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| 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 |