RLX Technology (RLX) Enterprise Value (2019 - 2026)
RLX Technology (RLX) posted Enterprise Value of -$624.9 million for Q1 2026, up 18.63% quarter-over-quarter from -$768.0 million in Q4 2025, and up 9.65% year-on-year from -$569.9 million in Q1 2025.
RLX Technology (RLX) Enterprise Value (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Enterprise Value for 8 consecutive years, with -$624.9 million the latest figure, recorded in Q1 2026.
- Enterprise Value for Q1 2026 came in at -$624.9 million, up 9.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$624.9 million (up 9.65% YoY), and the FY2025 annual result was -$757.6 million, up 2.87% from the prior year.
- Enterprise Value was -$624.9 million for Q1 2026 at RLX Technology, up from -$768.0 million in the prior quarter.
- Over five years, Enterprise Value peaked at -$137.4 million in Q3 2022 and troughed at -$831.6 million in Q4 2024.
- Average Enterprise Value over 5 years is -$450.9 million, with a median of -$432.9 million recorded in 2024.
- Year-over-year, Enterprise Value surged 86.1% in 2022 and tumbled 169.97% in 2023.
- Over 5 years, Enterprise Value stood at -$185.3 million in 2022, then tumbled by 82.23% to -$337.6 million in 2023, then sank by 146.31% to -$831.6 million in 2024, then gained by 7.65% to -$768.0 million in 2025, then increased by 18.63% to -$624.9 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$624.9 million in Q1 2026, -$768.0 million in Q4 2025, and -$503.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | -3.48 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -624.90 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | -172.71 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | -16.45 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -18.29 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -33.26 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | -38.23 Mn |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | -2.71 Mn |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -2.09 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | -9.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -624.90 Mn |
| Dec 31, 2025 | -793.09 Mn |
| Sep 30, 2025 | -503.60 Mn |
| Jun 30, 2025 | -535.15 Mn |
| Mar 31, 2025 | -691.67 Mn |
| Dec 31, 2024 | -831.63 Mn |
| Sep 30, 2024 | -462.90 Mn |
| Jun 30, 2024 | -441.44 Mn |
| Mar 31, 2024 | -333.49 Mn |
| Dec 31, 2023 | -337.64 Mn |
| Sep 30, 2023 | -370.85 Mn |
| Jun 30, 2023 | -257.38 Mn |
| Mar 31, 2023 | -216.78 Mn |
| Dec 31, 2022 | -185.28 Mn |
| Sep 30, 2022 | -137.37 Mn |
| Jun 30, 2022 | -264.32 Mn |
| Mar 31, 2022 | -693.13 Mn |
| Dec 31, 2021 | -814.22 Mn |
| Sep 30, 2021 | -984.00 Mn |
| Jun 30, 2021 | -1.01 Bn |