Research Frontiers (REFR) Enterprise Value (2010 - 2026)
Research Frontiers' Enterprise Value came in at $17.03 million for Q2 2026, down 68.4% from $53.88 million a year earlier and down 44.7% from the prior quarter.
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Analysis
Research Frontiers (REFR) Enterprise Value (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Research Frontiers reported Enterprise Value of $13.94 million, down 71.5% year-over-year; for FY2025, it was $43.41 million, down 21.8% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -12.4% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $55.54 million in FY2024 (+77.1%), $31.37 million in FY2023 (-46.9%), $59.09 million in FY2022 (+14.9%) and $51.41 million in FY2021 (-38.8%).
- The Q2 2026 figure represents the lowest quarterly Enterprise Value in data going back to Q2 2010.
- Year-over-year, Enterprise Value has declined for six consecutive quarters, with growth averaging 4.8% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2024 (growth of 116.4%), and the weakest in Q2 2026 (a decline of 68.4%).
- Business Quant data shows REFR's Enterprise Value at $30.78 million (Q1 2026), $43.41 million (Q4 2025) and $52.37 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn |
| 10 | Research Frontiers | 26.85 Mn | 22.65 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.03 Mn |
| Mar 31, 2026 | 30.78 Mn |
| Dec 31, 2025 | 43.41 Mn |
| Sep 30, 2025 | 52.37 Mn |
| Jun 30, 2025 | 53.88 Mn |
| Mar 31, 2025 | 36.62 Mn |
| Dec 31, 2024 | 55.54 Mn |
| Sep 30, 2024 | 71.76 Mn |
| Jun 30, 2024 | 59.77 Mn |
| Mar 31, 2024 | 41.47 Mn |
| Dec 31, 2023 | 31.37 Mn |
| Sep 30, 2023 | 33.17 Mn |
| Jun 30, 2023 | 50.10 Mn |
| Mar 31, 2023 | 53.16 Mn |
| Dec 31, 2022 | 59.09 Mn |
| Sep 30, 2022 | 65.81 Mn |
| Jun 30, 2022 | 53.17 Mn |
| Mar 31, 2022 | 58.27 Mn |
| Dec 31, 2021 | 51.41 Mn |
| Sep 30, 2021 | 78.04 Mn |
API Access
Research Frontiers Enterprise Value 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=enterprise-value&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();