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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

RLX Technology (RLX) Gross Margin (2019 - 2025)

Historic Gross Margin for Technology (RLX) over the last 7 years, with Q3 2025 value amounting to 31.22%.

  • Technology's Gross Margin rose 39900.0% to 31.22% in Q3 2025 from the same period last year, while for Sep 2025 it was 27.91%, marking a year-over-year increase of 22500.0%. This contributed to the annual value of 26.43% for FY2024, which is 19900.0% up from last year.
  • Technology's Gross Margin amounted to 31.22% in Q3 2025, which was up 39900.0% from 27.51% recorded in Q2 2025.
  • Technology's Gross Margin's 5-year high stood at 49.98% during Q3 2022, with a 5-year trough of 23.71% in Q4 2023.
  • Over the past 5 years, Technology's median Gross Margin value was 28.57% (recorded in 2025), while the average stood at 33.52%.
  • Its Gross Margin has fluctuated over the past 5 years, first soared by 108500bps in 2022, then crashed by -259200bps in 2023.
  • Technology's Gross Margin (Quarter) stood at 40.2% in 2021, then rose by 8bps to 43.61% in 2022, then crashed by -46bps to 23.71% in 2023, then rose by 14bps to 27.03% in 2024, then grew by 15bps to 31.22% in 2025.
  • Its Gross Margin stands at 31.22% for Q3 2025, versus 27.51% for Q2 2025 and 28.57% for Q1 2025.