RLX Technology (RLX) Operating Expenses (2019 - 2026)

RLX Technology (RLX) has reported Operating Expenses for 8 consecutive years, with -$33.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 18.22% year-over-year to -$33.5 million; the trailing twelve-month figure through Jun 2026 stood at -$141.8 million (down 26.48% YoY), and the FY2025 full-year result was -$122.3 million, down 7.06% from the prior year.
• Operating Expenses grew to -$33.5 million in Q2 2026 per RLX's latest filing, from -$37.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$5.3 million in Q1 2022 and bottomed at -$90.0 million in Q4 2022.
• Historically, Operating Expenses has averaged -$34.1 million across 5 years, with a median of -$31.3 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 97.15% in 2022, then slumped 1052.54% in 2023.
• Over 5 years, Operating Expenses stood at -$90.0 million in 2022, then jumped by 58.68% to -$37.2 million in 2023, then increased by 14.7% to -$31.7 million in 2024, then decreased by 7.83% to -$34.2 million in 2025, then grew by 1.96% to -$33.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$33.5 million, -$37.6 million, and -$34.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.