RLX Technology (RLX) Free Cash Flow (2019 - 2026)
RLX Technology (RLX) recorded Free Cash Flow of -$9.29 million in the quarter ended Jun 30, 2026, compared with $32.05 million a year earlier.
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Analysis
RLX Technology (RLX) Free Cash Flow (2019 - 2026) Analysis & Trends
On a TTM basis, RLX Technology's Free Cash Flow came in at $75.36 million as of Jun 30, 2026, down 49.9% year-over-year; for the year ended Dec 31, 2025, it was $170.08 million, up 43.6% from the prior year.
- Annual Free Cash Flow has a five-year compound annual growth rate of -15.7% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Free Cash Flow came in at $118.43 million in the year ended Dec 31, 2024 (+270.5%), $31.96 million in the year ended Dec 31, 2023 (-58.0%), $76.19 million in the year ended Dec 31, 2022 (-74.9%) and $302.99 million in the year ended Dec 31, 2021 (-24.0%).
- Quarterly Free Cash Flow has ranged from -$148.67 million in the quarter ended Sep 30, 2022 to $215.64 million in the quarter ended Jun 30, 2022 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in four of the last five quarters, with growth averaging 52.5%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 374.9% in the quarter ended Jun 30, 2024, against a decline of 97.4% in the quarter ended Jun 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -$9.94 million (quarter ended Mar 31, 2026), $44.36 million (quarter ended Dec 31, 2025) and $50.22 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 5.11 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 662.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | -20.58 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.29 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 32.13 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 8.79 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 22.27 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 26.24 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 18.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.29 Mn |
| Mar 31, 2026 | -9.94 Mn |
| Dec 31, 2025 | 44.36 Mn |
| Sep 30, 2025 | 50.22 Mn |
| Jun 30, 2025 | 32.05 Mn |
| Mar 31, 2025 | 28.55 Mn |
| Dec 31, 2024 | 68.09 Mn |
| Sep 30, 2024 | 21.84 Mn |
| Jun 30, 2024 | 27.08 Mn |
| Mar 31, 2024 | 557,000.00 |
| Dec 31, 2023 | 42.99 Mn |
| Sep 30, 2023 | 11.45 Mn |
| Jun 30, 2023 | 5.70 Mn |
| Mar 31, 2023 | -33.72 Mn |
| Dec 31, 2022 | -36.08 Mn |
| Sep 30, 2022 | -148.67 Mn |
| Jun 30, 2022 | 215.64 Mn |
| Mar 31, 2022 | 48.56 Mn |
| Dec 31, 2021 | 73.08 Mn |
| Sep 30, 2021 | -22.17 Mn |
API Access
RLX Technology Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();