Research Frontiers (REFR) Payables (2010 - 2026)
Research Frontiers (REFR) recorded Payables of $135,206 in Q2 2026, up 455.1% from $24,358 a year earlier and up 33.7% from the prior quarter.
Powered by 
Analysis
Research Frontiers (REFR) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Research Frontiers reported Payables of $132,666, up 54.6% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 31.8% (FY2020 to FY2025).
- Across earlier years, Payables came in at $85,825 in FY2024 (+68.7%), $50,880 in FY2023 (-28.4%), $71,079 in FY2022 (+7.0%) and $66,460 in FY2021 (+98.9%).
- The Q2 2026 figure is the highest quarterly Payables since Q1 2024.
- On a year-over-year basis, Payables has increased for three consecutive quarters, with growth averaging 134.7% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 660.0% in Q1 2026, against a decline of 92.2% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $101,112 (Q1 2026), $132,666 (Q4 2025) and $29,137 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 66.52 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 3.37 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 49.72 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 692.70 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 976.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 1.75 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.77 Bn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.29 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 13.73 Bn |
| 10 | Research Frontiers | 26.85 Mn | 22.65 Mn | - | 135,206.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 135,206.00 |
| Mar 31, 2026 | 101,112.00 |
| Dec 31, 2025 | 132,666.00 |
| Sep 30, 2025 | 29,137.00 |
| Jun 30, 2025 | 24,358.00 |
| Mar 31, 2025 | 13,304.00 |
| Dec 31, 2024 | 85,825.00 |
| Sep 30, 2024 | 34,306.00 |
| Jun 30, 2024 | 60,968.00 |
| Mar 31, 2024 | 171,239.00 |
| Dec 31, 2023 | 50,880.00 |
| Sep 30, 2023 | 32,101.00 |
| Jun 30, 2023 | 45,787.00 |
| Mar 31, 2023 | 25,440.00 |
| Dec 31, 2022 | 71,079.00 |
| Sep 30, 2022 | 38,010.00 |
| Jun 30, 2022 | 31,698.00 |
| Mar 31, 2022 | 16,023.00 |
| Dec 31, 2021 | 66,460.00 |
| Sep 30, 2021 | 33,566.00 |
API Access
Research Frontiers Payables 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=payables&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();