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

RLX Technology's Operating Expenses history runs 8 years deep, the most recent figure standing at -$37.6 million for Q1 2026.

• Quarterly Operating Expenses fell 77.92% year-over-year to -$37.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$136.6 million (down 24.14% YoY) and the FY2025 annual result came in at $122.3 million, up 7.06% from the prior year.
• Operating Expenses was -$37.6 million for Q1 2026 at RLX Technology, down from -$34.2 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.
• A 5-year average of -$34.2 million and a median of -$30.9 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 97.15% — and 2023, when it plunged 1052.54%.
• RLX Technology's 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 decreased by 10.08% to -$37.6 million in 2026.
• Business Quant data shows RLX's Operating Expenses at -$37.6 million in Q1 2026, -$34.2 million in Q4 2025, and -$36.4 million in Q3 2025.