RLX Technology (RLX) Payables (2019 - 2026)
RLX Technology's (RLX) quarterly Payables came in at $91.1 million in Q1 2026, up 66.85% YoY from $54.6 million in Q1 2025, and down 33.71% on a QoQ basis from $137.4 million in Q4 2025.
RLX Technology (RLX) Payables (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of Payables data on file, last reported at $91.1 million in Q1 2026.
- Quarterly Payables rose 66.85% year-over-year to $91.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $91.1 million (up 66.85% YoY) and the FY2025 annual result came in at $137.4 million, up 100.74% from the prior year.
- Payables retreated to $91.1 million in Q1 2026, from $137.4 million in the prior quarter.
- In the past five years, Payables ranged from a high of $206.8 million in Q2 2022 to a low of $6.9 million in Q1 2023.
- A 5-year average of $67.8 million and a median of $49.8 million in 2025 frame the typical range for Payables.
- Annual changes were most pronounced in 2023 — Payables sank 95.65% — and 2024, when it jumped 329.56%.
- Tracing RLX's Payables over 5 years: stood at $68.4 million in 2022, then sank by 77.59% to $15.3 million in 2023, then surged by 205.94% to $46.9 million in 2024, then surged by 193.22% to $137.4 million in 2025, then slumped by 33.71% to $91.1 million in 2026.
- The last three Payables figures came in at $91.1 million (Q1 2026), $137.4 million (Q4 2025), and $47.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 9.57 Bn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | 60.16 Bn |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 2.46 Bn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 49.83 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 35.29 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 657.99 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 5.01 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 74.67 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 6.01 Mn |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.09 Mn |
| Dec 31, 2025 | 137.42 Mn |
| Sep 30, 2025 | 47.57 Mn |
| Jun 30, 2025 | 49.84 Mn |
| Mar 31, 2025 | 54.59 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 | 93.66 Mn |
| Jun 30, 2022 | 206.78 Mn |
| Mar 31, 2022 | 158.43 Mn |
| Dec 31, 2021 | 324.02 Mn |
| Sep 30, 2021 | 224.94 Mn |
| Jun 30, 2021 | 337.24 Mn |