RLX Technology (RLX) Inventory Average (2021 - 2026)
RLX Technology (RLX) reported Inventory Average of $48.0 million for Q1 2026, up 167.32% on a YoY basis from $17.9 million in Q1 2025, and up 28.96% quarter-over-quarter from $37.2 million in Q4 2025.
RLX Technology (RLX) Inventory Average (2021 - 2026) Analysis & Trends
RLX Technology has reported Inventory Average for 6 years, with the latest figure at $48.0 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average rose 167.32% year-over-year to $48.0 million; the trailing twelve-month figure through Mar 2026 stood at $48.0 million (up 167.32% YoY), and the FY2025 full-year result was $31.0 million, up 55.51% from the prior year.
- Inventory Average for Q1 2026 stood at $48.0 million, up from $37.2 million in the prior quarter.
- The five-year high for Inventory Average was $67.1 million in Q1 2022, with the low at $11.6 million in Q3 2023.
- Historically, Inventory Average has averaged $23.4 million across 5 years, with a median of $16.6 million in 2023.
- Annual changes were most pronounced in 2022 — Inventory Average tumbled 86.14% — and 2025, when it surged 176.88%.
- RLX Technology's Inventory Average stood at $13.1 million in 2022, then gained by 17.92% to $15.4 million in 2023, then advanced by 1.93% to $15.7 million in 2024, then soared by 136.61% to $37.2 million in 2025, then increased by 28.96% to $48.0 million in 2026.
- The last three Inventory Average figures came in at $48.0 million (Q1 2026), $37.2 million (Q4 2025), and $32.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 11.44 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 1.11 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | 6.31 Bn |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 56.06 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | - |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 47.98 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 5.26 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 3.83 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 | 4.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.98 Mn |
| Dec 31, 2025 | 37.21 Mn |
| Sep 30, 2025 | 32.13 Mn |
| Jun 30, 2025 | 23.93 Mn |
| Mar 31, 2025 | 17.95 Mn |
| Dec 31, 2024 | 15.72 Mn |
| Sep 30, 2024 | 11.60 Mn |
| Jun 30, 2024 | 12.71 Mn |
| Mar 31, 2024 | 16.97 Mn |
| Dec 31, 2023 | 15.43 Mn |
| Sep 30, 2023 | 11.59 Mn |
| Jun 30, 2023 | 13.64 Mn |
| Mar 31, 2023 | 16.63 Mn |
| Dec 31, 2022 | 13.08 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Jun 30, 2022 | 30.99 Mn |
| Mar 31, 2022 | 67.09 Mn |
| Dec 31, 2021 | 94.41 Mn |
| Sep 30, 2021 | 98.66 Mn |
| Jun 30, 2021 | 65.38 Mn |