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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newton Golf Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20260814282163) on August 14, 2026, and is solely responsible for the information contained therein.