REFR logo

RESEARCH FRONTIERS INC

REFRNASDAQ
πŸ† #4703 by market capEarnings Nov 5US Equity
$0.70β–Ό $0.07 (βˆ’9.78%)
πŸŒ™ After hours$0.70β–² 0.19%Regular close Β· extended-hours price shown
πŸ””
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24hβ–Ό 9.8%
7dβ–Ό 10.4%
14dβ–² 93.7%
30dβ–² 51.9%
ytdβ–Ό 47.5%
1yβ–Ό 53.7%
🏦Market Cap
$24M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-16.0%
Declining
πŸ“ŠGross Margin
86.5%
High
πŸ’΅FCF Margin
-238.7%
Thin
βš–οΈP/S Ratio
41.3x
Expensive
Otter Score
76
Good

Trading Snapshot

Day Range
$0.69 – $0.71
52-Week Range
$0.34 – $2.70
Volume
$2.37B
Avg Volume
$2.03B
Shares Outstanding
34.9M
Next Earnings
Dec 11, 2026

Fundamentals Snapshot

Annual Revenue
$1M
Last Q Revenue
$86,346
P/E Ratio
-11.7
P/S Ratio
41.3x
EPS (TTM)
$-0.06
Dividend Yield
0.00%
Dilution (1yr)
+0.4%

Why Investors Own REFR

  • βœ“High-growth profile β€” revenue up +59.3% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 72% gross margin and 19% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

REFR logo

RESEARCH FRONTIERS INC

REFR
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$1Mβ–Ό βˆ’16.0% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
83.4%β–² +3.8% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$2Mβ–² +47.9% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$1Mβ–² +68.2% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
33.6Mβ–² +0.4% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$502Kβ–Ό βˆ’$1M YoY
StockOtter Β· stockotter.space

About RESEARCH FRONTIERS INC

Research Frontiers Incorporated (REFR) stands as a global innovator, focusing on the development and commercialization of advanced light-regulating technologies and associated devices. The company's core business revolves around its proprietary Suspended Particle Device (SPD-Smart) light-control technology, which it licenses to other businesses. These licensees then undertake the manufacturing and marketing of various components: the SPD-Smart chemical emulsion, the light-controlling film created from this emulsion, laminated light-control panels, and the necessary electronic systems to power final products that integrate the film. Additionally, Research Frontiers offers licenses for lamination services and the end-products themselves, such as dynamic windows, skylights, and sunroofs. The versatile SPD-Smart light-control technology is integrated into a diverse array of applications. This includes architectural elements like windows, sunshades, skylights, and interior partitions for both residential and commercial buildings. In the automotive sector, it's utilized in vehicle windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, and navigation systems. Beyond these, the technology enhances aircraft windows, museum display panels, specialized eyewear products, and flat panel displays for electronic goods. The company primarily caters to the architectural, automotive, marine, aerospace, and appliance industries. Research Frontiers Incorporated was established in 1965 and is based in Woodbury, New York.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Good
76/100

Analyst Price Target

β“˜
Average Target
$0.91
β–² +29.8% Upside
High Target$1.03
Low Target$0.72
Based on 16 analysts

Latest News & Updates

Defense WorldΒ·1d ago

Research Frontiers (NASDAQ:REFR) vs. Nortech Systems (NASDAQ:NSYS) Critical Analysis

Nortech Systems (NASDAQ: NSYS - Get Free Report) and Research Frontiers (NASDAQ: REFR - Get Free Report) are both small-cap technology companies, but which is the better business? We will compare the two companies based

Defense WorldΒ·8d ago

Financial Review: Veralto (NYSE:VLTO) & Research Frontiers (NASDAQ:REFR)

Veralto (NYSE: VLTO - Get Free Report) and Research Frontiers (NASDAQ: REFR - Get Free Report) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength o

GlobeNewsWireΒ·11d ago

Research Frontiers Welcomes Gauzy's Court-Approved Restructuring and the Restart of SPD-Smart Light Control Film Production

WOODBURY, N.Y., Sept. 18, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR), the developer and licensor of patented SPD-SmartGlass technology, welcomed the announcement today by Gauzy Ltd. that its comprehe

Seeking AlphaΒ·Aug 6

Research Frontiers Incorporated (REFR) Q2 2026 Earnings Call Transcript

Research Frontiers Incorporated (REFR) Q2 2026 Earnings Call Transcript

Globe News WireΒ·Aug 6

Research Frontiers Reports Second Quarter 2026 Financial Results and Will Host a Conference Call at 4:30 p.m. Today

WOODBURY, N. Y. , Aug. 06, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced its financial results for its second quarter of 2026.

GlobeNewsWireΒ·Aug 3

RESEARCH FRONTIERS TO HOST SECOND QUARTER 2026 CONFERENCE CALL

WOODBURY, NY, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc.Β (Nasdaq:Β REFR)Β announced today that it will release its second quarter 2026 financial results on Thursday, August 6, 2026. Research Frontiers will a