Research Frontiers Incorporated (REFR)

NASDAQ: REFR · Real-Time Price · USD
0.7500
-0.0200 (-2.60%)
May 20, 2026, 4:00 PM EDT - Market closed
Market Cap26.15M -32.9%
Revenue (ttm)697,791 -55.9%
Net Income-2.39M
EPS-0.07
Shares Out 34.87M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume35,794
Open0.7701
Previous Close0.7700
Day's Range0.7300 - 0.7950
52-Week Range0.7300 - 2.7000
Beta0.54
AnalystsHold
Price Target1.50 (+100.0%)
Earnings DateMay 7, 2026

About REFR

Research Frontiers Incorporated, together with other subsidiary, engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-p... [Read more]

Sector Technology
Founded 1965
Employees 5
Stock Exchange NASDAQ
Ticker Symbol REFR
Full Company Profile

Financial Performance

In 2025, Research Frontiers's revenue was $1.12 million, a decrease of -16.04% compared to the previous year's $1.34 million. Losses were -$2.05 million, 56.0% more than in 2024.

Financial Statements

Analyst Summary

According to one analyst, the rating for REFR stock is "Hold" and the 12-month stock price target is $1.5.

Price Target
$1.5
(100.00% upside)
Analyst Consensus: Hold

News

Research Frontiers Earnings Call Transcript: Q1 2026

Q1 2026 saw lower revenue due to timing and non-recurring license fees, but cash reserves grew and expenses declined. Despite licensee disruptions, SPD technology development and adoption continued across key markets, with optimism for Gauzy's recovery.

13 days ago - Transcripts

Research Frontiers Earnings release: Q1 2026

Research Frontiers released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

13 days ago - Filings

Research Frontiers Quarterly report: Q1 2026

Research Frontiers has published its Q1 2026 quarterly earnings report on May 7, 2026.

13 days ago - Filings

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

WOODBURY, N.Y., May 07, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced its financial results for its first quarter of 2026.

13 days ago - GlobeNewsWire

RESEARCH FRONTIERS TO HOST FIRST QUARTER 2026 CONFERENCE CALL

WOODBURY, NY, May 04, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced today that it will release its first quarter 2026 financial results on Thursday, May 7, 2026. Research F...

16 days ago - GlobeNewsWire

Research Frontiers Proxy statement: Proxy filing

Research Frontiers filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.

20 days ago - Filings

Research Frontiers Earnings Call Transcript: Q4 2025

2025 saw structural supply chain changes, expanded automotive and architectural SPD adoption, and a strengthened balance sheet. Despite disruptions from licensee bankruptcies and geopolitical events, production and development continued, with high-volume automotive programs and retrofit initiatives driving future growth.

2 months ago - Transcripts

Research Frontiers Earnings release: Q4 2025

Research Frontiers released its Q4 2025 earnings on March 5, 2026, summarizing the period's financial results.

2 months ago - Filings

Research Frontiers Annual report: Q4 2025

Research Frontiers has published its Q4 2025 annual report on March 5, 2026.

2 months ago - Filings

Research Frontiers Reports Fourth Quarter and Year-End 2025 Financial Results and Will Host a Conference Call at 4:30p.m. Today

WOODBURY, N.Y., March 05, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced its financial results for its fourth quarter and full year 2025. Management will host a conference c...

2 months ago - GlobeNewsWire

RESEARCH FRONTIERS TO HOST FOURTH QUARTER AND YEAR-END2025 CONFERENCE CALL

WOODBURY, NY, March 02, 2026 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced today that it will release its fourth quarter and year-end 2025 financial results on Thursday, March 5...

2 months ago - GlobeNewsWire

Research Frontiers highlights ‘rising industry momentum for SPD-Smartglass

Research Frontiers (REFR) highlighted the strong industry interest in SPD-SmartGlass at last week’s ECV Automotive Glazing Summit in Detroit, where Research Frontiers President & CEO Joseph M. Harary ...

Other symbols: GAUZ
6 months ago - TheFly

Research Frontiers Highlights Rising Industry Momentum for SPD-SmartGlass Following Chairman's Keynote Address at Detroit Automotive Glazing Summit

WOODBURY, NY, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) highlighted the strong industry interest in SPD-SmartGlass at last week's ECV Automotive Glazing Summit in Detroi...

Other symbols: GAUZ
6 months ago - GlobeNewsWire

SmallCorp Partners with VariGuard to Protect Abraham Lincoln's Handwritten Gettysburg Address

Abraham Lincoln Presidential Library and Museum's visitors can now experience Lincoln's Gettysburg Address  in SmallCorp's archival exhibit case using VariGuard electronically dimmable SPD-SmartGlass.

6 months ago - GlobeNewsWire

Research Frontiers CEO Joe Harary to Deliver Keynote Address: “Real World Uses of SPD-SmartGlass and Other Variable Tint Technologies” at the 2025 North American Vehicle Glazing Innovation Summit in Detroit

WOODBURY, NY, Nov. 13, 2025 (GLOBE NEWSWIRE) -- As the automotive industry accelerates toward smarter, more sustainable vehicles, Research Frontiers (Nasdaq: REFR) President and CEO Joseph M. Harary w...

Other symbols: GAUZ
6 months ago - GlobeNewsWire

Research Frontiers Earnings Call Transcript: Q3 2025

Royalties and cash position improved year-over-year, with strong momentum in both automotive and architectural markets. The retrofit system launch and upcoming black SPD film are expected to drive further growth, while the company remains debt-free and asset-light.

6 months ago - Transcripts

Research Frontiers Earnings release: Q3 2025

Research Frontiers released its Q3 2025 earnings on November 6, 2025, summarizing the period's financial results.

6 months ago - Filings

Research Frontiers Quarterly report: Q3 2025

Research Frontiers has published its Q3 2025 quarterly earnings report on November 6, 2025.

6 months ago - Filings

Research Frontiers Reports Third Quarter 2025 Financial Results and Will Host a Conference Call at 4:30p.m. Today

WOODBURY, N.Y., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced its financial results for its third quarter of 2025.

6 months ago - GlobeNewsWire

Research Frontiers CEO Joe Harary to Lead North American Vehicle Glazing Innovation Summit 2025 in Detroit as Chairman and Keynote Presenter

WOODBURY, NY, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR), the inventor and licensor of SPD-SmartGlass technology, announced today that its President and CEO, Joseph M. Ha...

7 months ago - GlobeNewsWire

RESEARCH FRONTIERS TO HOST THIRD QUARTER 2025 CONFERENCE CALL

WOODBURY, NY, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR) announced today that it will release its third quarter 2025 financial results on Thursday, November 6, 2025. Rese...

7 months ago - GlobeNewsWire

Research Frontiers, AIT Group debut retrofittable SPD-SmartGlass window

Research Frontiers (REFR) announced the debut of the next-generation retrofittable SPD-SmartGlass window. The Thermolite RetroWAL SPD-SmartGlass system will be demonstrated at GlassBuild America 2025 ...

7 months ago - TheFly

Research Frontiers and AIT Group Debut at GlassBuild Retrofittable SPD-SmartGlass System Bringing Instant Light Control, Comfort, and Energy Efficiency to Existing Buildings

Powered by SPD-SmartGlass Film invented by Research Frontiers and Produced by Gauzy, this First-of-its-Kind Retrofit Dimmable Glazing System Transforms Building Facades Orlando, FL, Oct. 27, 2025 (GLO...

Other symbols: GAUZ
7 months ago - GlobeNewsWire

Research Frontiers VP, Aerospace Products Michael LaPoint retires

Research Frontiers (REFR) announced that Michael LaPointe, Vice President – Aerospace Products, has retired from the Company effective September 15, 2025. LaPointe has worked with Research Frontiers s...

8 months ago - TheFly

RESEARCH FRONTIERS ANNOUNCES RETIREMENT OF MICHAEL R. LAPOINTE, WHO LED EXPANSION OF SPD-SMART AEROSPACE PROGRAMS

WOODBURY, NY, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (Nasdaq: REFR), the developer and licensor of SPD-SmartGlass technology, today announced that Michael R. LaPointe, Vice Preside...

8 months ago - GlobeNewsWire