RLX Technology (RLX) Market Capitalization (2021 - 2026)
RLX Technology's Market Capitalization came in at $2.94 billion for the quarter ended Jun 30, 2026, down 14.0% from $3.42 billion a year earlier and down 13.6% from the prior quarter.
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Analysis
RLX Technology (RLX) Market Capitalization (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, RLX Technology's Market Capitalization was $3.61 billion, up 7.9% from the prior year.
- Market Capitalization carries a four-year compound annual growth rate of -12.3% (years ended Dec 2021 to Dec 2025).
- Going back by year, Market Capitalization was $3.35 billion in the year ended Dec 31, 2024 (+6.5%), $3.14 billion in the year ended Dec 31, 2023 (-13.0%), $3.61 billion in the year ended Dec 31, 2022 (-40.8%) and $6.11 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Market Capitalization since the quarter ended Mar 31, 2025.
- Year-over-year, Market Capitalization increased in six of the last eight quarters, with growth averaging 11.9%.
- The fastest year-over-year change in Market Capitalization over five years came in the quarter ended Mar 31, 2023 (growth of 62.5%), and the weakest in the quarter ended Mar 31, 2022 (a decline of 81.2%).
- Business Quant data shows RLX's Market Capitalization at $3.41 billion (quarter ended Mar 31, 2026), $3.61 billion (quarter ended Dec 31, 2025) and $4.07 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn |
| 10 | Tilray Brands | 406.02 Mn | -561.48 Mn | 77.51 Mn |
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 | 4.13 Bn |
| Jun 30, 2025 | 3.47 Bn |
| Mar 31, 2025 | 2.95 Bn |
| Dec 31, 2024 | 3.39 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 |
API Access
RLX Technology Market Capitalization 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=market-capitalization&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();