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| 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 |