RLX Technology (RLX) Share-based Compensation (2020 - 2025)
RLX Technology's (RLX) quarterly Share-based Compensation came in at $34.1 million in Q4 2025, down 19.72% YoY from $42.5 million in Q4 2024, and down 19.72% on a QoQ basis from $42.5 million in Q4 2024.
RLX Technology (RLX) Share-based Compensation (2020 - 2025) Analysis & Trends
RLX Technology (RLX) has 6 years of Share-based Compensation data on file, last reported at $34.1 million in Q4 2025.
- Quarterly Share-based Compensation fell 19.72% year-over-year to $34.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $34.1 million (down 19.72% YoY) and the FY2025 annual result came in at $26.6 million, down 47.41% from the prior year.
- Share-based Compensation slipped to $34.1 million in Q4 2025, from $42.5 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $277.3 million in Q4 2021 to a low of $34.1 million in Q4 2025.
- A 5-year average of $112.2 million and a median of $78.3 million in 2023 frame the typical range for Share-based Compensation.
- Annual changes were most pronounced in 2021 — Share-based Compensation soared 16021.67% — and 2022, when it tumbled 53.61%.
- Tracing RLX's Share-based Compensation over 5 years: stood at $277.3 million in 2021, then plunged by 53.61% to $128.6 million in 2022, then tumbled by 39.15% to $78.3 million in 2023, then slumped by 45.73% to $42.5 million in 2024, then decreased by 19.72% to $34.1 million in 2025.
- The last three Share-based Compensation figures came in at $34.1 million (Q4 2025), $42.5 million (Q4 2024), and $78.3 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 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 | - |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | - |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | - |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 5.38 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 3.48 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 578,000.00 |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 500,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.10 Mn |
| Dec 31, 2025 | 34.10 Mn |
| Dec 31, 2024 | 42.48 Mn |
| Dec 31, 2024 | 42.48 Mn |
| Dec 31, 2023 | 78.28 Mn |
| Dec 31, 2023 | 78.28 Mn |
| Dec 31, 2022 | 128.63 Mn |
| Dec 31, 2022 | 128.63 Mn |
| Dec 31, 2021 | 277.27 Mn |
| Dec 31, 2021 | 277.27 Mn |
| Dec 31, 2020 | 1.72 Mn |
| Dec 31, 2020 | 1.72 Mn |