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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Sales

Research Frontiers (REFR) Gross Margin (2018 - 2026)

Research Frontiers' Gross Margin history spans 8 years, with the latest figure at 264.18% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 22486.0% to 264.18% in Q4 2025 year-over-year; TTM through Dec 2025 was 96.57%, a 912.0% increase, with the full-year FY2025 number at 93.84%, up 639.0% from a year prior.
  • Gross Margin hit 264.18% in Q4 2025 for Research Frontiers, up from 69.62% in the prior quarter.
  • Over the last five years, Gross Margin for REFR hit a ceiling of 264.18% in Q4 2025 and a floor of 697.84% in Q2 2022.
  • Historically, Gross Margin has averaged 104.88% across 5 years, with a median of 21.07% in 2021.
  • Biggest five-year swings in Gross Margin: soared 26636bps in 2021 and later plummeted -35630bps in 2022.
  • Tracing REFR's Gross Margin over 5 years: stood at 286.88% in 2021, then plummeted by -76bps to 504.51% in 2022, then surged by 73bps to 136.85% in 2023, then surged by 129bps to 39.32% in 2024, then soared by 572bps to 264.18% in 2025.
  • Business Quant data shows Gross Margin for REFR at 264.18% in Q4 2025, 69.62% in Q3 2025, and 72.46% in Q2 2025.