Research Frontiers (REFR) Operating Leases (2019 - 2026)
Research Frontiers (REFR) posted Operating Leases of $941,585 for Q2 2026, down 14.0% from $1.09 million a year earlier and down 4.0% from the prior quarter.
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Analysis
Research Frontiers (REFR) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Research Frontiers' Operating Leases came in at $1.02 million, down 12.5% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In prior years, Research Frontiers' Operating Leases was $1.17 million in FY2024, $55,363 in FY2023 (-79.3%), $267,723 in FY2022 (-42.3%) and $464,128 in FY2021 (-28.2%).
- The Q2 2026 figure stands as the lowest quarterly Operating Leases since Q4 2023.
- On a year-over-year basis, Operating Leases has declined in each of the last three quarters.
- Over the past five years, the year-over-year decline in Operating Leases ranged from 12.5% (Q4 2025) to 79.3% (Q4 2023).
- According to Business Quant data, Operating Leases for the three prior quarters was $981,259 (Q1 2026), $1.02 million (Q4 2025) and $1.06 million (Q3 2025).
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 | 941,585.00 |
| Mar 31, 2026 | 981,259.00 |
| Dec 31, 2025 | 1.02 Mn |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 1.09 Mn |
| Mar 31, 2025 | 1.13 Mn |
| Dec 31, 2024 | 1.17 Mn |
| Dec 31, 2023 | 55,363.00 |
| Sep 30, 2023 | 109,967.00 |
| Jun 30, 2023 | 163,825.00 |
| Mar 31, 2023 | 216,943.00 |
| Dec 31, 2022 | 267,723.00 |
| Sep 30, 2022 | 317,805.00 |
| Jun 30, 2022 | 367,202.00 |
| Mar 31, 2022 | 416,615.00 |
| Dec 31, 2021 | 464,128.00 |
| Sep 30, 2021 | 510,987.00 |
| Jun 30, 2021 | 557,204.00 |
| Mar 31, 2021 | 602,784.00 |
| Dec 31, 2020 | 646,219.00 |
API Access
Research Frontiers Operating Leases 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=operating-leases&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();