RLX Technology (RLX) Share-based Compensation (2018 - 2025)

RLX Technology (RLX) has reported Share-based Compensation for 8 consecutive years, with $34.1 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Share-based Compensation rose 228.02% year-over-year to $34.1 million; the trailing twelve-month figure through Dec 2025 stood at $34.1 million (up 228.02% YoY), and the FY2025 full-year result was $26.6 million, down 47.41% from the prior year.
• Share-based Compensation climbed to $34.1 million in Q4 2025 per RLX's latest filing, from $10.4 million in the prior quarter.
• Across five years, Share-based Compensation topped out at $34.1 million in Q4 2025 and bottomed at $2.2 million in Q4 2021.
• Historically, Share-based Compensation has averaged $12.0 million across 5 years, with a median of $7.3 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Share-based Compensation increased 24.87% in 2023, then surged 228.02% in 2025.
• Over 5 years, Share-based Compensation stood at $2.2 million in 2021, then surged by 167.7% to $5.8 million in 2022, then climbed by 24.87% to $7.3 million in 2023, then surged by 42.8% to $10.4 million in 2024, then jumped by 228.02% to $34.1 million in 2025.
• According to Business Quant data, Share-based Compensation over the past three periods registered $34.1 million, $10.4 million, and $7.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.