REFR Q4 2025 Earnings — Research Frontiers Incorporated Revenue & Financial Results | Market Cap Arena

REFRResearch Frontiers Incorporated

$32M

Q4 2025 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$72,123-59.5% YoY

Gross Profit

$25,33535.1% margin

Operating Income

-$773,543-1072.5% margin

Net Income

-$765,563-1061.5% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-79.9%

Cash Flow

Operating Cash Flow

-$465,947

Free Cash Flow

-$466,091

Stock-Based Comp.

$199,671

Balance Sheet

Total Assets

$2M

Total Liabilities

$1M

Stockholders' Equity

$933,626

Cash & Equivalents

$664,299

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72,123	$178,151	-59.5%
Gross Profit	$25,335	$178,151	-85.8%
Operating Income	-$773,543	-$624,284	-23.9%
Net Income	-$765,563	-$607,940	-25.9%