RLX Technology (RLX) Cost of Revenue (2019 - 2025)
RLX Technology filings provide 7 years of Cost of Revenue readings, the most recent being $103.4 million for Q4 2025.
- On a quarterly basis, Cost of Revenue rose 46.13% to $103.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $341.9 million, a 43.24% increase, with the full-year FY2025 number at $348.0 million, up 47.86% from a year prior.
- Cost of Revenue hit $103.4 million in Q4 2025 for RLX Technology, up from $95.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $216.0 million in Q2 2021 to a low of $11.5 million in Q1 2023.
- Median Cost of Revenue over the past 5 years was $72.1 million (2022), compared with a mean of $94.5 million.
- Biggest five-year swings in Cost of Revenue: surged 486.35% in 2021 and later tumbled 93.13% in 2023.
- RLX Technology's Cost of Revenue stood at $178.7 million in 2021, then plummeted by 88.72% to $20.2 million in 2022, then skyrocketed by 128.64% to $46.1 million in 2023, then soared by 53.42% to $70.7 million in 2024, then soared by 46.13% to $103.4 million in 2025.
- The last three reported values for Cost of Revenue were $103.4 million (Q4 2025), $95.7 million (Q3 2025), and $77.1 million (Q2 2025) per Business Quant data.