RLX Technology (RLX) FCF Margin (2019 - 2026)
RLX Technology (RLX) posted FCF Margin of 4.32% for Q1 2026, down 115.91% quarter-over-quarter from 27.18% in Q4 2025, and down 2991.0% year-on-year from 0.15% in Q1 2025.
RLX Technology (RLX) FCF Margin (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported FCF Margin for 8 consecutive years, with 4.32% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 4.32%, down 2991.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.21% (down 1769.0% YoY), and the FY2025 annual result was 27.15%, down 357.0% from the prior year.
- FCF Margin was 4.32% for Q1 2026 at RLX Technology, down from 27.18% in the prior quarter.
- Over five years, FCF Margin peaked at 65.68% in Q2 2022 and troughed at 122.13% in Q1 2023.
- Average FCF Margin over 5 years is 5.63%, with a median of 20.27% recorded in 2024.
- The widest YoY moves for FCF Margin: up 13183 bps in 2023, down 14009 bps in 2023.
- Over 5 years, FCF Margin stood at 73.19% in 2022, then soared by 180 bps to 58.64% in 2023, then advanced by 4 bps to 61.1% in 2024, then plunged by 56 bps to 27.18% in 2025, then slumped by 116 bps to 4.32% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 4.32% in Q1 2026, 27.18% in Q4 2025, and 31.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 41.10% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -4.32% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | -22.05% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 24.97% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 9.14% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 7.85% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | -1,078.13% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 443.82% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 3.70% |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | -76.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 25.53% |