RLX Technology (RLX) FCF Margin (2019 - 2026)
RLX Technology (RLX) posted FCF Margin of 4.34% for Q1 2026, down 115.97% on a QoQ basis from 27.18% in Q4 2025, and down 2997.0% year-over-year from 0.15% in Q1 2025.
RLX Technology (RLX) FCF Margin (2019 - 2026) Analysis & Trends
RLX Technology's FCF Margin history runs 8 years deep, the most recent figure standing at 4.34% for Q1 2026.
- Quarterly FCF Margin fell 2997.0% year-over-year to 4.34% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.29% (down 1773.0% YoY) and the FY2025 annual result came in at 24.58%, down 664.0% from the prior year.
- FCF Margin was 4.34% for Q1 2026 at RLX Technology, down from 27.18% in the prior quarter.
- Across five years, FCF Margin topped out at 64.66% in Q2 2022 and bottomed at 122.13% in Q1 2023.
- A 5-year average of 5.61% and a median of 20.7% in 2024 frame the typical range for FCF Margin.
- Peak annual rise in FCF Margin reached 13183 bps in 2023, while the deepest fall reached 14011 bps in 2023.
- RLX Technology's 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 116 bps to 4.34% in 2026.
- Business Quant data shows RLX's FCF Margin at 4.34% in Q1 2026, 27.18% in Q4 2025, and 31.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | -7.41% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 41.10% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | -4.34% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | -22.05% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 24.97% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 9.14% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 7.85% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 443.82% |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | -1,078.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.34% |
| Dec 31, 2025 | 27.18% |
| Sep 30, 2025 | 31.66% |
| Jun 30, 2025 | 26.09% |
| Mar 31, 2025 | 25.63% |
| Dec 31, 2024 | 61.10% |
| Sep 30, 2024 | 20.70% |
| Jun 30, 2024 | 31.37% |
| Mar 31, 2024 | 0.73% |
| Dec 31, 2023 | 58.64% |
| Sep 30, 2023 | 15.76% |
| Jun 30, 2023 | 10.93% |
| Mar 31, 2023 | -122.13% |
| Dec 31, 2022 | -73.19% |
| Sep 30, 2022 | -97.36% |
| Jun 30, 2022 | 64.66% |
| Mar 31, 2022 | 17.97% |
| Dec 31, 2021 | 24.46% |
| Sep 30, 2021 | -8.52% |
| Jun 30, 2021 | 25.55% |