RLX Technology (RLX) Inventory (2019 - 2026)
RLX Technology (RLX) recorded Inventory of $61.35 million in the quarter ended Jun 30, 2026, up 92.9% from $31.81 million a year earlier and up 13.6% from the prior quarter.
RLX Technology (RLX) Inventory (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, RLX Technology reported Inventory of $42.57 million, up 118.0% from the prior year.
- Annual Inventory has a five-year compound annual growth rate of -3.3% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Inventory came in at $19.53 million in the year ended Dec 31, 2024 (-4.3%), $20.4 million in the year ended Dec 31, 2023 (+7.5%), $18.98 million in the year ended Dec 31, 2022 (-79.5%) and $92.44 million in the year ended Dec 31, 2021 (+83.3%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Inventory since the quarter ended Dec 31, 2021.
- On a year-over-year basis, Inventory has increased for six consecutive quarters, with growth averaging 102.2% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 236.3% in the quarter ended Mar 31, 2026, against a decline of 92.0% in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $53.99 million (quarter ended Mar 31, 2026), $41.97 million (quarter ended Dec 31, 2025) and $32.44 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 11.44 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | 6.50 Bn |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 1.06 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 244.72 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 61.35 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 186.87 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 180.98 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 52.70 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 133.43 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 222.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.35 Mn |
| Mar 31, 2026 | 53.99 Mn |
| Dec 31, 2025 | 41.97 Mn |
| Sep 30, 2025 | 32.44 Mn |
| Jun 30, 2025 | 31.81 Mn |
| Mar 31, 2025 | 16.05 Mn |
| Dec 31, 2024 | 19.85 Mn |
| Sep 30, 2024 | 11.60 Mn |
| Jun 30, 2024 | 11.60 Mn |
| Mar 31, 2024 | 13.82 Mn |
| Dec 31, 2023 | 20.12 Mn |
| Sep 30, 2023 | 10.74 Mn |
| Jun 30, 2023 | 12.44 Mn |
| Mar 31, 2023 | 14.85 Mn |
| Dec 31, 2022 | 18.41 Mn |
| Sep 30, 2022 | 7.76 Mn |
| Jun 30, 2022 | 19.94 Mn |
| Mar 31, 2022 | 42.04 Mn |
| Dec 31, 2021 | 92.14 Mn |
| Sep 30, 2021 | 96.69 Mn |
RLX Technology Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=RLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();