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Side-by-side financial comparison of FST Corp. (KBSX) and Newton Golf Company, Inc. (NWTG). Click either name above to swap in a different company.
FST Corp. is the larger business by last-quarter revenue ($12.6M vs $2.3M, roughly 5.5× Newton Golf Company, Inc.). FST Corp. runs the higher net margin — -5.7% vs -105.3%, a 99.6% gap on every dollar of revenue. FST Corp. produced more free cash flow last quarter ($4.2M vs $-1.1M).
Bridgestone Golf, Inc. is a sports equipment company based in Covington, Georgia, United States. The company is a subsidiary of Bridgestone. It designs and manufactures a full range of golf equipment including balls, clubs, and accessories utilizing both the Bridgestone and Precept brand names.
KBSX vs NWTG — Head-to-Head
Income Statement — Q3 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $12.6M | $2.3M |
| Net Profit | $-716.0K | $-2.4M |
| Gross Margin | 39.2% | 25.0% |
| Operating Margin | -7.5% | -112.8% |
| Net Margin | -5.7% | -105.3% |
| Revenue YoY | — | 112.4% |
| Net Profit YoY | — | 71.3% |
| EPS (diluted) | $-0.02 | $-0.40 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $2.3M | ||
| Q3 25 | $12.6M | $2.6M | ||
| Q2 25 | — | $2.1M | ||
| Q1 25 | — | $1.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | $813.0K | ||
| Q1 24 | — | $350.0K |
| Q4 25 | — | $-2.4M | ||
| Q3 25 | $-716.0K | $-1.6M | ||
| Q2 25 | — | $-1.5M | ||
| Q1 25 | — | $-525.0K | ||
| Q4 24 | — | $-8.3M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-1.2M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | 25.0% | ||
| Q3 25 | 39.2% | 67.2% | ||
| Q2 25 | — | 67.6% | ||
| Q1 25 | — | 70.4% | ||
| Q4 24 | — | 72.3% | ||
| Q3 24 | — | 66.5% | ||
| Q2 24 | — | 60.1% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | — | -112.8% | ||
| Q3 25 | -7.5% | -58.2% | ||
| Q2 25 | — | -72.9% | ||
| Q1 25 | — | -162.9% | ||
| Q4 24 | — | -133.6% | ||
| Q3 24 | — | -90.0% | ||
| Q2 24 | — | -147.8% | ||
| Q1 24 | — | -358.6% |
| Q4 25 | — | -105.3% | ||
| Q3 25 | -5.7% | -61.2% | ||
| Q2 25 | — | -73.5% | ||
| Q1 25 | — | -43.4% | ||
| Q4 24 | — | -779.1% | ||
| Q3 24 | — | -87.5% | ||
| Q2 24 | — | -142.1% | ||
| Q1 24 | — | -340.9% |
| Q4 25 | — | $-0.40 | ||
| Q3 25 | $-0.02 | $-0.34 | ||
| Q2 25 | — | $-0.34 | ||
| Q1 25 | — | $-0.55 | ||
| Q4 24 | — | $-131.23 | ||
| Q3 24 | — | $-21.79 | ||
| Q2 24 | — | $-0.79 | ||
| Q1 24 | — | $-24.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.6M | $926.0K |
| Total Assets | $61.0M | $3.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $4.0M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $7.7M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $2.8M | ||
| Q1 24 | — | $4.1M |
| Q4 25 | — | $926.0K | ||
| Q3 25 | $10.6M | $3.1M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $6.2M | ||
| Q4 24 | — | $-5.2M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $3.6M | ||
| Q1 24 | — | $4.7M |
| Q4 25 | — | $3.3M | ||
| Q3 25 | $61.0M | $5.3M | ||
| Q2 25 | — | $6.5M | ||
| Q1 25 | — | $8.2M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | — | $3.4M | ||
| Q2 24 | — | $4.2M | ||
| Q1 24 | — | $5.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.4M | $-1.1M |
| Free Cash FlowOCF − Capex | $4.2M | $-1.1M |
| FCF MarginFCF / Revenue | 33.4% | -50.5% |
| Capex IntensityCapex / Revenue | 2.0% | 3.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-5.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $4.4M | $-1.3M | ||
| Q2 25 | — | $-1.2M | ||
| Q1 25 | — | $-1.6M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-1.2M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $4.2M | $-1.4M | ||
| Q2 25 | — | $-1.4M | ||
| Q1 25 | — | $-1.7M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $-1.4M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | -50.5% | ||
| Q3 25 | 33.4% | -54.9% | ||
| Q2 25 | — | -66.4% | ||
| Q1 25 | — | -140.1% | ||
| Q4 24 | — | -143.5% | ||
| Q3 24 | — | -112.7% | ||
| Q2 24 | — | -159.3% | ||
| Q1 24 | — | -352.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 2.0% | 3.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 22.7% | ||
| Q2 24 | — | 12.9% | ||
| Q1 24 | — | 23.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
