in the first quarter of 2027. Our priorities are to improve fulfillment and product consistency, expand distribution and prepare for upcoming product launches.”
Newton Golf Reports Third Quarter 2026 Results, Expands 2.0 Shaft Rollout and Advances Retailer Discussions
Newton Golf Company, Inc. (NASDAQ: NWTG) (the “Company”), a technology-forward golf equipment company focused on physics-driven engineering, reported results for the third quarter ended September 30, 2026. Unless otherwise noted, comparisons are to the same period in the prior year.
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