Technology
Research Frontiers Incorporated(REFR)
Live Price
Offline$0.60
-6.25% today
1Y Change
-60.16%
Window
Jun 23, 2025 โ Jun 16, 2026
- Market Cap
- $30.00M
- Revenue Growth
- -16.0%
- EPS Growth
- -55.5%
- Dividend Yield
- 0.0%
Coverage: 247 bars ยท Jun 23, 2025 โ Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Research Frontiers Incorporated (REFR) is a Technology stock with a market cap of $30.00M and listed on NASDAQ. The stock last traded around $0.60 and down 60.2% across the available one-year price window (Jun 23, 2025 โ Jun 16, 2026). Baseline metrics include revenue growth of -16.0%, EPS growth of -55.5%, a dividend yield of 0.0%. What stands out right now is revenue -16.0%, EPS -55.5%, free cash flow -68.2% with operating margin -190.2% and ROIC -101.5%. Valuation already assumes a fairly strong business story at price/sales 27.2. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines REFR price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-16.0% vs +11.9% peer median
Operating Margin
Below sector median
-190.2% vs +22.0% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 7, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -16.0% and EPS is at -55.5%, with operating margin around -190.2%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +5.8% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 7, 2026 | โ | -9.6% | -2.4% | -10.8% |
2026 Mar 5, 2026 | โ | -1.0% | +3.0% | -6.1% |
2025 Nov 6, 2025 | โ | -1.3% | +16.9% | +1.3% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
REFR
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
REFR Max Drawdown
-72.46%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for REFR and SPY.
Company Overview
Research Frontiers Incorporated
NASDAQ Capital Market
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company 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-products, such as windows, skylights, and sunroofs. Its SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. The company serves architectural, automotive, marine, and aerospace and appliance applications. Research Frontiers Incorporated was incorporated in 1965 and is headquartered in Woodbury, New York.
- Leadership
- Joseph Harary
- IPO Date
- Jul 8, 1986
- Employees
- 6
- Street Address
- 240 Crossways Park Drive
- Mailing
- Woodbury, NY, 11797-2033
- Region
- Woodbury, NY, US
- Reporting Currency
- USD
- Investor Line
- 516 364 1902
- Last Updated
- May 4, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- โ
- EV/EBITDA
- โ
- Price/Sales
- 27.2
- Price/Book
- 31.6
Growth
- Revenue
- -16.0%
- EPS
- -55.5%
- Free Cash Flow
- -68.2%
Profitability
- Gross Margin
- 95.8%
- Operating Margin
- -190.2%
- Net Margin
- -182.4%
- ROE
- -122.9%
- ROIC
- -101.5%
Balance Sheet
- Debt/Equity
- 1.25
- Current Ratio
- 3.84
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.