RLX Technology (RLX) Net Cash Flow (2019 - 2026)
RLX Technology's (RLX) quarterly Net Cash Flow came in at -$152.1 million in Q1 2026, down 44.13% YoY from -$272.2 million in Q1 2025, and down 152.26% on a QoQ basis from $291.0 million in Q4 2025.
RLX Technology (RLX) Net Cash Flow (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of Net Cash Flow data on file, last reported at -$152.1 million in Q1 2026.
- Quarterly Net Cash Flow fell 44.13% year-over-year to -$152.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$38.6 million (down 111.35% YoY) and the FY2025 annual result came in at -$54987.1, down 100.01% from the prior year.
- Net Cash Flow eased to -$152.1 million in Q1 2026, from $291.0 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $310.7 million in Q4 2024 to a low of -$425.0 million in Q2 2022.
- A 5-year average of -$10.3 million and a median of -$6.7 million in 2024 frame the typical range for Net Cash Flow.
- Annual changes were most pronounced in 2024 — Net Cash Flow jumped 1350.21% — and 2025, when it slumped 1480.02%.
- Tracing RLX's Net Cash Flow over 5 years: stood at $51.2 million in 2022, then slumped by 148.55% to -$24.8 million in 2023, then jumped by 1350.21% to $310.7 million in 2024, then dropped by 6.34% to $291.0 million in 2025, then slumped by 152.26% to -$152.1 million in 2026.
- The last three Net Cash Flow figures came in at -$152.1 million (Q1 2026), $291.0 million (Q4 2025), and -$50.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 543.00 Mn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | -1.17 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | 75.86 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 75.25 Mn |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | 111.53 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 468,318.00 |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 8.65 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | -7.26 Mn |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | -551,373.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -152.06 Mn |
| Mar 31, 2026 | -152.06 Mn |
| Dec 31, 2025 | 290.98 Mn |
| Dec 31, 2025 | 290.98 Mn |
| Sep 30, 2025 | -49.99 Mn |
| Sep 30, 2025 | -49.99 Mn |
| Jun 30, 2025 | -127.57 Mn |
| Jun 30, 2025 | -127.57 Mn |
| Mar 31, 2025 | -105.50 Mn |
| Mar 31, 2025 | -105.50 Mn |
| Dec 31, 2024 | 310.68 Mn |
| Dec 31, 2024 | 310.68 Mn |
| Sep 30, 2024 | 31.48 Mn |
| Sep 30, 2024 | 31.48 Mn |
| Jun 30, 2024 | 103.74 Mn |
| Jun 30, 2024 | 103.74 Mn |
| Mar 31, 2024 | -6.68 Mn |
| Mar 31, 2024 | -6.68 Mn |
| Dec 31, 2023 | -24.85 Mn |
| Dec 31, 2023 | -24.85 Mn |