# Research Frontiers Inc. (REFR) — Net Income

## Annual Net Income (USD)

| Year | Net Income |
| --- | --- |
| 2025 | -$2M |
| 2024 | -$1M |
| 2023 | -$2M |
| 2022 | -$3M |
| 2021 | -$2M |
| 2020 | -$2M |
| 2019 | -$4M |
| 2018 | -$3M |
| 2017 | -$2M |
| 2016 | -$4M |
| 2015 | -$4M |
| 2014 | -$4M |

## Quarterly Net Income (USD)

| Quarter | Net Income |
| --- | --- |
| 2026-03-31 | -$525,365 |
| 2025-09-30 | -$298,508 |
| 2025-06-30 | -$803,826 |
| 2025-03-31 | -$177,687 |
| 2024-09-30 | -$166,816 |
| 2024-06-30 | -$94,022 |
| 2024-03-31 | -$442,604 |
| 2023-09-30 | -$472,166 |
| 2023-06-30 | -$493,650 |
| 2023-03-31 | -$462,638 |
| 2022-09-30 | -$483,729 |
| 2022-06-30 | -$741,838 |
| 2022-03-31 | -$628,348 |
| 2021-09-30 | $21,614 |
| 2021-06-30 | -$527,935 |
| 2021-03-31 | -$557,307 |
| 2020-09-30 | -$434,223 |
| 2020-06-30 | -$398,981 |
| 2020-03-31 | -$624,594 |
| 2019-09-30 | -$397,712 |
| 2019-06-30 | -$1M |
| 2019-03-31 | -$803,897 |
| 2018-09-30 | -$688,301 |
| 2018-06-30 | -$569,891 |

Source: [CompaniesByCap](https://companiesbycap.com/company/REFR/net-income)