Growth Metrics

Research Frontiers (REFR) Operating Expenses (2016 - 2026)

Research Frontiers' Operating Expenses history spans 10 years, with the latest figure at $1.3 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 467.65% to $1.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $3.3 million, a 68.67% increase, with the full-year FY2025 number at $3.3 million, up 47.39% from a year prior.
  • Operating Expenses hit $1.3 million in Q4 2025 for Research Frontiers, up from $521642.0 in the prior quarter.
  • Over the last five years, Operating Expenses for REFR hit a ceiling of $1.3 million in Q4 2025 and a floor of $232428.0 in Q4 2024.
  • Historically, Operating Expenses has averaged $668922.6 across 5 years, with a median of $639682.0 in 2021.
  • Biggest five-year swings in Operating Expenses: crashed 75.33% in 2023 and later surged 467.65% in 2025.
  • Tracing REFR's Operating Expenses over 5 years: stood at $981948.0 in 2021, then dropped by 3.25% to $949989.0 in 2022, then crashed by 75.33% to $234355.0 in 2023, then dropped by 0.82% to $232428.0 in 2024, then surged by 467.65% to $1.3 million in 2025.
  • Business Quant data shows Operating Expenses for REFR at $1.3 million in Q4 2025, $521642.0 in Q3 2025, and $775922.0 in Q2 2025.