RLX Technology (RLX) Operating Leases (2019 - 2026)
RLX Technology's (RLX) quarterly Operating Leases came in at $7.3 million in Q1 2026, up 300.49% YoY from $1.8 million in Q1 2025, and down 6.78% on a QoQ basis from $7.8 million in Q4 2025.
RLX Technology (RLX) Operating Leases (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of Operating Leases data on file, last reported at $7.3 million in Q1 2026.
- Quarterly Operating Leases rose 300.49% year-over-year to $7.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.3 million (up 300.49% YoY) and the FY2025 annual result came in at $8.0 million, up 724.12% from the prior year.
- Operating Leases fell to $7.3 million in Q1 2026, from $7.8 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $14.3 million in Q1 2022 to a low of $981470.8 in Q4 2024.
- A 5-year average of $5.2 million and a median of $4.4 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases sank 74.94% — and 2025, when it soared 699.74%.
- Tracing RLX's Operating Leases over 5 years: stood at $5.6 million in 2022, then slumped by 39.65% to $3.4 million in 2023, then sank by 71.06% to $981470.8 in 2024, then soared by 699.74% to $7.8 million in 2025, then dropped by 6.78% to $7.3 million in 2026.
- The last three Operating Leases figures came in at $7.3 million (Q1 2026), $7.8 million (Q4 2025), and $4.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |