RLX Technology (RLX) EBIT Margin (2019 - 2026)

RLX Technology (RLX) posted EBIT Margin of 15.43% for Q1 2026, up 48.07% on a QoQ basis from 10.42% in Q4 2025, and up 585.0% year-over-year from 2.25% in Q1 2025.

RLX Technology (RLX) EBIT Margin (2019 - 2026) Analysis & Trends

RLX Technology's EBIT Margin history runs 8 years deep, the most recent figure standing at 15.43% for Q1 2026.

  • Quarterly EBIT Margin rose 585.0% year-over-year to 15.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.53% (up 981.0% YoY) and the FY2025 annual result came in at 8.18%, up 1214.0% from the prior year.
  • EBIT Margin was 15.43% for Q1 2026 at RLX Technology, up from 10.42% in the prior quarter.
  • Across five years, EBIT Margin topped out at 44.54% in Q3 2022 and bottomed at 197.6% in Q1 2023.
  • A 5-year average of 13.38% and a median of 4.43% in 2025 frame the typical range for EBIT Margin.
  • Annual changes were most pronounced in 2023 — EBIT Margin plunged 23396 bps — and 2024, when it jumped 18825 bps.
  • RLX Technology's EBIT Margin stood at 138.87% in 2022, then soared by 81 bps to 27.0% in 2023, then jumped by 95 bps to 1.42% in 2024, then jumped by 834 bps to 10.42% in 2025, then surged by 48 bps to 15.43% in 2026.
  • Business Quant data shows RLX's EBIT Margin at 15.43% in Q1 2026, 10.42% in Q4 2025, and 8.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 38.37%
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 54.46%
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 15.43%
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 10.05%
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn -2.09%
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn -50.75%
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn -30.36%
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 -80.07%
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -1,243.75%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.43%
Dec 31, 2025 10.42%
Sep 30, 2025 8.26%
Jun 30, 2025 4.43%
Mar 31, 2025 9.58%
Dec 31, 2024 -1.42%
Sep 30, 2024 -1.41%
Jun 30, 2024 -5.32%
Mar 31, 2024 -9.35%
Dec 31, 2023 -27.00%
Sep 30, 2023 -9.18%
Jun 30, 2023 13.58%
Mar 31, 2023 -197.60%
Dec 31, 2022 -138.87%
Sep 30, 2022 44.54%
Jun 30, 2022 20.01%
Mar 31, 2022 36.36%
Dec 31, 2021 28.04%
Sep 30, 2021 53.51%
Jun 30, 2021 38.54%