Research Frontiers (REFR) Market Capitalization (2010 - 2026)
Research Frontiers (REFR) recorded Market Capitalization of $18.13 million in Q2 2026, down 67.1% from $55.18 million a year earlier and down 43.5% from the prior quarter.
Powered by 
Analysis
Research Frontiers (REFR) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025, Research Frontiers reported Market Capitalization of $44.08 million, down 23.4% from FY2024.
- Annual Market Capitalization has a five-year compound annual growth rate of -13.1% (FY2020 to FY2025).
- Across earlier years, Market Capitalization came in at $57.54 million in FY2024 (+70.0%), $33.84 million in FY2023 (-46.5%), $63.32 million in FY2022 (+16.3%) and $54.44 million in FY2021 (-38.6%).
- The Q2 2026 figure is the lowest quarterly Market Capitalization in data going back to Q2 2010.
- On a year-over-year basis, Market Capitalization has declined for six consecutive quarters, with growth averaging 2.0% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 102.8% in Q3 2024, against a decline of 67.1% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $32.08 million (Q1 2026), $44.08 million (Q4 2025) and $53.5 million (Q3 2025).
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 | 25.45 Mn |
| Jun 30, 2026 | 18.13 Mn |
| Mar 31, 2026 | 32.08 Mn |
| Dec 31, 2025 | 44.08 Mn |
| Sep 30, 2025 | 53.50 Mn |
| Jun 30, 2025 | 55.18 Mn |
| Mar 31, 2025 | 38.02 Mn |
| Dec 31, 2024 | 57.54 Mn |
| Sep 30, 2024 | 73.40 Mn |
| Jun 30, 2024 | 61.67 Mn |
| Mar 31, 2024 | 43.57 Mn |
| Dec 31, 2023 | 33.84 Mn |
| Sep 30, 2023 | 36.19 Mn |
| Jun 30, 2023 | 53.61 Mn |
| Mar 31, 2023 | 57.30 Mn |
| Dec 31, 2022 | 63.32 Mn |
| Sep 30, 2022 | 70.61 Mn |
| Jun 30, 2022 | 55.07 Mn |
| Mar 31, 2022 | 60.77 Mn |
| Dec 31, 2021 | 54.44 Mn |
API Access
Research Frontiers Market Capitalization 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=market-capitalization&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();