Research Frontiers (REFR) EBT Margin (2016 - 2026)
Research Frontiers' EBT Margin came in at -775.66% for Q2 2026, down 148.20 percentage points from -627.47% a year earlier and down 386.57 percentage points from the prior quarter.
Research Frontiers (REFR) EBT Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Research Frontiers reported EBT Margin of -348.14%, down 191.82 percentage points year-over-year; for FY2025, it came in at -190.16%, down 82.20 percentage points from FY2024.
- EBT Margin carries a five-year change of +116.79 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was -107.96% in FY2024 (+115.58 pp), -223.54% in FY2023 (+262.88 pp), -486.42% in FY2022 (-340.83 pp) and -145.59% in FY2021 (+161.36 pp).
- The five-year range for quarterly EBT Margin is -1072.53% (Q4 2025) to 2.99% (Q3 2021).
- Year-over-year, EBT Margin has declined for five consecutive quarters, with an average year-over-year change of -209.17 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q2 2023 (a gain of 585.22 percentage points), and the weakest in Q4 2025 (a drop of 722.11 percentage points).
- Business Quant data shows REFR's EBT Margin at -389.10% (Q1 2026), -1072.53% (Q4 2025) and -84.56% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 33.15% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 28.59% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 10.92% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 49.55% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 87.55% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 41.47% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 86.66% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 16.83% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | -741.16% |
| 10 | Research Frontiers | 25.45 Mn | 21.26 Mn | - | -775.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -775.66% |
| Mar 31, 2026 | -389.10% |
| Dec 31, 2025 | -1,072.53% |
| Sep 30, 2025 | -84.56% |
| Jun 30, 2025 | -627.47% |
| Mar 31, 2025 | -42.80% |
| Dec 31, 2024 | -350.42% |
| Sep 30, 2024 | -65.38% |
| Jun 30, 2024 | -23.72% |
| Mar 31, 2024 | -149.90% |
| Dec 31, 2023 | -161.86% |
| Sep 30, 2023 | -313.02% |
| Jun 30, 2023 | -283.87% |
| Mar 31, 2023 | -196.98% |
| Dec 31, 2022 | -631.31% |
| Sep 30, 2022 | -323.17% |
| Jun 30, 2022 | -869.08% |
| Mar 31, 2022 | -331.19% |
| Dec 31, 2021 | -362.08% |
| Sep 30, 2021 | 2.99% |
Research Frontiers EBT Margin 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=ebt-margin&ticker=REFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();