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| Date | Value |
|---|---|
| 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 |