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

RLX Technology (RLX) reported Finished Goods of $38.8 million for 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.

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

RLX Technology has reported Finished Goods for 4 years, with the latest figure at $38.8 million 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 for Q4 2025 stood at $38.8 million, up from $16.9 million in the prior quarter.
  • The five-year high for Finished Goods was $38.8 million in Q4 2025, with the low 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.
  • Annual changes were most pronounced in 2023 — Finished Goods dropped 6.02% — and 2025, when it jumped 129.22%.
  • RLX Technology's Finished Goods stood at $17.4 million in 2022, then slipped by 6.02% to $16.3 million in 2023, then increased by 3.45% to $16.9 million in 2024, then jumped by 129.22% to $38.8 million in 2025.
  • The last three Finished Goods figures came in at $38.8 million (Q4 2025), $16.9 million (Q4 2024), and $16.3 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00

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