Newton Golf Company Reports Third Quarter 2025 Results

Core Insights - Newton Golf Company reported its largest revenue quarter in history with a 113% year-over-year revenue growth, achieving $2.58 million in Q3 2025 compared to $1.21 million in Q3 2024 [1][5] - The company reaffirmed its full-year revenue guidance of $7 million to $7.5 million, indicating over 100% growth year-over-year [5][12] Financial Performance - Q3 2025 revenue reached $2.58 million, a 113% increase from $1.21 million in Q3 2024 [5] - Gross profit for Q3 2025 was $1.73 million, up 115% year-over-year, maintaining a gross margin of 67% [5][9] - For the first nine months of 2025, revenue was $5.86 million, a 147% increase from $2.37 million in the prior year period [5] - Net loss for Q3 2025 was $1.58 million, compared to a net loss of $1.06 million in Q3 2024 [5] Market and Product Development - The company launched a dedicated Japanese e-commerce site in October 2025, targeting a market with approximately 11.4 million active golfers [7] - More than 60 professionals across major golf tours are using Newton shafts, enhancing brand credibility and consumer demand [6] - Fast Motion, a product line, experienced over 300% sales growth from Q2 2025 to Q3 2025 [6] Strategic Initiatives - The company is focused on expanding its tour presence, scaling professional club fitter and retail coverage, and deepening OEM engagement [7][10] - Discussions for OEM integration with major club manufacturers are underway, with three new premium shaft lines planned for launch in 2026 [11] - The golf equipment market is projected to grow at approximately 5% annually through 2030, with Newton positioned to benefit from this growth [11]