The earnings call highlighted significant achievements in the automotive sector and potential growth in the architectural market, despite challenges from a licensee bankruptcy and accounting charges. The company's successful transition to a new supplier for Ferrari and strong Q1 revenue growth were positive indicators. However, concerns remain regarding the impact of accounting charges and the underperformance of small caps.

Company Guidance

During the second quarter of 2025, Research Frontiers experienced a challenging accounting period, largely due to onetime and noncash charges from the bankruptcy of a European licensee supplying Ferrari and the transition to a new supplier. Despite these setbacks, operational performance improved with increased economic activity and higher sales of SPD SmartGlass, particularly in the automotive sector. Sales to Cadillac multiplied significantly compared to previous quarters, although royalty income was affected by the temporary supplier disruption. The company anticipates additional royalty income in the third and fourth quarters of 2025 as new automotive projects commence and the replacement supplier for Ferrari begins contributing financially. Overall, the company reported a 79% revenue growth in Q1 2025 compared to the previous year and a 214% increase from Q4 2024, driven by demand in automotive and aircraft markets. Research Frontiers remains debt-free with approximately $1.3 million in cash and cash equivalents as of June 30, 2025.

Strong Automotive Sector Performance

Sales of SPD SmartGlass sunroofs to Cadillac in Q2 2025 were substantial multiples higher than Q4 2024 and Q1 2025 combined. Continued sales of SPD SmartGlass roofs for Mercedes and McLaren also occurred in the first half of 2025.

High Revenue Growth in Q1

Revenue growth of 79% from Q1 2025 over the prior year and 214% from the prior quarter, driven by increased demand for SPD SmartGlass in the automotive sector.

New Supplier for Ferrari

Transition to a new supplier for Ferrari was successful, with additional production for Ferrari already started by this licensee.

Expansion into Architectural Market

Progress in the architectural window project with LTI Smart Glass and AIT, with samples submitted for energy efficiency testing.

Research Frontiers (REFR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

REFR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	- / -	-0.005	―	―	―
Aug 07, 2025	2025 (Q2)	- / -0.02	-0.003	-700.00% (-0.02)	―
May 08, 2025	2025 (Q1)	- / >-0.01	-0.013	61.54% (<+0.01)	―
Mar 06, 2025	2024 (Q4)	- / -0.02	-0.014	-28.57% (>-0.01)	―
Nov 07, 2024	2024 (Q3)	- / >-0.01	-0.014	64.29% (<+0.01)	―
Aug 01, 2024	2024 (Q2)	- / >-0.01	-0.015	80.00% (+0.01)	―
May 09, 2024	2024 (Q1)	- / -0.01	-0.014	7.14% (<+0.01)	―
Mar 07, 2024	2023 (Q4)	- / -0.01	-0.025	44.00% (+0.01)	―
Nov 02, 2023	2023 (Q3)	- / -0.01	-0.015	6.67% (<+0.01)	―
Aug 03, 2023	2023 (Q2)	- / -0.01	-0.023	34.78% (<+0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REFR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$1.57	$1.53	-2.55%
May 08, 2025	$1.19	$1.59	+33.61%
Mar 06, 2025	$1.33	$1.34	+0.75%
Nov 07, 2024	$2.09	$2.29	+9.57%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Research Frontiers Inc. (REFR) report earnings?

Research Frontiers Inc. (REFR) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Research Frontiers Inc. (REFR) earnings time?

Research Frontiers Inc. (REFR) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REFR EPS forecast?

Currently, no data Available

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