Newton Golf Company, Inc. $NWTG reported second-quarter 2026 revenue of $1.3 billion, well above the analyst estimate of $2.6 million. Gross profit came in at $911 million, while operating profit was a loss of $1.5 billion.
Bottom-line results remained under pressure, with net income attributable to common shareholders of -$2.3 billion and diluted earnings per share of -$0.49. Cash flow from operating activities was also negative at -$1.7 billion.
On the balance sheet, cash and cash equivalents were $442 million at quarter-end, and total liabilities stood at $6.0 billion. The company also spent $82 million on property and equipment during the period.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Newton Golf Company, Inc. Hedge Fund Activity
We have seen 6 institutional investors add shares of Newton Golf Company, Inc. stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LPL FINANCIAL LLC removed 106,942 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $89,831
- DRW SECURITIES, LLC removed 17,918 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $28,489
- GEODE CAPITAL MANAGEMENT, LLC removed 16,267 shares (-28.3%) from their portfolio in Q2 2026, for an estimated $13,664
- HRT FINANCIAL LP added 16,206 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,613
- TWO SIGMA SECURITIES, LLC removed 10,302 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $16,380
- UBS GROUP AG added 5,136 shares (+556.4%) to their portfolio in Q2 2026, for an estimated $4,314
- NORTHERN TRUST CORP added 4,568 shares (+42.5%) to their portfolio in Q2 2026, for an estimated $3,837
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
