Growth Metrics

Research Frontiers (REFR) Shares Outstanding (Diluted Average) (2022 - 2026)

Research Frontiers' Shares Outstanding (Diluted Average) history spans 4 years, with the latest figure at $33.6 million for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) changed 0.38% to $33.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $33.6 million, a 0.38% change, with the full-year FY2025 number at $33.6 million, changed 0.38% from a year prior.
  • Shares Outstanding (Diluted Average) 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 (Diluted Average) for REFR hit a ceiling of $33.6 million in Q1 2025 and a floor of $31.7 million in Q2 2022.
  • Historically, Shares Outstanding (Diluted Average) has averaged $33.2 million across 4 years, with a median of $33.5 million in 2024.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): grew 5.87% in 2023 and later increased 0.03% in 2024.
  • Tracing REFR's Shares Outstanding (Diluted Average) over 4 years: stood at $32.1 million in 2022, then increased by 4.31% to $33.5 million in 2023, then rose by 0.2% to $33.5 million in 2024, then increased by 0.38% to $33.6 million in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for REFR at $33.6 million in Q4 2025, $33.6 million in Q3 2025, and $33.6 million in Q2 2025.