SuperworthResearch Frontiers shares outstanding REFR
Diluted shares outstanding, averaged over each quarter, from 2012.
- Latest quarter, to Jun 30, 2026
- 34.9M
- On a year earlier
- +3.6%
- more shares
Research Frontiers had 34.9M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 3.6% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 33.6M | +0% |
| FY2024 | 33.5M | +0% |
| FY2023 | 33.5M | +1% |
| FY2022 | 33.1M | +5% |
| FY2021 | 31.7M | +0% |
| FY2020 | 31.6M | +1% |
| FY2019 | 31.1M | +13% |
| FY2018 | 27.7M | +15% |
| FY2017 | 24M | +0% |
| FY2016 | 24M | +1% |
| FY2015 | 23.9M | −1% |
| FY2014 | 24M | +4% |
| FY2013 | 23M | +2% |
| FY2012 | 22.6M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 34.9M | +4% | |
| Q1 FY26 | 34.2M | +2% | |
| Q4 FY25 | 33.6M | +0% | |
| Q3 FY25 | 33.6M | +0% | |
| Q2 FY25 | 33.6M | +0% | |
| Q1 FY25 | 33.6M | +0% | |
| Q4 FY24 | 33.5M | +0% | |
| Q3 FY24 | 33.5M | +0% | |
| Q2 FY24 | 33.5M | +0% | |
| Q1 FY24 | 33.5M | +1% | |
| Q4 FY23 | 33.5M | +1% | |
| Q3 FY23 | 33.5M | +5% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Research Frontiers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.