Research Frontiers (REFR) Research & Development (2010 - 2026)
Research Frontiers (REFR) posted Research & Development of $128,884 for Q2 2026, down 23.8% from $169,086 a year earlier and down 11.3% from the prior quarter.
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Analysis
Research Frontiers (REFR) Research & Development (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Research Frontiers was $551,003, down 11.6% year-over-year; for FY2025, it was $608,732, up 6.8% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of -0.6% (FY2020 to FY2025).
- In prior years, Research Frontiers' Research & Development was $570,007 in FY2024 (-2.3%), $583,266 in FY2023 (-4.2%), $609,127 in FY2022 (+5.0%) and $580,000 in FY2021 (-7.7%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q2 2024.
- On a year-over-year basis, Research & Development has declined in each of the last three quarters, with an average decline of 0.1% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2025, with growth of 31.2%; the weakest was Q2 2026, with a decline of 23.8%.
- According to Business Quant data, Research & Development for the three prior quarters was $145,350 (Q1 2026), $135,023 (Q4 2025) and $141,746 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Research Frontiers | 26.85 Mn | 22.65 Mn | - | 128,884.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128,884.00 |
| Mar 31, 2026 | 145,350.00 |
| Dec 31, 2025 | 135,023.00 |
| Sep 30, 2025 | 141,746.00 |
| Jun 30, 2025 | 169,086.00 |
| Mar 31, 2025 | 162,877.00 |
| Dec 31, 2024 | 160,190.00 |
| Sep 30, 2024 | 131,246.00 |
| Jun 30, 2024 | 128,830.00 |
| Mar 31, 2024 | 149,741.00 |
| Dec 31, 2023 | 153,116.00 |
| Sep 30, 2023 | 135,319.00 |
| Jun 30, 2023 | 145,610.00 |
| Mar 31, 2023 | 149,222.00 |
| Dec 31, 2022 | 164,714.00 |
| Sep 30, 2022 | 149,156.00 |
| Jun 30, 2022 | 146,432.00 |
| Mar 31, 2022 | 148,825.00 |
| Dec 31, 2021 | 159,797.00 |
| Sep 30, 2021 | 135,215.00 |
API Access
Research Frontiers Research & Development 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=research-and-development&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();