Research Frontiers (REFR) Accumulated Expenses (2011 - 2026)
Research Frontiers' Accumulated Expenses came in at $53,651 for Q2 2026, up 15.4% from $46,497 a year earlier but down 18.1% from the prior quarter.
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Analysis
Research Frontiers (REFR) Accumulated Expenses (2011 - 2026) Analysis & Trends
At the end of FY2025, Research Frontiers' Accumulated Expenses was $19,168, down 64.1% from FY2024.
- Accumulated Expenses carries a five-year compound annual growth rate of -6.1% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $53,327 in FY2024 (+275.8%), $14,192 in FY2023 (-58.7%), $34,379 in FY2022 (-30.4%) and $49,385 in FY2021 (+87.9%).
- The five-year range for quarterly Accumulated Expenses is $14,192 (Q4 2023) to $74,777 (Q1 2022).
- Year-over-year, Accumulated Expenses increased in seven of the last eight quarters, with growth averaging 42.1%.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2024 (growth of 275.8%), and the weakest in Q4 2025 (a decline of 64.1%).
- Business Quant data shows REFR's Accumulated Expenses at $65,524 (Q1 2026), $19,168 (Q4 2025) and $35,721 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,150.22 Bn | 4,895.69 Bn | 54.82 Bn |
| 2 | Cisco Systems | 390.67 Bn | 326.60 Bn | 11.06 Bn |
| 3 | Arista Networks | 234.99 Bn | 184.19 Bn | 2.33 Bn |
| 4 | Dell Technologies | 223.66 Bn | 179.42 Bn | 9.83 Bn |
| 5 | Sony | 161.53 Bn | 96.07 Bn | 7.96 Bn |
| 6 | Sandisk | 129.94 Bn | 114.77 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 115.51 Bn | 110.35 Bn | 2.43 Bn |
| 8 | Western Digital | 105.83 Bn | 95.66 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.65 Bn | 41.53 Bn | 4.93 Bn |
| 10 | Research Frontiers | 14.34 Mn | 10.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 104,166.00 |
| Jun 30, 2026 | 53,651.00 |
| Mar 31, 2026 | 65,524.00 |
| Dec 31, 2025 | 19,168.00 |
| Sep 30, 2025 | 35,721.00 |
| Jun 30, 2025 | 46,497.00 |
| Mar 31, 2025 | 63,593.00 |
| Dec 31, 2024 | 53,327.00 |
| Sep 30, 2024 | 31,799.00 |
| Jun 30, 2024 | 40,212.00 |
| Mar 31, 2024 | 51,270.00 |
| Dec 31, 2023 | 14,192.00 |
| Sep 30, 2023 | 20,572.00 |
| Jun 30, 2023 | 23,930.00 |
| Mar 31, 2023 | 46,730.00 |
| Dec 31, 2022 | 34,379.00 |
| Sep 30, 2022 | 32,946.00 |
| Jun 30, 2022 | 62,084.00 |
| Mar 31, 2022 | 74,777.00 |
| Dec 31, 2021 | 49,385.00 |
API Access
Research Frontiers Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "REFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();