RLX Technology (RLX) EBITDA (2019 - 2026)
RLX Technology's (RLX) quarterly EBITDA came in at $35.5 million in Q1 2026, up 232.32% YoY from $10.7 million in Q1 2025, and up 108.57% on a QoQ basis from $17.0 million in Q4 2025.
RLX Technology (RLX) EBITDA (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of EBITDA data on file, last reported at $35.5 million in Q1 2026.
- Quarterly EBITDA rose 232.32% year-over-year to $35.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $71.0 million (up 2280.39% YoY) and the FY2025 annual result came in at $46.3 million, up 415.58% from the prior year.
- EBITDA advanced to $35.5 million in Q1 2026, from $17.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $98.3 million in Q1 2022 to a low of -$68.5 million in Q4 2022.
- A 5-year average of $9.2 million and a median of $5.4 million in 2025 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2022 — EBITDA plunged 181.7% — and 2025, when it surged 1175.52%.
- Tracing RLX's EBITDA over 5 years: stood at -$68.5 million in 2022, then soared by 71.09% to -$19.8 million in 2023, then surged by 92.01% to -$1.6 million in 2024, then surged by 1175.52% to $17.0 million in 2025, then soared by 108.57% to $35.5 million in 2026.
- The last three EBITDA figures came in at $35.5 million (Q1 2026), $17.0 million (Q4 2025), and $13.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 4.53 Bn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 3.14 Bn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 19.15 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 16.71 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 2.30 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | -9.48 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 1.94 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | -3.18 Mn |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | -332,542.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.47 Mn |
| Dec 31, 2025 | 17.00 Mn |
| Sep 30, 2025 | 13.10 Mn |
| Jun 30, 2025 | 5.44 Mn |
| Mar 31, 2025 | 10.67 Mn |
| Dec 31, 2024 | -1.58 Mn |
| Sep 30, 2024 | -1.52 Mn |
| Jun 30, 2024 | -4.59 Mn |
| Mar 31, 2024 | -7.15 Mn |
| Dec 31, 2023 | -19.79 Mn |
| Sep 30, 2023 | -5.38 Mn |
| Jun 30, 2023 | 7.08 Mn |
| Mar 31, 2023 | -54.35 Mn |
| Dec 31, 2022 | -68.46 Mn |
| Sep 30, 2022 | 65.40 Mn |
| Jun 30, 2022 | 66.73 Mn |
| Mar 31, 2022 | 98.35 Mn |
| Dec 31, 2021 | 83.80 Mn |
| Sep 30, 2021 | 139.26 Mn |
| Jun 30, 2021 | 151.68 Mn |