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 Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 2.48 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 90.71 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 35.89 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 288.07 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 5.01 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 73.97 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 5.35 Mn |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 884,406.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 3.49 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | 1.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 90.71 Mn |
| Dec 31, 2025 | 137.42 Mn |
| Sep 30, 2025 | 47.32 Mn |
| Jun 30, 2025 | 49.36 Mn |
| Mar 31, 2025 | 54.50 Mn |
| Dec 31, 2024 | 63.99 Mn |
| Sep 30, 2024 | 49.17 Mn |
| Jun 30, 2024 | 44.56 Mn |
| Mar 31, 2024 | 29.91 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Sep 30, 2023 | 33.18 Mn |
| Jun 30, 2023 | 18.87 Mn |
| Mar 31, 2023 | 6.92 Mn |
| Dec 31, 2022 | 37.87 Mn |
| Sep 30, 2022 | 97.41 Mn |
| Jun 30, 2022 | 210.04 Mn |
| Mar 31, 2022 | 158.25 Mn |
| Dec 31, 2021 | 201.59 Mn |
| Sep 30, 2021 | 224.05 Mn |
| Jun 30, 2021 | 336.97 Mn |