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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |