RLX Technology (RLX) Market Capitalization (2021 - 2026)
RLX Technology's (RLX) quarterly Market Capitalization came in at $2.9 billion in Q2 2026, down 14.03% on a YoY basis from $3.4 billion in Q2 2025, and down 13.64% quarter-over-quarter from $3.4 billion in Q1 2026.
Analysis
RLX Technology (RLX) Market Capitalization (2021 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Market Capitalization for 6 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Market Capitalization fell 14.03% year-over-year to $2.9 billion; the trailing twelve-month figure through Jun 2026 stood at $2.9 billion (down 14.03% YoY), and the FY2025 full-year result was $3.6 billion, up 7.87% from the prior year.
- Market Capitalization fell to $2.9 billion in Q2 2026 per RLX's latest filing, from $3.4 billion in the prior quarter.
- Across five years, Market Capitalization topped out at $4.6 billion in Q1 2023 and bottomed at $1.6 billion in Q3 2022.
- Historically, Market Capitalization has averaged $3.2 billion across 5 years, with a median of $3.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Market Capitalization tumbled 81.17% in 2022, then jumped 62.53% in 2023.
- Over 5 years, Market Capitalization stood at $3.6 billion in 2022, then decreased by 13.04% to $3.1 billion in 2023, then climbed by 6.5% to $3.3 billion in 2024, then rose by 7.87% to $3.6 billion in 2025, then declined by 18.45% to $2.9 billion in 2026.
- According to Business Quant data, Market Capitalization over the past three periods registered $2.9 billion, $3.4 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 289.42 Bn | 283.42 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 113.23 Bn | 110.86 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.45 Bn | 1.18 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 441,498.49 | -5.62 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.94 Bn |
| Mar 31, 2026 | 3.41 Bn |
| Dec 31, 2025 | 3.61 Bn |
| Sep 30, 2025 | 4.07 Bn |
| Jun 30, 2025 | 3.42 Bn |
| Mar 31, 2025 | 2.91 Bn |
| Dec 31, 2024 | 3.35 Bn |
| Sep 30, 2024 | 2.84 Bn |
| Jun 30, 2024 | 2.89 Bn |
| Mar 31, 2024 | 3.02 Bn |
| Dec 31, 2023 | 3.14 Bn |
| Sep 30, 2023 | 2.37 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 3.61 Bn |
| Sep 30, 2022 | 1.64 Bn |
| Jun 30, 2022 | 3.34 Bn |
| Mar 31, 2022 | 2.80 Bn |
| Dec 31, 2021 | 6.11 Bn |
| Sep 30, 2021 | 6.49 Bn |