RLX Technology (RLX) EBT Margin (2019 - 2026)
RLX Technology (RLX) posted EBT Margin of 21.4% for Q1 2026, down 19.3% quarter-over-quarter from 26.52% in Q4 2025, and down 964.0% year-on-year from 2.48% in Q1 2025.
RLX Technology (RLX) EBT Margin (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported EBT Margin for 8 consecutive years, with 21.4% the latest figure, recorded in Q1 2026.
- EBT Margin for Q1 2026 came in at 21.4%, down 964.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.09% (down 125.0% YoY), and the FY2025 annual result was 26.61%, up 264.0% from the prior year.
- EBT Margin was 21.4% for Q1 2026 at RLX Technology, down from 26.52% in the prior quarter.
- Over five years, EBT Margin peaked at 67.76% in Q2 2023 and troughed at 70.99% in Q4 2022.
- Average EBT Margin over 5 years is 23.52%, with a median of 27.01% recorded in 2024.
- Year-over-year, EBT Margin plunged 10375 bps in 2022 and surged 11538 bps in 2023.
- Over 5 years, EBT Margin stood at 70.99% in 2022, then soared by 163 bps to 44.39% in 2023, then plunged by 57 bps to 18.89% in 2024, then soared by 40 bps to 26.52% in 2025, then retreated by 19 bps to 21.4% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 21.4% in Q1 2026, 26.52% in Q4 2025, and 22.38% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 52.67% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 21.40% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 8.96% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | -4.19% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -50.02% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -42.68% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | -4,064.96% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 446.64% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -51.48% |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | -73.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.40% |
| Dec 31, 2025 | 26.52% |
| Sep 30, 2025 | 22.38% |
| Jun 30, 2025 | 28.07% |
| Mar 31, 2025 | 31.04% |
| Dec 31, 2024 | 18.89% |
| Sep 30, 2024 | 26.42% |
| Jun 30, 2024 | 24.93% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 44.39% |
| Sep 30, 2023 | 40.47% |
| Jun 30, 2023 | 67.76% |
| Mar 31, 2023 | -39.12% |
| Dec 31, 2022 | -70.99% |
| Sep 30, 2022 | 55.16% |
| Jun 30, 2022 | 28.91% |
| Mar 31, 2022 | 46.64% |
| Dec 31, 2021 | 32.76% |
| Sep 30, 2021 | 65.48% |
| Jun 30, 2021 | 40.47% |