RLX Technology (RLX) Payables (2019 - 2026)
RLX Technology (RLX) posted Payables of $90.7 million for Q1 2026, down 33.99% quarter-over-quarter from $137.4 million in Q4 2025, and up 66.45% year-on-year from $54.5 million in Q1 2025.
RLX Technology (RLX) Payables (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Payables for 8 consecutive years, with $90.7 million the latest figure, recorded in Q1 2026.
- Payables for Q1 2026 came in at $90.7 million, up 66.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $90.7 million (up 66.45% YoY), and the FY2025 annual result was $135.6 million, up 98.06% from the prior year.
- Payables was $90.7 million for Q1 2026 at RLX Technology, down from $137.4 million in the prior quarter.
- Over five years, Payables peaked at $210.0 million in Q2 2022 and troughed at $6.9 million in Q1 2023.
- Average Payables over 5 years is $67.3 million, with a median of $49.2 million recorded in 2024.
- Year-over-year, Payables slumped 95.64% in 2023 and soared 333.73% in 2024.
- Over 5 years, Payables stood at $37.9 million in 2022, then slumped by 59.55% to $15.3 million in 2023, then jumped by 317.78% to $64.0 million in 2024, then jumped by 114.73% to $137.4 million in 2025, then slumped by 33.99% to $90.7 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $90.7 million in Q1 2026, $137.4 million in Q4 2025, and $47.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Capitalization | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.69 Bn | 294.22 Bn | 6.91 Bn | 11.93 Bn |
| 2 | British American Tobacco p.l.c | 130.91 Bn | 125.90 Bn | - | 16.88 Bn |
| 3 | Altria | 120.57 Bn | 117.09 Bn | 3.51 Bn | 2.48 Bn |
| 4 | RLX Technology | 2.48 Bn | 1.83 Bn | 73.10 Mn | 110.68 Mn |
| 5 | Turning Point Brands | 1.40 Bn | 1.39 Bn | 68.30 Mn | 35.89 Mn |
| 6 | Universal | 1.32 Bn | 1.13 Bn | 98.47 Mn | 288.07 Mn |
| 7 | Ispire Technology | 89.95 Mn | 71.87 Mn | 1.99 Mn | 5.01 Mn |
| 8 | VPR Brands | 11.93 Mn | 9.21 Mn | 138,574.00 | 906,203.00 |
| 9 | Lftd Partners | 2.82 Mn | 725,179.78 | -1.71 Mn | 3.49 Mn |
| 10 | Rythm | 1.41 Mn | -31.85 Mn | 10.40 Mn | 73.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 110.68 Mn |
| Dec 31, 2025 | 137.42 Mn |
| Sep 30, 2025 | 63.49 Mn |
| Jun 30, 2025 | 64.38 Mn |
| Mar 31, 2025 | 62.86 Mn |
| Dec 31, 2024 | 46.86 Mn |
| Sep 30, 2024 | 50.22 Mn |
| Jun 30, 2024 | 44.56 Mn |
| Mar 31, 2024 | 29.62 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Sep 30, 2023 | 32.90 Mn |
| Jun 30, 2023 | 18.23 Mn |
| Mar 31, 2023 | 6.90 Mn |
| Dec 31, 2022 | 68.36 Mn |
| Sep 30, 2022 | 107.72 Mn |
| Jun 30, 2022 | 221.71 Mn |
| Mar 31, 2022 | 174.21 Mn |
| Dec 31, 2021 | 324.02 Mn |
| Sep 30, 2021 | 224.94 Mn |
| Jun 30, 2021 | 337.24 Mn |