RLX Technology (RLX) Finished Goods (2022 - 2025)

RLX Technology (RLX) posted Finished Goods of $38.8 million for Q4 2025, up 129.22% on a QoQ basis from $16.9 million in Q4 2024, and up 129.22% year-over-year from $16.9 million in Q4 2024.

RLX Technology (RLX) Finished Goods (2022 - 2025) Analysis & Trends

RLX Technology's Finished Goods history runs 4 years deep, the most recent figure standing at $38.8 million for Q4 2025.

  • Quarterly Finished Goods rose 129.22% year-over-year to $38.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $38.8 million (up 129.22% YoY) and the FY2025 annual result came in at $38.8 million, up 129.22% from the prior year.
  • Finished Goods was $38.8 million for Q4 2025 at RLX Technology, up from $16.9 million in the prior quarter.
  • Across five years, Finished Goods topped out at $38.8 million in Q4 2025 and bottomed at $16.3 million in Q4 2023.
  • A 4-year average of $22.3 million and a median of $17.1 million in 2022 frame the typical range for Finished Goods.
  • Annual changes were most pronounced in 2023 — Finished Goods retreated 6.02% — and 2025, when it jumped 129.22%.
  • RLX Technology's Finished Goods stood at $17.4 million in 2022, then declined by 6.02% to $16.3 million in 2023, then gained by 3.45% to $16.9 million in 2024, then soared by 129.22% to $38.8 million in 2025.
  • Business Quant data shows RLX's Finished Goods at $38.8 million in Q4 2025, $16.9 million in Q4 2024, and $16.3 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 38.75 Mn
Dec 31, 2024 16.91 Mn
Dec 31, 2023 16.34 Mn
Dec 31, 2022 17.39 Mn