The earnings call presented a mix of positive developments, such as growth in royalties, successful product launches, and a strong financial position. However, challenges like the impact of licensee bankruptcy, slow automotive growth, and communication issues with partners were also highlighted.

Company Guidance

During the third quarter of 2025, Research Frontiers reported growth in automotive and total royalties year-over-year and sequentially, excluding onetime events from 2024. As of September 30, 2025, the company reported having $1.13 million in cash and $1.4 million in working capital, maintaining a debt-free status. Architectural developments were highlighted, with the debut of their retrofit system at GlassBuild 2025 in Orlando, and enthusiastic responses were received from various interested parties. The company also shared that automotive royalties were impacted by a licensee bankruptcy and subsequent transition, which temporarily affected reporting but expects full recordable royalties by the fourth quarter. Research Frontiers anticipates revenue growth across all market segments with the introduction of new car models and other products utilizing their SPD-SmartGlass technology. The company reiterated that they do not currently plan to raise additional capital, provided no further unforeseen bankruptcies occur, and emphasized their robust project pipeline, which spans aerospace, architectural, automotive, marine, and display products.

Positive Year-Over-Year Growth in Automotive and Total Royalties

Automotive and total royalties were up year-over-year and sequentially, with the company remaining debt-free and holding over $1.1 million in cash.

Successful Debut of Architectural Retrofit System

The architectural retrofit system was launched at GlassBuild 2025 in Orlando with an outstanding response, targeting government buildings, embassies, and commercial buildings, with potential high-end home projects.

Strong Financial Position

The company remained debt-free with a cash position of approximately $1.13 million and working capital of $1.4 million as of September 30, 2025.

Strong Performance in the Stock Market

Research Frontiers outperformed U.S. micro caps over the past six months, achieving roughly 68% growth compared to 38% for the general microcap market.

Broad Industry Recognition and Leadership

The company has been recognized in multiple markets such as aerospace, architectural, automotive, marine, and display products, with the CEO serving as a keynote speaker and Chairman at the Automotive Glazing Conference.

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
Mar 05, 2026	2025 (Q4)	- / -	-0.018	―	―	―
Nov 06, 2025	2025 (Q3)	- / -0.01	-0.005	-100.00% (>-0.01)	―
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)	―

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
Nov 06, 2025	$1.60	―	―
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%

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 Mar 05, 2026, After Close (Confirmed).

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

Research Frontiers Inc. (REFR) earnings time is at Mar 05, 2026, 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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