RLX Technology (RLX) Cash & Equivalents (2019 - 2026)
RLX Technology's Cash & Equivalents was $682.25 million in the quarter ended Jun 30, 2026, up 26.7% from $538.56 million a year earlier and up 10.4% from the prior quarter.
RLX Technology (RLX) Cash & Equivalents (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Cash & Equivalents at RLX Technology came in at $767.49 million, up 0.2% from the prior year.
- Cash & Equivalents has now increased for three consecutive years, with a five-year compound annual growth rate of 35.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Cash & Equivalents was $766.31 million in the year ended Dec 31, 2024 (+127.6%), $336.67 million in the year ended Dec 31, 2023 (+83.1%), $183.92 million in the year ended Dec 31, 2022 (-77.5%) and $817.4 million in the year ended Dec 31, 2021 (+378.8%).
- Quarterly Cash & Equivalents has moved between $127.19 million (the quarter ended Sep 30, 2022) and $988.3 million (the quarter ended Sep 30, 2021) over five years.
- Compared with a year earlier, Cash & Equivalents was higher in six of the last eight quarters, with growth averaging 40.2%.
- The best year-over-year quarter for Cash & Equivalents over five years was the quarter ended Dec 31, 2021 (growth of 384.7%); the worst was the quarter ended Sep 30, 2022 (a decline of 87.1%).
- Per Business Quant data, RLX's Cash & Equivalents in the three quarters before the quarter ended Jun 30, 2026 was $618.08 million (quarter ended Mar 31, 2026), $756.73 million (quarter ended Dec 31, 2025) and $485.61 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 6.00 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 3.38 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 2.37 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 94.59 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 682.25 Mn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 325.42 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 283.59 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | 467.02 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 270.20 Mn |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn | 85.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 682.25 Mn |
| Mar 31, 2026 | 618.08 Mn |
| Dec 31, 2025 | 756.73 Mn |
| Sep 30, 2025 | 485.61 Mn |
| Jun 30, 2025 | 538.56 Mn |
| Mar 31, 2025 | 649.23 Mn |
| Dec 31, 2024 | 778.70 Mn |
| Sep 30, 2024 | 463.91 Mn |
| Jun 30, 2024 | 423.38 Mn |
| Mar 31, 2024 | 321.63 Mn |
| Dec 31, 2023 | 331.98 Mn |
| Sep 30, 2023 | 345.94 Mn |
| Jun 30, 2023 | 242.95 Mn |
| Mar 31, 2023 | 210.97 Mn |
| Dec 31, 2022 | 178.36 Mn |
| Sep 30, 2022 | 127.19 Mn |
| Jun 30, 2022 | 255.16 Mn |
| Mar 31, 2022 | 691.59 Mn |
| Dec 31, 2021 | 814.73 Mn |
| Sep 30, 2021 | 988.30 Mn |
RLX Technology Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=RLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();