RLX Technology (RLX) Operating Income (2019 - 2026)
RLX Technology (RLX) posted Operating Income of $35.5 million for Q1 2026, up 108.57% on a QoQ basis from $17.0 million in Q4 2025, and up 232.32% year-over-year from $10.7 million in Q1 2025.
RLX Technology (RLX) Operating Income (2019 - 2026) Analysis & Trends
RLX Technology's Operating Income history runs 8 years deep, the most recent figure standing at $35.5 million for Q1 2026.
- Quarterly Operating Income rose 232.32% year-over-year to $35.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $71.0 million (up 2280.39% YoY) and the FY2025 annual result came in at $47.0 million, up 420.08% from the prior year.
- Operating Income was $35.5 million for Q1 2026 at RLX Technology, up from $17.0 million in the prior quarter.
- Across five years, Operating Income topped out at $98.3 million in Q1 2022 and bottomed at -$68.5 million in Q4 2022.
- A 5-year average of $9.2 million and a median of $5.4 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income tumbled 181.7% — and 2025, when it surged 1175.52%.
- RLX Technology's Operating Income stood at -$68.5 million in 2022, then surged by 71.09% to -$19.8 million in 2023, then jumped by 92.01% to -$1.6 million in 2024, then jumped by 1175.52% to $17.0 million in 2025, then surged by 108.57% to $35.5 million in 2026.
- Business Quant data shows RLX's Operating Income at $35.5 million in Q1 2026, $17.0 million in Q4 2025, and $13.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 3.89 Bn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 2.96 Bn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 35.47 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 12.48 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | -14.96 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | -9.48 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -4.03 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | -464,467.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | -5.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.47 Mn |
| Dec 31, 2025 | 17.00 Mn |
| Sep 30, 2025 | 13.10 Mn |
| Jun 30, 2025 | 5.44 Mn |
| Mar 31, 2025 | 10.67 Mn |
| Dec 31, 2024 | -1.58 Mn |
| Sep 30, 2024 | -1.52 Mn |
| Jun 30, 2024 | -4.59 Mn |
| Mar 31, 2024 | -7.15 Mn |
| Dec 31, 2023 | -19.79 Mn |
| Sep 30, 2023 | -5.38 Mn |
| Jun 30, 2023 | 7.08 Mn |
| Mar 31, 2023 | -54.35 Mn |
| Dec 31, 2022 | -68.46 Mn |
| Sep 30, 2022 | 65.40 Mn |
| Jun 30, 2022 | 66.73 Mn |
| Mar 31, 2022 | 98.35 Mn |
| Dec 31, 2021 | 83.80 Mn |
| Sep 30, 2021 | 139.26 Mn |
| Jun 30, 2021 | 151.68 Mn |