Newton Golf Company reported sales jumped 154 percent to $2.1 million in the second quarter ended June 30, compared to $813,000 in the same period a year ago. Net losses increased slightly to $1.5 million, or 34 cents per share, compared to a net loss of $1.2 million, or 79 cents, a year ago.

Gross margin improved to 67.6 percent, compared to 60.1 percent in Q224.

For the half, revenue increased 182 percent year-over-year to $3.3 million, compared to $1.2 million in the first half of 2024. Net loss of $2.1 million, or 74 cents, compared to a net loss of $2.4 million, or $1.61, in the first half of 2024.  Gross margin expanded to 68.7 percent, compared to 59.8 percent in the first half of 2024.

The firm, based in Camarillo, CA, had cash & cash equivalents of $4.0 million as of June 30.

Greg Campbell, CEO, said, “Our Q2 results highlight continued progress across multiple channels, with strong performance from our Motion and Fast Motion shafts, growing adoption among tour professionals, and expanding relationships with global distributors. We also increased our marketing and sales investments this quarter to build on that momentum heading into the second half of the year.”

Jeff Clayborne, who recently joined the firm as CFO, said, “It’s an exciting time to join Newton Golf as we build both financial momentum and market presence. In Q2, we delivered meaningful top-line growth and maintained solid margins, supported by strong product demand and operational efficiency. We remain focused on disciplined execution as we scale, and confident in our ability to drive long-term value for shareholders.”

Recent Business Highlights

  • Launched on April 29, the Newton Fast Motion golf shaft which sold 1,817 units in May and June, generating over $696,000 in gross sales. Momentum continued into Q3, with 2,211 units sold to date, resulting in over $786,000 in revenue.
  • Increased production capacity to meet the accelerating demand for Motion and Fast Motion shafts
  • Experienced significant growth in direct-to-consumer sales through NewtonGolfCo.com
  • Expanded distribution and product testing with international fitters and retailers, including new partnerships in Japan
  • Newton surpassed 50 professional users across the PGA Tour Champions, LPGA and Korn Ferry Tours

2025 Revenue Guidance
The company raised its full-year 2025 revenue guidance to a range of $7.0 million to $7.5 million, up from the prior range of $6.5 million to $7.0 million issued last quarter, reflecting stronger-than-anticipated demand and continued momentum across key channels.

“As we move into the second half of 2025, our focus is on scaling operations and deepening product adoption,” added Campbell. “With new products on the horizon and expanded retail partnerships underway, we remain committed to building a differentiated, performance-driven brand.”

Image courtesy Newton Golf