RLX Technology (RLX) Invested Capital (2019 - 2026)
RLX Technology (RLX) posted Invested Capital of $2.3 billion for Q1 2026, up 4.36% quarter-over-quarter from $2.2 billion in Q4 2025, and up 28109.38% year-on-year from N/an in Q1 2025.
RLX Technology (RLX) Invested Capital (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Invested Capital for 8 consecutive years, with $2.3 billion the latest figure, recorded in Q1 2026.
- Invested Capital for Q1 2026 came in at $2.3 billion, up 28109.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 20664.59% YoY), and the FY2025 annual result was $2.2 billion, changed 0.28% from the prior year.
- Invested Capital was $2.3 billion for Q1 2026 at RLX Technology, up from $2.2 billion in the prior quarter.
- Over five years, Invested Capital peaked at $2.3 billion in Q1 2026 and troughed at $156000.0 in Q1 2023.
- Average Invested Capital over 5 years is $1.1 billion, with a median of $1.1 billion recorded in 2022.
- Year-over-year, Invested Capital slumped 99.99% in 2023 and jumped 1384977.79% in 2024.
- Over 5 years, Invested Capital stood at $2.2 billion in 2022, then retreated by 0.85% to $2.2 billion in 2023, then rose by 3.0% to $2.2 billion in 2024, then declined by 0.02% to $2.2 billion in 2025, then gained by 4.36% to $2.3 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $2.3 billion in Q1 2026, $2.2 billion in Q4 2025, and $15.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 21.44 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 2.33 Bn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 385.49 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 1.46 Bn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -15.11 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 45.20 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 50.08 Mn |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 1.46 Mn |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 8.47 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | 21.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.33 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 15.84 Mn |
| Jun 30, 2025 | 14.39 Mn |
| Mar 31, 2025 | 8.25 Mn |
| Dec 31, 2024 | 2.23 Bn |
| Sep 30, 2024 | 1.45 Mn |
| Jun 30, 2024 | 1.51 Mn |
| Mar 31, 2024 | 2.16 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 2.20 Bn |
| Mar 31, 2023 | 156,551.34 |
| Dec 31, 2022 | 2.19 Bn |
| Sep 30, 2022 | 14.62 Mn |
| Jun 30, 2022 | 15.16 Mn |
| Mar 31, 2022 | 2.15 Bn |
| Dec 31, 2021 | 2.11 Bn |
| Sep 30, 2021 | 2.05 Bn |
| Jun 30, 2021 | 1.98 Bn |
| Mar 31, 2021 | 1.90 Bn |