RLX Technology (RLX) Inventory Average (2021 - 2026)

RLX Technology (RLX) posted Inventory Average of $48.0 million for Q1 2026, up 28.96% on a QoQ basis from $37.2 million in Q4 2025, and up 167.32% year-over-year from $17.9 million in Q1 2025.

RLX Technology (RLX) Inventory Average (2021 - 2026) Analysis & Trends

RLX Technology's Inventory Average history runs 6 years deep, the most recent figure standing at $48.0 million for Q1 2026.

  • Quarterly Inventory Average rose 167.32% year-over-year to $48.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.0 million (up 167.32% YoY) and the FY2025 annual result came in at $31.0 million, up 55.51% from the prior year.
  • Inventory Average was $48.0 million for Q1 2026 at RLX Technology, up from $37.2 million in the prior quarter.
  • Across five years, Inventory Average topped out at $67.1 million in Q1 2022 and bottomed at $11.6 million in Q3 2023.
  • A 5-year average of $23.4 million and a median of $16.6 million in 2023 frame the typical range for Inventory Average.
  • Annual changes were most pronounced in 2022 — Inventory Average slumped 86.14% — and 2025, when it surged 176.88%.
  • RLX Technology's Inventory Average stood at $13.1 million in 2022, then climbed by 17.92% to $15.4 million in 2023, then grew by 1.93% to $15.7 million in 2024, then surged by 136.61% to $37.2 million in 2025, then gained by 28.96% to $48.0 million in 2026.
  • Business Quant data shows RLX's Inventory Average at $48.0 million in Q1 2026, $37.2 million in Q4 2025, and $32.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 11.44 Bn
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - 6.31 Bn
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 1.11 Bn
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 47.98 Mn
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 118.78 Mn
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn -
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 5.26 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 3.89 Mn
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 531,848.00
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -

Historic Data

Download Data
DateValue
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