Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityCurrent AssetsCurrent Deferred RevenueCurrent LeasesLiabilities and Shareholders EquityNon-Current AssetsOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsPayablesPrepaid AssetsProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)ReceivablesReceivables - NetReceivables - OtherRetained EarningsShareholder's EquityShares OutstandingTotal Current LiabilitiesTotal Liabilities
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating Investment IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxRent ExpenseResearch & DevelopmentRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Wages, Salaries and Other
Others
Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueDepreciation & Amortization (IS)EBIATGross ProfitLeasesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetReceivables - OtherRent ExpenseShares IssuedShares OutstandingShares OutstandingWages, Salaries and Other
Ratios

Research Frontiers (REFR) Shares Outstanding (2016 - 2026)

Research Frontiers' Shares Outstanding history spans 11 years, with the latest figure at $33.6 million for Q4 2025.

  • On a quarterly basis, Shares Outstanding changed 0.0% to $33.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $33.6 million, a 0.0% change, with the full-year FY2025 number at $33.6 million, changed 0.0% from a year prior.
  • Shares Outstanding hit $33.6 million in Q4 2025 for Research Frontiers, roughly flat from $33.6 million in the prior quarter.
  • Over the last five years, Shares Outstanding for REFR hit a ceiling of $33.6 million in Q4 2024 and a floor of $1.5 million in Q3 2022.
  • Historically, Shares Outstanding has averaged $29.8 million across 5 years, with a median of $33.5 million in 2023.
  • Biggest five-year swings in Shares Outstanding: tumbled 95.26% in 2022 and later surged 2133.95% in 2023.
  • Tracing REFR's Shares Outstanding over 5 years: stood at $31.7 million in 2021, then tumbled by 95.26% to $1.5 million in 2022, then surged by 2133.95% to $33.5 million in 2023, then grew by 0.41% to $33.6 million in 2024, then changed by 0.0% to $33.6 million in 2025.
  • Business Quant data shows Shares Outstanding for REFR at $33.6 million in Q4 2025, $33.6 million in Q3 2025, and $33.6 million in Q2 2025.