REFRNasdaqPatent Owners & LessorsFiscal year ends December 31
RESEARCH FRONTIERS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.52−0.04 (-7.07%)
Close on Oct 19, 2026
- Market cap
- $18.15M
- P/E (TTM)
- –
- Dividend yield
- –
Research Frontiers statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Patent Owners & Lessors companies for comparison
Valuation
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Market Cap | $18.15M | $306.75M |
| Enterprise Value | $17.06M | $298.07M |
| PS Ratio | 27.74 | 4.22 |
| PB Ratio | 16.16 | 1.70 |
| P/TBV Ratio | 16.16 | 1.81 |
Enterprise value
| Measure | Research Frontiers | Industry median |
|---|---|---|
| EV / Sales | 26.08 | 4.06 |
Income (trailing twelve months)
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Revenue | $654.23K | $462.89M |
| Operating Income | -$2.28M | -$575.50K |
| Net Income | -$2.25M | $5.29M |
| EBITDA | -$2.27M | $7.15M |
| EPS (Diluted) | -$0.07 | $0.51 |
Margins
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Operating Margin | -348.1% | 21.8% |
| Profit Margin | -343.9% | 10.6% |
| EBITDA Margin | -347.2% | 46.5% |
| FCF Margin | -238.6% | 17.0% |
Returns
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Return on Equity (ROE) | -154.0% | 4.88% |
| Return on Assets (ROA) | -79.7% | 1.89% |
| Return on Invested Capital (ROIC) | -643.9% | 8.05% |
| Return on Capital Employed (ROCE) | -110.3% | -0.75% |
Growth
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -46.5% | 4.40% |
| Revenue Growth (3Y CAGR) | 27.6% | 4.15% |
| Revenue Growth (5Y CAGR) | 6.24% | 7.74% |
Balance sheet
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $1.09M | $1.13M |
| Net Cash (Debt) | $1.09M | $863.61K |
| Net Cash Per Share | $0.03 | $0.04 |
| Equity (Book Value) | $1.12M | -$35.82K |
| Book Value Per Share | $0.03 | -$0.00 |
| Tangible Book Value | $1.12M | -$75.49K |
| Working Capital | $1.04M | $316.69K |
Financial position
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Current Ratio | 3.54 | 2.04 |
| Quick Ratio | 3.15 | 1.62 |
Cash flow (trailing twelve months)
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Operating Cash Flow | -$1.56M | $15.25M |
| Capital Expenditures | -$622 | -$91.50M |
| Free Cash Flow | -$1.56M | $105.13M |
| FCF Per Share | -$0.04 | $1.15 |
Efficiency
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Asset Turnover | 0.23 | 0.13 |
| Revenue Per Employee | $130.85K | $2.44M |
| Profits Per Employee | -$449.92K | $148.73K |
| Employee Count | 5 | 188 |
Dividends and yields
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Earnings Yield | -12.4% | 1.97% |
| FCF Yield | -8.60% | 3.67% |
Shares
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Shares Outstanding | 34,867,800 | 30,666,700 |
| Shares Change (YoY) | 1.47% | 0.70% |
| Shares Change (QoQ) | 0.00% | 0.01% |
| Float | 31,772,600 | 24,958,300 |
| Shares Held by Insiders | 8.88% | 17.3% |
| Shares Held by Institutions | 10.5% | 68.7% |
Scores
| Measure | Research Frontiers | Industry median |
|---|---|---|
| Altman Z-Score | -67.06 | 7.38 |
| Piotroski F-Score | 2 | 5 |
Calculated by StockData from Research Frontiers's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.