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

RLX Technology (RLX) posted Operating Leases of $7.3 million for Q1 2026, down 6.78% quarter-over-quarter from $7.8 million in Q4 2025, and up 300.49% year-on-year from $1.8 million in Q1 2025.

RLX Technology (RLX) Operating Leases (2019 - 2026) Analysis & Trends

RLX Technology (RLX) has reported Operating Leases for 8 consecutive years, with $7.3 million the latest figure, recorded in Q1 2026.

  • Operating Leases for Q1 2026 came in at $7.3 million, up 300.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.3 million (up 300.49% YoY), and the FY2025 annual result was $8.0 million, up 724.12% from the prior year.
  • Operating Leases was $7.3 million for Q1 2026 at RLX Technology, down from $7.8 million in the prior quarter.
  • Over five years, Operating Leases peaked at $14.3 million in Q1 2022 and troughed at $981470.8 in Q4 2024.
  • Average Operating Leases over 5 years is $5.2 million, with a median of $4.4 million recorded in 2025.
  • Year-over-year, Operating Leases tumbled 74.94% in 2024 and surged 699.74% in 2025.
  • Over 5 years, Operating Leases stood at $5.6 million in 2022, then sank by 39.65% to $3.4 million in 2023, then plunged by 71.06% to $981470.8 in 2024, then soared by 699.74% to $7.8 million in 2025, then retreated by 6.78% to $7.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $7.3 million in Q1 2026, $7.8 million in Q4 2025, and $4.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn
10 22nd Century 128,296.63 -9.42 Mn -636,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 7.32 Mn
Dec 31, 2025 7.85 Mn
Sep 30, 2025 4.13 Mn
Jun 30, 2025 4.37 Mn
Mar 31, 2025 1.83 Mn
Dec 31, 2024 981,470.82
Sep 30, 2024 1.02 Mn
Jun 30, 2024 1.81 Mn
Mar 31, 2024 2.49 Mn
Dec 31, 2023 3.39 Mn
Sep 30, 2023 4.06 Mn
Jun 30, 2023 5.36 Mn
Mar 31, 2023 4.67 Mn
Dec 31, 2022 5.62 Mn
Sep 30, 2022 5.35 Mn
Jun 30, 2022 13.12 Mn
Mar 31, 2022 14.35 Mn
Dec 31, 2021 16.30 Mn
Sep 30, 2021 18.82 Mn
Jun 30, 2021 7.72 Mn