Research Frontiers Shareholders’ Equity Growth & History (REFR)
Research Frontiers's shareholders’ equity was $933,626 for fiscal 2025.
View full Research Frontiers company overviewResearch Frontiers annual shareholders’ equity history
| Fiscal year | Period ended | Shareholders’ equity | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $933,626 | −$1.7M | −64.15% |
| 2024 | 2024-12-31 | $2.6M | −$913,396 | −25.97% |
| 2023 | 2023-12-31 | $3.5M | −$1.3M | −26.67% |
| 2022 | 2022-12-31 | $4.8M | $1.0M | +26.77% |
| 2021 | 2021-12-31 | $3.8M | −$1.5M | −28.97% |
| 2020 | 2020-12-31 | $5.3M | −$1.7M | −24.51% |
| 2019 | 2019-12-31 | $7.1M | $4.0M | +127.65% |
| 2018 | 2018-12-31 | $3.1M | $532,124 | +20.73% |
| 2017 | 2017-12-31 | $2.6M | −$2.3M | −47.66% |
| 2016 | 2016-12-31 | $4.9M | −$4.2M | −45.96% |
| 2015 | 2015-12-31 | $9.1M | −$3.0M | −24.88% |
| 2014 | 2014-12-31 | $12.1M | $212,233 | +1.79% |
| 2013 | 2013-12-31 | $11.9M | −$2.3M | −16.25% |
| 2012 | 2012-12-31 | $14.2M | $10.1M | +245.07% |
| 2011 | 2011-12-31 | $4.1M | −$3.4M | −45.04% |
| 2010 | 2010-12-31 | $7.5M | $3.3M | +79.40% |
| 2009 | 2009-12-31 | $4.2M | — | — |
Research Frontiers quarterly shareholders’ equity
| Fiscal quarter | Period ended | Shareholders’ equity | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.1M | −$674,933 | −37.54% |
| Q1 2026 | 2026-03-31 | $1.8M | −$643,387 | −26.51% |
| Q4 2025 | 2025-12-31 | $933,626 | −$1.7M | −64.15% |
| Q3 2025 | 2025-09-30 | $1.5M | −$1.3M | −46.88% |
| Q2 2025 | 2025-06-30 | $1.8M | −$1.2M | −39.86% |
| Q1 2025 | 2025-03-31 | $2.4M | −$657,149 | −21.31% |
| Q4 2024 | 2024-12-31 | $2.6M | −$913,396 | −25.97% |
| Q3 2024 | 2024-09-30 | $2.8M | −$1.0M | −26.73% |
| Q2 2024 | 2024-06-30 | $3.0M | −$1.3M | −30.87% |
| Q1 2024 | 2024-03-31 | $3.1M | −$1.7M | −36.00% |
| Q4 2023 | 2023-12-31 | $3.5M | −$1.3M | −26.67% |
| Q3 2023 | 2023-09-30 | $3.9M | −$1.5M | −28.38% |
| Q2 2023 | 2023-06-30 | $4.3M | $1.9M | +79.19% |
| Q1 2023 | 2023-03-31 | $4.8M | $1.7M | +52.71% |
| Q4 2022 | 2022-12-31 | $4.8M | $1.0M | +26.77% |
| Q3 2022 | 2022-09-30 | $5.4M | $1.0M | +23.69% |
| Q2 2022 | 2022-06-30 | $2.4M | −$1.9M | −44.23% |
| Q1 2022 | 2022-03-31 | $3.2M | −$1.7M | −35.02% |
| Q4 2021 | 2021-12-31 | $3.8M | −$1.5M | −28.97% |
| Q3 2021 | 2021-09-30 | $4.3M | −$1.5M | −26.06% |
| Q2 2021 | 2021-06-30 | $4.3M | −$2.0M | −31.48% |
| Q1 2021 | 2021-03-31 | $4.9M | −$1.6M | −24.50% |
| Q4 2020 | 2020-12-31 | $5.3M | −$1.7M | −24.51% |
| Q3 2020 | 2020-09-30 | $5.9M | −$1.9M | −24.85% |
| Q2 2020 | 2020-06-30 | $6.3M | −$1.8M | −22.60% |
| Q1 2020 | 2020-03-31 | $6.4M | $3.0M | +89.31% |
| Q4 2019 | 2019-12-31 | $7.1M | $4.0M | +127.65% |
| Q3 2019 | 2019-09-30 | $7.8M | $4.1M | +109.83% |
| Q2 2019 | 2019-06-30 | $8.2M | $5.6M | +216.18% |
| Q1 2019 | 2019-03-31 | $3.4M | $315,755 | +10.25% |
| Q4 2018 | 2018-12-31 | $3.1M | $532,124 | +20.73% |
| Q3 2018 | 2018-09-30 | $3.7M | $571,056 | +18.07% |
| Q2 2018 | 2018-06-30 | $2.6M | −$881,522 | −25.46% |
| Q1 2018 | 2018-03-31 | $3.1M | −$870,751 | −22.03% |
| Q4 2017 | 2017-12-31 | $2.6M | −$2.3M | −47.66% |
| Q3 2017 | 2017-09-30 | $3.2M | −$3.1M | −49.23% |
| Q2 2017 | 2017-06-30 | $3.5M | −$3.3M | −48.95% |
| Q1 2017 | 2017-03-31 | $4.0M | −$3.9M | −49.96% |
| Q4 2016 | 2016-12-31 | $4.9M | −$4.2M | −45.96% |
| Q3 2016 | 2016-09-30 | $6.2M | −$4.1M | −39.80% |
| Q2 2016 | 2016-06-30 | $6.8M | −$4.2M | −38.35% |
| Q1 2016 | 2016-03-31 | $7.9M | −$3.3M | −29.34% |
| Q4 2015 | 2015-12-31 | $9.1M | −$3.0M | −24.88% |
| Q3 2015 | 2015-09-30 | $10.3M | −$2.6M | −20.05% |
| Q2 2015 | 2015-06-30 | $11.0M | −$2.5M | −18.33% |
| Q1 2015 | 2015-03-31 | $11.2M | $324,133 | +2.99% |
| Q4 2014 | 2014-12-31 | $12.1M | $212,233 | +1.79% |
| Q3 2014 | 2014-09-30 | $12.9M | $884,510 | +7.34% |
| Q2 2014 | 2014-06-30 | $13.5M | $748,755 | +5.89% |
| Q1 2014 | 2014-03-31 | $10.9M | −$2.4M | −18.36% |
| Q4 2013 | 2013-12-31 | $11.9M | −$2.3M | −16.25% |
| Q3 2013 | 2013-09-30 | $12.0M | $2.6M | +27.99% |
| Q2 2013 | 2013-06-30 | $12.7M | $9.6M | +310.89% |
| Q1 2013 | 2013-03-31 | $13.3M | $9.5M | +252.92% |
| Q4 2012 | 2012-12-31 | $14.2M | $10.1M | +245.07% |
| Q3 2012 | 2012-09-30 | $9.4M | $4.5M | +91.11% |
| Q2 2012 | 2012-06-30 | $3.1M | −$2.5M | −44.92% |
| Q1 2012 | 2012-03-31 | $3.8M | — | — |
| Q4 2011 | 2011-12-31 | $4.1M | −$3.4M | −45.04% |
| Q3 2011 | 2011-09-30 | $4.9M | — | — |
| Q2 2011 | 2011-06-30 | $5.6M | — | — |
| Q4 2010 | 2010-12-31 | $7.5M | — | — |
Research Frontiers shareholders’ equity trends
Over the last five fiscal years, Research Frontiers's shareholders’ equity decreased from $5.3M to $933,626, a change of −$4.4M. The latest reported quarter, Q2 2026, shows $1.1M.
What shareholders’ equity means
Shareholders’ equity is the residual accounting value attributable to shareholders after liabilities are subtracted from assets. It can change through earnings, losses, dividends, share issuance, repurchases, and other comprehensive income.
SEC-reported shareholders’ equity
TickerStat standardizes stockholders’ or shareholders’ equity reported in company SEC filings at each balance-sheet date. Negative equity is retained because it can be economically meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Research Frontiers source filings ↗