RLX Technology (RLX) EBITDA (2019 - 2026)

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

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

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

  • For the quarter ending Q1 2026, EBITDA fell 50.7% year-over-year to $14.2 million; the trailing twelve-month figure through Mar 2026 stood at $79.8 million (down 24.46% YoY), and the FY2025 full-year result was $96.5 million, changed 0.2% from the prior year.
  • EBITDA for Q1 2026 stood at $14.2 million, down from $20.5 million in the prior quarter.
  • The five-year high for EBITDA was $157.9 million in Q3 2022, with the low at -$64.6 million in Q4 2022.
  • Historically, EBITDA has averaged $38.4 million across 5 years, with a median of $20.5 million in 2025.
  • Annual changes were most pronounced in 2022 — EBITDA slumped 231.78% — and 2025, when it jumped 2073.43%.
  • RLX Technology's EBITDA stood at -$64.6 million in 2022, then surged by 115.74% to $10.2 million in 2023, then soared by 421.7% to $53.1 million in 2024, then tumbled by 61.28% to $20.5 million in 2025, then sank by 30.85% to $14.2 million in 2026.
  • The last three EBITDA figures came in at $14.2 million (Q1 2026), $20.5 million (Q4 2025), and $18.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 3.89 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 2.96 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 12.48 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn -14.96 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 14.21 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -9.53 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -4.03 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -18.63 Mn
10 22nd Century 2.50 Mn -7.04 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 18.20 Mn
Jun 30, 2025 26.90 Mn
Mar 31, 2025 28.82 Mn
Dec 31, 2024 53.06 Mn
Sep 30, 2024 -922,000.00
Jun 30, 2024 24.74 Mn
Mar 31, 2024 20.13 Mn
Dec 31, 2023 10.17 Mn
Sep 30, 2023 13.04 Mn
Jun 30, 2023 106.65 Mn
Mar 31, 2023 -29.35 Mn
Dec 31, 2022 -64.64 Mn
Sep 30, 2022 157.91 Mn
Jun 30, 2022 152.58 Mn
Mar 31, 2022 101.15 Mn
Dec 31, 2021 49.05 Mn
Sep 30, 2021 158.04 Mn
Jun 30, 2021 99.05 Mn