- Newton Golf reports three-figure revenue growth in first quarter of 2025.
- Newton Motion shaft adoption has surpassed 30 professionals.
- Company’s revenue guidance for 2025 is forecast to range between $6.5 and $7 million.
With the launch of its newest shaft family, Newton Golf Company (NASDAQ: NWTG) is seeing triple-figure year-over-year revenue growth, according to the company’s latest financial numbers (https://ibn.fm/hAQWB). The company released its financial report for Q1 2025, noting that revenue had increased an impressive 246% during the first three months of the year.
“We are very pleased with our first-quarter results, especially given that it is typically the offseason for golf,” said Newton Golf CEO Greg Campbell. “When we launched the Newton Motion shaft, our goal was to engineer performance that speaks for itself. The fact that more than 30 professionals are now using Newton shafts across major tours — and that eight of those joined in Q1 — validates both the technology and our direction. We’re just getting started. Demand for our Fast Motion shaft has exceeded expectations, and we are ramping up production to keep pace.”
According to the company’s report, financial highlights for first quarter 2025 include revenue of $1.2 million, up from $350,000 in Q1 2024; an increase in gross profit of 348%, totaling $852,000, up from $190,000 in 2024; and gross margin reaching 70%, up from 54% a year ago. In addition, the report noted that net loss for the company decreased to $0.5 million, or $0.55 per share, compared to $1.2 million, or $24.85 per share in Q1 2024; the company reported cash and cash equivalents of $5.9 million as of March 31, 2025.
Perhaps most exciting for the company was the news that Newton Motion shaft adoption has surpassed 30 professionals, with eight new players joining across PGA TOUR Champions, LPGA, Korn Ferry and PGA TOUR events during the quarter. Other business highlights from the quarterly report included shaft sales growth of 314% year over year and the opportunity to showcase the company’s full product lineup at the 2025 PGA Show.
The quarterly report also noted the company’s growing international reach. Newton Golf signed distribution agreements with two of Japan’s largest golf retailers, and expanded product testing and engagement with club fitting leaders in Europe and North America.
In addition, the Q1 report noted the company’s revenue guidance for 2025, which is forecast to range between $6.5 and $7 million, representing continued strong growth from 2024. “We continue to execute with discipline and focus,” Campbell stated. “The 246% year-over-year revenue growth reflects strong demand, expanding distribution and improving unit economics.
“As we look ahead to the rest of 2025, our focus remains on expansion—new products, new markets, and continued tour validation,” Campbell continued. “We believe Newton’s trajectory is being driven by something deeper than hype. It’s being driven by results, by performance, and by trust on tour. And we’re building for the long-term.”
For more information, visit www.NewtonGolfCo.com.
NOTE TO INVESTORS: The latest news and updates relating to NWTG are available in the company’s newsroom at https://ibn.fm/NWTG
