RLX Technology (RLX) Cash from Operations (2019 - 2026)
RLX Technology's Cash from Operations was -$9.32 million in the quarter ended Jun 30, 2026, compared with $32.05 million a year earlier.
RLX Technology (RLX) Cash from Operations (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, RLX Technology's Cash from Operations was $75.29 million through Jun 30, 2026, down 50.1% year-over-year; for the year ended Dec 31, 2025, it was $157.95 million, up 34.9% from the prior year.
- Cash from Operations shows a five-year compound annual growth rate of -16.8% (years ended Dec 2020 to Dec 2025).
- In earlier years, Cash from Operations was $117.05 million in the year ended Dec 31, 2024 (+318.2%), $27.99 million in the year ended Dec 31, 2023 (-60.3%), $70.58 million in the year ended Dec 31, 2022 (-75.0%) and $282.44 million in the year ended Dec 31, 2021 (-28.8%).
- Quarterly Cash from Operations has moved between -$142.95 million (the quarter ended Sep 30, 2022) and $215.64 million (the quarter ended Jun 30, 2022) over five years.
- Compared with a year earlier, Cash from Operations was higher in four of the last five quarters, with growth averaging 61.7%.
- The best year-over-year quarter for Cash from Operations over five years was the quarter ended Jun 30, 2024 (growth of 374.9%); the worst was the quarter ended Jun 30, 2023 (a decline of 97.4%).
- Per Business Quant data, RLX's Cash from Operations in the three quarters before the quarter ended Jun 30, 2026 was -$9.98 million (quarter ended Mar 31, 2026), $44.36 million (quarter ended Dec 31, 2025) and $50.22 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 5.49 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 719.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 29.32 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.32 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 53.14 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 29.01 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 24.01 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 26.33 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 30.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.32 Mn |
| Mar 31, 2026 | -9.98 Mn |
| Dec 31, 2025 | 44.36 Mn |
| Sep 30, 2025 | 50.22 Mn |
| Jun 30, 2025 | 32.05 Mn |
| Mar 31, 2025 | 28.55 Mn |
| Dec 31, 2024 | 68.09 Mn |
| Sep 30, 2024 | 22.31 Mn |
| Jun 30, 2024 | 27.08 Mn |
| Mar 31, 2024 | 557,000.00 |
| Dec 31, 2023 | 42.99 Mn |
| Sep 30, 2023 | 9.25 Mn |
| Jun 30, 2023 | 5.70 Mn |
| Mar 31, 2023 | -33.59 Mn |
| Dec 31, 2022 | -36.08 Mn |
| Sep 30, 2022 | -142.95 Mn |
| Jun 30, 2022 | 215.64 Mn |
| Mar 31, 2022 | 48.61 Mn |
| Dec 31, 2021 | 73.08 Mn |
| Sep 30, 2021 | -22.17 Mn |
RLX Technology Cash from Operations 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-from-operations&ticker=RLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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-from-operations&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();