RLX Technology (RLX) Revenue (2019 - 2026)

RLX Technology (RLX) posted Revenue of $229.9 million for Q1 2026, up 40.86% on a QoQ basis from $163.2 million in Q4 2025, and up 106.39% year-over-year from $111.4 million in Q1 2025.

RLX Technology (RLX) Revenue (2019 - 2026) Analysis & Trends

RLX Technology's Revenue history runs 8 years deep, the most recent figure standing at $229.9 million for 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 was $229.9 million for Q1 2026 at RLX Technology, up from $163.2 million in the prior quarter.
  • Across five years, Revenue topped out at $333.5 million in Q2 2022 and bottomed at $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 tumbled 89.83% — and 2024, when it soared 177.78%.
  • RLX Technology's Revenue stood at $49.3 million in 2022, then surged by 48.7% to $73.3 million in 2023, then soared by 52.03% to $111.4 million in 2024, then soared by 46.44% to $163.2 million in 2025, then surged by 40.86% to $229.9 million in 2026.
  • Business Quant data shows RLX's Revenue at $229.9 million in Q1 2026, $163.2 million in Q4 2025, and $158.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 10.15 Bn
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 5.43 Bn
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 229.90 Mn
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 124.28 Mn
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn 715.24 Mn
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 18.69 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 13.29 Mn
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 580,071.00
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 448,000.00

Historic Data

Download Data
DateValue
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