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RLX Technology (RLX) Operating Expenses (2019 - 2025)

RLX Technology filings provide 7 years of Operating Expenses readings, the most recent being -$34.2 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 7.83% to -$34.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$120.1 million, a 3.73% decrease, with the full-year FY2025 number at $122.3 million, up 7.06% from a year prior.
  • Operating Expenses hit -$34.2 million in Q4 2025 for RLX Technology, up from -$36.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $37.5 million in Q3 2021 to a low of -$185.6 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was -$29.6 million (2024), compared with a mean of -$37.7 million.
  • Biggest five-year swings in Operating Expenses: soared 168.21% in 2021 and later tumbled 1052.54% in 2023.
  • RLX Technology's Operating Expenses stood at -$36.3 million in 2021, then crashed by 147.58% to -$90.0 million in 2022, then skyrocketed 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.
  • The last three reported values for Operating Expenses were -$34.2 million (Q4 2025), -$36.4 million (Q3 2025), and -$28.4 million (Q2 2025) per Business Quant data.