Balance Sheet
Cash Flow Statement
Beginning Cash BalanceBeginning Cash BalanceCash from Financing ActivitiesCash from Financing ActivitiesCash from Investing ActivitiesCash from Investing ActivitiesCash from OperationsCash from OperationsChange in CashExchange Rate EffectExchange Rate EffectFree Cash FlowFree Cash FlowGains from Investment SecuritiesGains from Investment SecuritiesNet Cash FlowNet Cash FlowNet IncomeNon-cash ItemsNon-cash ItemsOther financing activitiesOther financing activities
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Income Statement
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RLX Technology (RLX) Free Cash Flow (2019 - 2025)

RLX Technology filings provide 7 years of Free Cash Flow readings, the most recent being $44.4 million for Q4 2025.

  • On a quarterly basis, Free Cash Flow fell 34.85% to $44.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $154.6 million, a 31.46% increase, with the full-year FY2025 number at $155.7 million, up 34.62% from a year prior.
  • Free Cash Flow hit $44.4 million in Q4 2025 for RLX Technology, down from $50.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $219.0 million in Q2 2022 to a low of -$148.7 million in Q3 2022.
  • Median Free Cash Flow over the past 5 years was $30.1 million (2025), compared with a mean of $33.0 million.
  • Biggest five-year swings in Free Cash Flow: tumbled 573.24% in 2022 and later soared 4969.33% in 2025.
  • RLX Technology's Free Cash Flow stood at $73.1 million in 2021, then tumbled by 149.37% to -$36.1 million in 2022, then skyrocketed by 219.13% to $43.0 million in 2023, then soared by 58.4% to $68.1 million in 2024, then plummeted by 34.85% to $44.4 million in 2025.
  • The last three reported values for Free Cash Flow were $44.4 million (Q4 2025), $50.0 million (Q3 2025), and $31.7 million (Q2 2025) per Business Quant data.