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Research Frontiers Incorporated

REFR Miscellaneous Multi-Sector Companies
$0.45
▼ -10.4% Today
as of Oct 22, 16:51 ET
Last 30 days +18.42% Sep 14 → Oct 22
$0.33 $0.45 $0.58 $0.70 $0.82 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$0.49
High
$0.57
Low
$0.44
Volume
$49,132
Avg Vol
$466,375
Mkt Cap
$24M
P/E (TTM)
—
Beta
—
52w High
$2.70
52w Low
$0.34
Div Yield
—
Shares Out
$35M

Recent Press Releases & News last 60 days · 1 item

Sep 18 · 18:25 PR GlobeNewswire
Research Frontiers Welcomes Gauzy’s Court-Approved Restructuring and the Restart of SPD-Smart Light Control Film Production

REFR earnings at a glance

Research Frontiers Incorporated (REFR) is scheduled to report earnings on Thursday, November 5, 2026 — in 13 days. The options market is pricing a move of about ±465.8% after the report, a range of roughly -$1.65 to $2.55 from today's $0.45. Over its last 1 reports the stock rose the next day 0 times and fell 1, moving ±5.7% on average; after the most recent report on May 7, 2026 it moved -5.7%. That means options currently expect more movement than REFR has typically delivered. Implied volatility is currently 35%. The share price of $0.45 sits near its 52-week low.

More Miscellaneous stocks · All stocks · Earnings calendar

Overview

52-week range
$0.34
$2.70
5% of range
Avg surprise (last 0)
—
Avg reaction (last 1)
-5.7%
0% positive
Latest IV / EM
3527%
EM ±465.8% · $3 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.52$-0.27$-0.02$0.24$0.49 Actual $-0.01Actual $-0.01Actual $-0.01Actual $-0.01Actual $-0.01Actual $-0.02Actual $-0.01Actual $-0.02Actual $-0.02 MarJunSepMarJunSepMarJun/2025Sep/2025Mar/2026Jun
Revenue vs Net Income Revenue Net income
$-803,826$-455,928$-108,031$239,867$587,765 Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $-0.02 — — — — financials
Thu May 7, 2026Mar/2026 $-0.02 — — — -5.7% earnings
Thu Nov 6, 2025Sep/2025 $-0.01 — — — — earnings
Thu Aug 7, 2025Jun/2025 $-0.02 — — — — earnings
Mon Mar 31, 2025Mar 2025 $-0.01 — — — — financials
Mon Sep 30, 2024Sep 2024 — — — — — financials
Sun Jun 30, 2024Jun 2024 — — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.01 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.01 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.01 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.01 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Thu Nov 5, 2026Sep/2026OTHER —-$0.01

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$86,346$136,319—$359,444$129,904$559,776—$354,408
Cost of revenue————————
Gross profit————————
Operating income$-669,754$-530,413—$-303,944$-815,104$-239,577—$-231,704
Net income$-660,168$-525,365—$-298,508$-803,826$-177,687—$-166,816
EPS (diluted)$-0.02$-0.02—$-0.01$-0.02$-0.01——

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$1M$1M$664,299$1M$1M$1M$2M$2M
Inventory————————
Total current assets$1M$2M$1M$2M$2M$3M$3M$3M
Total assets$2M$3M$2M$3M$3M$4M$4M$3M
Long-term debt————————
Total liabilities$1M$1M$1M$1M$1M$1M$1M$176,073
Total equity$1M$2M$933,626$1M$2M$2M$3M$3M

Implied volatility — last 90 days

2226%8597%14968%21339%27710% Jun 07 — IV 3473% · EM ±481.0%Jun 08 — IV 3603% · EM ±475.9%Jun 09 — IV 3766% · EM ±471.9%Jun 10 — IV 4116% · EM ±486.2%Jun 11 — IV 4225% · EM ±466.8%Jun 12 — IV 4819% · EM ±493.0%Jun 15 — IV 7976% · EM ±576.9%Jun 16 — IV 8710% · EM ±514.4%Jun 17 — IV 13635% · EM ±569.4%Jun 19 — IV 2790% · EM ±616.7%Jun 22 — IV 2944% · EM ±614.8%Jun 23 — IV 3005% · EM ±614.8%Jun 24 — IV 3010% · EM ±602.9%Jun 25 — IV 3458% · EM ±677.4%Jun 26 — IV 3845% · EM ±735.8%Jun 29 — IV 3997% · EM ±708.2%Jun 30 — IV 4356% · EM ±750.0%Jul 01 — IV 4300% · EM ±718.3%Jul 02 — IV 4373% · EM ±707.4%Jul 03 — IV 4617% · EM ±721.5%Jul 06 — IV 4844% · EM ±671.0%Jul 07 — IV 5532% · EM ±730.5%Jul 08 — IV 5918% · EM ±741.4%Jul 09 — IV 6186% · EM ±730.7%Jul 10 — IV 6490% · EM ±717.1%Jul 13 — IV 9015% · EM ±753.0%Jul 14 — IV 9732% · EM ±704.0%Jul 15 — IV 11978% · EM ±707.4%Jul 16 — IV 15892% · EM ±663.7%Jul 20 — IV 3424% · EM ±809.0%Jul 21 — IV 3431% · EM ±797.8%Jul 22 — IV 3245% · EM ±742.3%Jul 23 — IV 4058% · EM ±912.7%Jul 24 — IV 4363% · EM ±964.2%Jul 27 — IV 4405% · EM ±919.9%Jul 28 — IV 5111% · EM ±1045.7%Jul 29 — IV 6038% · EM ±1209.3%Jul 30 — IV 5560% · EM ±1089.2%Jul 31 — IV 6855% · EM ±1311.8%Aug 03 — IV 6059% · EM ±1073.5%Aug 04 — IV 5522% · EM ±950.9%Aug 05 — IV 4988% · EM ±833.3%Aug 06 — IV 5356% · EM ±866.3%Aug 07 — IV 5171% · EM ±808.0%Aug 10 — IV 6115% · EM ±846.9%Aug 11 — IV 5880% · EM ±776.6%Aug 12 — IV 6881% · EM ±862.1%Aug 13 — IV 7885% · EM ±931.5%Aug 14 — IV 8639% · EM ±954.5%Aug 17 — IV 11680% · EM ±975.6%Aug 18 — IV 13824% · EM ±1000.0%Aug 19 — IV 16195% · EM ±956.5%Aug 20 — IV 19683% · EM ±822.0%Aug 24 — IV 4358% · EM ±910.0%Aug 25 — IV 4175% · EM ±854.2%Aug 26 — IV 3953% · EM ±791.7%Aug 27 — IV 4201% · EM ±822.9%Aug 28 — IV 4694% · EM ±898.3%Aug 31 — IV 5075% · EM ±899.2%Sep 01 — IV 5166% · EM ±889.6%Sep 02 — IV 5639% · EM ±942.0%Sep 03 — IV 6182% · EM ±1000.0%Sep 04 — IV 6483% · EM ±1013.0%Sep 07 — IV 7312% · EM ±1012.8%Sep 08 — IV 8157% · EM ±1077.3%Sep 09 — IV 8647% · EM ±1083.4%Sep 10 — IV 9059% · EM ±1070.1%Sep 11 — IV 9888% · EM ±1092.5%Sep 14 — IV 13512% · EM ±1128.6%Sep 15 — IV 16503% · EM ±1193.8%Sep 16 — IV 18625% · EM ±1100.1%Sep 17 — IV 27711% · EM ±1157.3%Sep 21 — IV 2226% · EM ±464.8%Sep 22 — IV 2547% · EM ±521.1%Sep 23 — IV 2279% · EM ±456.4%Sep 24 — IV 2319% · EM ±454.2%Sep 25 — IV 2410% · EM ±461.2%Sep 28 — IV 2478% · EM ±439.1%Sep 29 — IV 3034% · EM ±522.4%Sep 30 — IV 2974% · EM ±496.8%Oct 01 — IV 3203% · EM ±518.1%Oct 02 — IV 3162% · EM ±494.1%Oct 06 — IV 3527% · EM ±465.8%

Sector peers

NTIP
Network-1 Technologies, Inc.
$36M $1.540.0%
RMCO
Royalty Management Holding Corporation
$39M $2.20-5.0%
VHC
VirnetX Holding Corp
$40M $10.23+3.1%
AMOD
Alpha Modus Holdings, Inc.
$6M $0.99-23.5%
XELB
Xcel Brands, Inc
$5M $0.38-10.7%
JYNT
The Joint Corp.
$102M $7.37+2.5%

REFR earnings FAQ

When is REFR's next earnings date?

Research Frontiers Incorporated is expected to report on November 5, 2026.

What is REFR's expected move for earnings?

Options currently price a move of about ±465.8%, or $2.10 per share either way from $0.45.

How does REFR stock usually react to earnings?

Across the last 1 reports the average next-day move was ±5.7%, up 0 times and down 1 times.

What is REFR's implied volatility?

REFR's at-the-money implied volatility is about 35% based on the latest options snapshot.

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