Filing Flows › Research Frontiers (REFR) › Q3 2026
Research Frontiers (REFR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Research Frontiers (REFR) reported revenue of $77K for the third quarter 2026 (Q3 2026), -79% from a year earlier and -11% from the quarter before. Operating margin was -672.5%, net loss $510K (662.4% of revenue).
Research Frontiers, Q3 2026: revenue $77K (-79% year over year), operating margin -672.5%, net loss $510K, operating cash flow −$443K. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77K | -11% | -79% |
| Operating profit | −$518K | — | — |
| Net earnings | −$510K | — | — |
| Operating cash flow | −$443K | — | — |
What changed
Revenue was $77K in Q3 2026, down 79% year over year and down 11% from the previous quarter.
Operating costs exceeded revenue by $518K, an operating margin of -672.5%. Total costs fell 10% while revenue fell 79%. The quarter ended with a net loss of $510K, narrower than the previous quarter's $660K loss.
Operating cash flow was −$443K. Non-cash charges added back $0K of depreciation and amortization. Working capital and other items added $67K. Capital expenditures of $0K exceeded it, leaving free cash flow of −$443K.
Questions
What was Research Frontiers' revenue in the third quarter 2026?
Research Frontiers (REFR) reported revenue of $77K for the third quarter 2026 (Q3 2026), -79% from a year earlier and -11% from the quarter before.
Was Research Frontiers profitable in the third quarter 2026?
Operating loss was $518K (-672.5% of revenue) and net loss $510K.
Source: Research Frontiers 10-Q on SEC EDGAR.