Growth Metrics

RLX Technology (RLX) Net Margin (2019 - 2025)

Historic Net Margin for Technology (RLX) over the last 7 years, with Q3 2025 value amounting to 17.99%.

  • Technology's Net Margin fell 39100.0% to 17.99% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.16%, marking a year-over-year decrease of 40400.0%. This contributed to the annual value of 146.55% for FY2024, which is 959600.0% down from last year.
  • As of Q3 2025, Technology's Net Margin stood at 17.99%, which was down 39100.0% from 24.67% recorded in Q2 2025.
  • Technology's Net Margin's 5-year high stood at 58.08% during Q3 2021, with a 5-year trough of 67.2% in Q4 2022.
  • Moreover, its 5-year median value for Net Margin was 24.67% (2025), whereas its average is 21.04%.
  • Its Net Margin has fluctuated over the past 5 years, first plummeted by -931100bps in 2022, then surged by 1082100bps in 2023.
  • Quarter analysis of 5 years shows Technology's Net Margin stood at 25.92% in 2021, then crashed by -359bps to 67.2% in 2022, then skyrocketed by 161bps to 41.02% in 2023, then tumbled by -63bps to 14.99% in 2024, then rose by 20bps to 17.99% in 2025.
  • Its last three reported values are 17.99% in Q3 2025, 24.67% for Q2 2025, and 27.47% during Q1 2025.