RLX Technology (RLX) Shares Outstanding (2019 - 2026)
RLX Technology's Shares Outstanding was 1.22 billion in the quarter ended Jun 30, 2026, down 0.7% from 1.23 billion a year earlier and unchanged from the prior quarter.
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Analysis
RLX Technology (RLX) Shares Outstanding (2019 - 2026) Analysis & Trends
From the quarter ended Dec 31, 2019 onward, RLX Technology has reported Shares Outstanding for 27 quarters.
- Shares Outstanding has now declined for five consecutive years, with a five-year compound annual growth rate of -3.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Shares Outstanding was 1.23 billion in the year ended Dec 31, 2024 (-6.0%), 1.31 billion in the year ended Dec 31, 2023 (-0.6%), 1.32 billion in the year ended Dec 31, 2022 (-5.8%) and 1.4 billion in the year ended Dec 31, 2021 (-2.5%).
- Quarterly Shares Outstanding has moved between 1.22 billion (the quarter ended Dec 31, 2025) and 1.44 billion (the quarter ended Sep 30, 2021) over five years.
- Compared with a year earlier, Shares Outstanding has declined for 19 straight quarters, with an average decline of 3.4% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 0.0% (the quarter ended Sep 30, 2021) to 6.0% (the quarter ended Dec 31, 2024).
- Per Business Quant data, RLX's Shares Outstanding in the three quarters before the quarter ended Jun 30, 2026 was 1.22 billion (quarter ended Mar 31, 2026), 1.22 billion (quarter ended Dec 31, 2025) and 1.23 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 2.19 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 263.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 221.02 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 373.61 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 19.89 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 73.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 1.22 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 1.23 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 1.23 Bn |
| Sep 30, 2024 | 1.31 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.31 Bn |
| Dec 31, 2023 | 1.31 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.32 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.40 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.40 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.44 Bn |
API Access
RLX Technology Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();