RLX Technology (RLX) Finished Goods (2022 - 2025)
RLX Technology's (RLX) quarterly Finished Goods came in at $38.8 million in Q4 2025, up 129.22% on a YoY basis from $16.9 million in Q4 2024, and up 129.22% quarter-over-quarter from $16.9 million in Q4 2024.
Analysis
RLX Technology (RLX) Finished Goods (2022 - 2025) Analysis & Trends
RLX Technology (RLX) has reported Finished Goods for 4 consecutive years, with $38.8 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Finished Goods rose 129.22% year-over-year to $38.8 million; the trailing twelve-month figure through Dec 2025 stood at $38.8 million (up 129.22% YoY), and the FY2025 full-year result was $38.8 million, up 129.22% from the prior year.
- Finished Goods grew to $38.8 million in Q4 2025 per RLX's latest filing, 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.
- Historically, Finished Goods has averaged $22.3 million across 4 years, with a median of $17.1 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Finished Goods declined 6.02% in 2023, then surged 129.22% in 2025.
- Over 4 years, 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.
- According to Business Quant data, Finished Goods over the past three periods registered $38.8 million, $16.9 million, and $16.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 38.75 Mn |
| Dec 31, 2024 | 16.91 Mn |
| Dec 31, 2023 | 16.34 Mn |
| Dec 31, 2022 | 17.39 Mn |