Growth Metrics

Research Frontiers (REFR) Shares Outstanding (Diluted Average) (2022 - 2025)

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

  • For Q4 2025, Shares Outstanding (Diluted Average) changed N/A year-over-year to $33.6 million; the TTM value through Dec 2025 reached $33.6 million, changed N/A, while the annual FY2025 figure was $33.6 million, N/A changed from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $33.6 million at Research Frontiers, roughly flat from $33.6 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $33.6 million in Q1 2025 and bottomed at $31.7 million in Q2 2022.
  • The 4-year median for Shares Outstanding (Diluted Average) is $33.5 million (2023), against an average of $33.2 million.
  • The largest annual shift saw Shares Outstanding (Diluted Average) increased 5.52% in 2023 before it increased 0.24% in 2024.
  • A 4-year view of Shares Outstanding (Diluted Average) shows it stood at $32.1 million in 2022, then increased by 4.31% to $33.5 million in 2023, then increased by 0.18% to $33.5 million in 2024, then rose by 0.4% to $33.6 million in 2025.
  • Per Business Quant, the three most recent readings for REFR's Shares Outstanding (Diluted Average) are $33.6 million (Q4 2025), $33.6 million (Q3 2025), and $33.6 million (Q2 2025).