Research Frontiers (REFR) Shares Outstanding (2010 - 2026)
Research Frontiers (REFR) posted Shares Outstanding of 34.87 million for Q2 2026, up 3.6% from 33.65 million a year earlier and up 2.1% from the prior quarter.
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Analysis
Research Frontiers (REFR) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Research Frontiers' Shares Outstanding came in at 33.65 million, up 0.4% from FY2024.
- Annual Shares Outstanding has increased for eight consecutive years, with a five-year compound annual growth rate of 1.3% (FY2020 to FY2025).
- In prior years, Research Frontiers' Shares Outstanding was 33.52 million in FY2024 (+0.2%), 33.45 million in FY2023 (+4.3%), 32.07 million in FY2022 (+1.3%) and 31.65 million in FY2021 (+0.5%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has increased in each of the last seven quarters, with growth averaging 0.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 0.0% in Q2 2022 to 5.9% in Q2 2023.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 34.16 million (Q1 2026), 33.65 million (Q4 2025) and 33.65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 14.66 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 3.95 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 645.00 Mn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.26 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 147.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 219.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 345.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 5.98 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Research Frontiers | 25.45 Mn | 21.26 Mn | - | 34.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.87 Mn |
| Mar 31, 2026 | 34.16 Mn |
| Dec 31, 2025 | 33.65 Mn |
| Sep 30, 2025 | 33.65 Mn |
| Jun 30, 2025 | 33.65 Mn |
| Mar 31, 2025 | 33.65 Mn |
| Dec 31, 2024 | 33.52 Mn |
| Sep 30, 2024 | 33.52 Mn |
| Jun 30, 2024 | 33.52 Mn |
| Mar 31, 2024 | 33.51 Mn |
| Dec 31, 2023 | 33.45 Mn |
| Sep 30, 2023 | 33.51 Mn |
| Jun 30, 2023 | 33.51 Mn |
| Mar 31, 2023 | 33.29 Mn |
| Dec 31, 2022 | 32.07 Mn |
| Sep 30, 2022 | 31.83 Mn |
| Jun 30, 2022 | 31.65 Mn |
| Mar 31, 2022 | 31.65 Mn |
| Dec 31, 2021 | 31.65 Mn |
| Sep 30, 2021 | 31.65 Mn |
API Access
Research Frontiers Shares Outstanding 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=shares-outstanding&ticker=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();