RLX Technology (RLX) Operating Leases (2019 - 2026)
RLX Technology's (RLX) quarterly Operating Leases came in at $8.3 million in Q2 2026, up 89.31% on a YoY basis from $4.4 million in Q2 2025, and up 13.01% quarter-over-quarter from $7.3 million in Q1 2026.
Analysis
RLX Technology (RLX) Operating Leases (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Operating Leases for 8 consecutive years, with $8.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 89.31% year-over-year to $8.3 million; the trailing twelve-month figure through Jun 2026 stood at $8.3 million (up 89.31% YoY), and the FY2025 full-year result was $8.0 million, up 724.12% from the prior year.
- Operating Leases grew to $8.3 million in Q2 2026 per RLX's latest filing, from $7.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $20.8 million in Q4 2024 and bottomed at -$100.3 million in Q4 2022.
- Historically, Operating Leases has averaged -$3.4 million across 5 years, with a median of $4.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases sank 154.24% in 2022, then jumped 305.7% in 2025.
- Over 5 years, Operating Leases stood at -$100.3 million in 2022, then soared by 32.86% to -$67.4 million in 2023, then jumped by 130.91% to $20.8 million in 2024, then plunged by 62.3% to $7.8 million in 2025, then advanced by 5.35% to $8.3 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $8.3 million, $7.3 million, and $7.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 289.42 Bn | 283.42 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 113.23 Bn | 110.86 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.45 Bn | 1.18 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 441,498.49 | -5.62 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.27 Mn |
| 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 | 20.82 Mn |
| Sep 30, 2024 | 1.02 Mn |
| Jun 30, 2024 | 1.81 Mn |
| Mar 31, 2024 | 2.49 Mn |
| Dec 31, 2023 | -67.36 Mn |
| Sep 30, 2023 | 4.06 Mn |
| Jun 30, 2023 | 5.36 Mn |
| Mar 31, 2023 | 4.67 Mn |
| Dec 31, 2022 | -100.32 Mn |
| Sep 30, 2022 | 5.35 Mn |
| Jun 30, 2022 | 13.12 Mn |
| Mar 31, 2022 | 14.35 Mn |
| Dec 31, 2021 | 184.95 Mn |
| Sep 30, 2021 | 18.82 Mn |