RLX Technology RLX
NYSE RLX
$1.78 +0.02 (+1.14%)
As of: Sep 10, 2026 · 3:59 PM EDT

RLX Technology (RLX) FCF Margin (2019 - 2026)

RLX Technology's (RLX) quarterly FCF Margin came in at 6.24% in Q2 2026, down 3208.0% on a YoY basis from 0.2% in Q2 2025, and down 44.23% quarter-over-quarter from 4.32% in Q1 2026.

Analysis

RLX Technology (RLX) FCF Margin (2019 - 2026) Analysis & Trends

RLX Technology (RLX) has reported FCF Margin for 8 consecutive years, with 6.24% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, FCF Margin fell 3208.0% year-over-year to 6.24%; the trailing twelve-month figure through Jun 2026 stood at 10.72% (down 2240.0% YoY), and the FY2025 full-year result was 27.61%, down 365.0% from the prior year.
  • FCF Margin eased to 6.24% in Q2 2026 per RLX's latest filing, from 4.32% in the prior quarter.
  • Across five years, FCF Margin topped out at 65.68% in Q2 2022 and bottomed at 122.61% in Q1 2023.
  • Historically, FCF Margin has averaged 4.95% across 5 years, with a median of 19.9% in 2024.
  • The widest YoY moves for FCF Margin: up 13183 bps in 2023, down 14056 bps in 2023.
  • Over 5 years, FCF Margin stood at 73.19% in 2022, then surged by 180 bps to 58.64% in 2023, then gained by 4 bps to 61.1% in 2024, then tumbled by 56 bps to 27.18% in 2025, then slumped by 123 bps to 6.24% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 6.24%, 4.32%, and 27.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Philip Morris International 295.94 Bn 289.95 Bn 7.66 Bn 45.68%
2 British American Tobacco p.l.c 126.98 Bn 123.54 Bn - -
3 Altria 114.81 Bn 112.45 Bn 3.82 Bn 10.83%
4 RLX Technology 2.17 Bn 1.46 Bn 52.74 Mn -6.24%
5 Turning Point Brands 1.43 Bn 1.16 Bn 93.70 Mn 18.35%
6 VPR Brands 7.34 Mn 5.00 Mn 161,075.00 -76.43%
7 22nd Century 427,897.86 -5.63 Mn -293,000.00 -150.84%
8 Cirtran 197,816.68 -168,530.32 619,024.00 15.68%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.24%
Mar 31, 2026 -4.32%
Dec 31, 2025 27.18%
Sep 30, 2025 31.49%
Jun 30, 2025 25.84%
Mar 31, 2025 25.59%
Dec 31, 2024 61.10%
Sep 30, 2024 20.27%
Jun 30, 2024 31.37%
Mar 31, 2024 0.74%
Dec 31, 2023 58.64%
Sep 30, 2023 19.52%
Jun 30, 2023 11.32%
Mar 31, 2023 -122.61%
Dec 31, 2022 -73.19%
Sep 30, 2022 -101.26%
Jun 30, 2022 65.68%
Mar 31, 2022 17.95%
Dec 31, 2021 24.46%
Sep 30, 2021 -8.49%