Research Frontiers Inc (REFR) stock
REFRNasdaqPatent Owners & LessorsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 6/30122% above fair value
$0.36+0.00 (+1.28%)
Close on Nov 12, 2026Market cap $12.45MP/E –Yield –
Research Frontiers profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Research Frontiers's profit margin for the twelve months ending Sep 30, 2026 was -662.0%. For fiscal 2025 it was -182.4%, against -98.2% the year before. The highest annual figure on record is -98.2% in fiscal 2024.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -182.4% | −84.2 |
| FY2024 | Dec 31, 2024 | -98.2% | +111.6 |
| FY2023 | Dec 31, 2023 | -209.8% | +284.8 |
| FY2022 | Dec 31, 2022 | -494.6% | −348.4 |
| FY2021 | Dec 31, 2021 | -146.2% | +136.4 |
| FY2020 | Dec 31, 2020 | -282.6% | −39.0 |
| FY2019 | Dec 31, 2019 | -243.5% | −63.1 |
| FY2018 | Dec 31, 2018 | -180.4% | −20.5 |
| FY2017 | Dec 31, 2017 | -160.0% | +182.9 |
| FY2016 | Dec 31, 2016 | -342.9% | −129.7 |
| FY2015 | Dec 31, 2015 | -213.2% | +62.9 |
| FY2014 | Dec 31, 2014 | -276.1% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -662.4% | −579.3 |
| Q2 FY2026 | Jun 30, 2026 | -764.6% | −145.8 |
| Q1 FY2026 | Mar 31, 2026 | -385.4% | −353.7 |
| Q4 FY2025 | Dec 31, 2025 | -1061.5% | −720.2 |
| Q3 FY2025 | Sep 30, 2025 | -83.0% | −36.0 |
| Q2 FY2025 | Jun 30, 2025 | -618.8% | −599.6 |
| Q1 FY2025 | Mar 31, 2025 | -31.7% | +109.5 |
| Q4 FY2024 | Dec 31, 2024 | -341.2% | −187.5 |
| Q3 FY2024 | Sep 30, 2024 | -47.1% | +240.6 |
| Q2 FY2024 | Jun 30, 2024 | -19.2% | +247.6 |
| Q1 FY2024 | Mar 31, 2024 | -141.2% | +45.2 |
| Q4 FY2023 | Dec 31, 2023 | -153.7% | +474.0 |
| Q3 FY2023 | Sep 30, 2023 | -287.7% | +33.9 |
| Q2 FY2023 | Jun 30, 2023 | -266.8% | +600.8 |
| Q1 FY2023 | Mar 31, 2023 | -186.4% | +175.1 |
| Q4 FY2022 | Dec 31, 2022 | -627.7% | −259.4 |
| Q3 FY2022 | Sep 30, 2022 | -321.5% | −324.5 |
| Q2 FY2022 | Jun 30, 2022 | -867.5% | −404.2 |
| Q1 FY2022 | Mar 31, 2022 | -361.5% | −100.0 |
| Q4 FY2021 | Dec 31, 2021 | -368.3% | +308.2 |
| Q3 FY2021 | Sep 30, 2021 | 3.0% | +265.2 |
| Q2 FY2021 | Jun 30, 2021 | -463.4% | −236.8 |
| Q1 FY2021 | Mar 31, 2021 | -261.5% | −86.1 |
| Q4 FY2020 | Dec 31, 2020 | -676.5% | −347.0 |
| Q3 FY2020 | Sep 30, 2020 | -262.2% | −176.2 |
| Q2 FY2020 | Jun 30, 2020 | -226.5% | +222.1 |
| Q1 FY2020 | Mar 31, 2020 | -175.4% | +16.7 |
| Q4 FY2019 | Dec 31, 2019 | -329.5% | −158.5 |
| Q3 FY2019 | Sep 30, 2019 | -85.9% | +105.4 |
| Q2 FY2019 | Jun 30, 2019 | -448.6% | −273.2 |
| Q1 FY2019 | Mar 31, 2019 | -192.0% | −8.8 |
| Q4 FY2018 | Dec 31, 2018 | -171.0% | +68.1 |
| Q3 FY2018 | Sep 30, 2018 | -191.3% | −129.3 |
| Q2 FY2018 | Jun 30, 2018 | -175.4% | −34.8 |
| Q1 FY2018 | Mar 31, 2018 | -183.2% | +59.1 |
| Q4 FY2017 | Dec 31, 2017 | -239.2% | +259.5 |
| Q3 FY2017 | Sep 30, 2017 | -62.1% | – |
| Q2 FY2017 | Jun 30, 2017 | -140.7% | – |
| Q1 FY2017 | Mar 31, 2017 | -242.3% | – |
| Q4 FY2016 | Dec 31, 2016 | -498.7% | – |
See a number that looks wrong?