RLX Technology (RLX) Revenue (2019 - 2026)
RLX Technology's (RLX) quarterly Revenue came in at $229.9 million in Q1 2026, up 106.39% YoY from $111.4 million in Q1 2025, and up 40.86% on a QoQ basis from $163.2 million in Q4 2025.
RLX Technology (RLX) Revenue (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of Revenue data on file, last reported at $229.9 million in Q1 2026.
- Quarterly Revenue rose 106.39% year-over-year to $229.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $674.6 million (up 61.8% YoY) and the FY2025 annual result came in at $566.1 million, up 50.34% from the prior year.
- Revenue improved to $229.9 million in Q1 2026, from $163.2 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $333.5 million in Q2 2022 to a low of $27.5 million in Q1 2023.
- A 5-year average of $128.2 million and a median of $111.4 million in 2025 frame the typical range for Revenue.
- Annual changes were most pronounced in 2023 — Revenue plunged 89.83% — and 2024, when it soared 177.78%.
- Tracing RLX's Revenue over 5 years: stood at $49.3 million in 2022, then soared by 48.7% to $73.3 million in 2023, then jumped by 52.03% to $111.4 million in 2024, then jumped by 46.44% to $163.2 million in 2025, then soared by 40.86% to $229.9 million in 2026.
- The last three Revenue figures came in at $229.9 million (Q1 2026), $163.2 million (Q4 2025), and $158.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 11.19 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 | 6.11 Bn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 148.92 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 142.96 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 523.78 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 18.69 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 23.02 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 82,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 703,770.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 229.90 Mn |
| Dec 31, 2025 | 163.21 Mn |
| Sep 30, 2025 | 158.63 Mn |
| Jun 30, 2025 | 122.84 Mn |
| Mar 31, 2025 | 111.39 Mn |
| Dec 31, 2024 | 111.45 Mn |
| Sep 30, 2024 | 107.77 Mn |
| Jun 30, 2024 | 86.30 Mn |
| Mar 31, 2024 | 76.40 Mn |
| Dec 31, 2023 | 73.31 Mn |
| Sep 30, 2023 | 58.67 Mn |
| Jun 30, 2023 | 52.15 Mn |
| Mar 31, 2023 | 27.50 Mn |
| Dec 31, 2022 | 49.30 Mn |
| Sep 30, 2022 | 146.82 Mn |
| Jun 30, 2022 | 333.51 Mn |
| Mar 31, 2022 | 270.45 Mn |
| Dec 31, 2021 | 298.84 Mn |
| Sep 30, 2021 | 260.22 Mn |
| Jun 30, 2021 | 393.61 Mn |