RLX Technology (RLX) EBITDA (2019 - 2026)

RLX Technology (RLX) posted EBITDA of $14.2 million for Q1 2026, down 30.85% quarter-over-quarter from $20.5 million in Q4 2025, and down 50.7% year-on-year from $28.8 million in Q1 2025.

RLX Technology (RLX) EBITDA (2019 - 2026) Analysis & Trends

RLX Technology (RLX) has reported EBITDA for 8 consecutive years, with $14.2 million the latest figure, recorded in Q1 2026.

  • EBITDA for Q1 2026 came in at $14.2 million, down 50.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $79.1 million (down 24.25% YoY), and the FY2025 annual result was $96.5 million, changed 0.2% from the prior year.
  • EBITDA was $14.2 million for Q1 2026 at RLX Technology, down from $20.5 million in the prior quarter.
  • Over five years, EBITDA peaked at $157.9 million in Q3 2022 and troughed at -$65.1 million in Q4 2022.
  • Average EBITDA over 5 years is $38.4 million, with a median of $20.5 million recorded in 2025.
  • Year-over-year, EBITDA tumbled 233.15% in 2022 and jumped 1301.31% in 2025.
  • Over 5 years, EBITDA stood at -$65.1 million in 2022, then soared by 115.08% to $9.8 million in 2023, then soared by 432.76% to $52.3 million in 2024, then tumbled by 60.73% to $20.5 million in 2025, then plunged by 30.85% to $14.2 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $14.2 million in Q1 2026, $20.5 million in Q4 2025, and $17.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 2.96 Bn
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 14.21 Mn
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 12.48 Mn
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn -14.96 Mn
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn -9.53 Mn
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn -4.03 Mn
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -18.63 Mn
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 -464,467.00
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn -4.49 Mn
10 22nd Century 128,296.63 -9.42 Mn -636,000.00 -3.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.21 Mn
Dec 31, 2025 20.55 Mn
Sep 30, 2025 17.46 Mn
Jun 30, 2025 26.90 Mn
Mar 31, 2025 28.82 Mn
Dec 31, 2024 52.32 Mn
Sep 30, 2024 -1.45 Mn
Jun 30, 2024 24.74 Mn
Mar 31, 2024 20.03 Mn
Dec 31, 2023 9.82 Mn
Sep 30, 2023 13.04 Mn
Jun 30, 2023 106.38 Mn
Mar 31, 2023 -29.44 Mn
Dec 31, 2022 -65.12 Mn
Sep 30, 2022 157.91 Mn
Jun 30, 2022 152.58 Mn
Mar 31, 2022 104.03 Mn
Dec 31, 2021 48.91 Mn
Sep 30, 2021 158.04 Mn
Jun 30, 2021 99.05 Mn