RLX Technology (RLX) Notes Payables (2019 - 2026)
RLX Technology's Notes Payables was $24.34 million in the quarter ended Jun 30, 2026, up 67.5% from $14.53 million a year earlier and up 24.2% from the prior quarter.
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Analysis
RLX Technology (RLX) Notes Payables (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Notes Payables at RLX Technology came in at $13.17 million, up 139.5% from the prior year.
- Notes Payables shows a five-year compound annual growth rate of -37.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Notes Payables was $5.5 million in the year ended Dec 31, 2024, $32.3 million in the year ended Dec 31, 2022 (-73.4%) and $121.35 million in the year ended Dec 31, 2021 (-9.4%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Notes Payables since the quarter ended Dec 31, 2022.
- Compared with a year earlier, Notes Payables has increased for three straight quarters.
- Per Business Quant data, RLX's Notes Payables in the three quarters before the quarter ended Jun 30, 2026 was $19.6 million (quarter ended Mar 31, 2026), $12.99 million (quarter ended Dec 31, 2025) and $15.92 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.04 Bn | 279.04 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 131.52 Bn | 107.88 Bn | - |
| 3 | Altria | 126.46 Bn | 113.39 Bn | 3.94 Bn |
| 4 | Curaleaf Holdings | 2.38 Bn | 2.00 Bn | 170.48 Mn |
| 5 | Trulieve Cannabis | 2.12 Bn | 734.90 Mn | 162.29 Mn |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn |
| 7 | Green Thumb Industries | 1.43 Bn | 198.72 Mn | 146.79 Mn |
| 8 | Cronos | 1.33 Bn | -1.95 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.25 Bn | 361.97 Mn | 93.70 Mn |
| 10 | Tilray Brands | 380.69 Mn | -586.82 Mn | 77.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.34 Mn |
| Mar 31, 2026 | 19.60 Mn |
| Dec 31, 2025 | 14.32 Mn |
| Sep 30, 2025 | 15.92 Mn |
| Jun 30, 2025 | 14.53 Mn |
| Mar 31, 2025 | 8.27 Mn |
| Dec 31, 2024 | 22.34 Mn |
| Dec 31, 2023 | 22.09 Mn |
| Dec 31, 2022 | 31.14 Mn |
| Sep 30, 2022 | 14.06 Mn |
| Jun 30, 2022 | 14.93 Mn |
| Mar 31, 2022 | 15.78 Mn |
| Dec 31, 2021 | 122.84 Mn |
| Dec 31, 2020 | 141.67 Mn |
| Dec 31, 2019 | 49.89 Mn |
API Access
RLX Technology Notes Payables 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=notes-payables&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();