RLX Technology (RLX) Shares Outstanding (Diluted) (2019 - 2026)
RLX Technology (RLX) recorded Shares Outstanding (Diluted) of 1.22 billion in the quarter ended Jun 30, 2026, down 5.0% from 1.29 billion a year earlier and unchanged from the prior quarter.
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Analysis
RLX Technology (RLX) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
Starting with the quarter ended Dec 31, 2019, RLX Technology's Shares Outstanding (Diluted) history includes 27 quarters.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of -3.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 1.29 billion in the year ended Dec 31, 2024 (-3.8%), 1.34 billion in the year ended Dec 31, 2023 (+0.9%), 1.33 billion in the year ended Dec 31, 2022 (-5.8%) and 1.41 billion in the year ended Dec 31, 2021 (-1.9%).
- Quarterly Shares Outstanding (Diluted) has ranged from 1.22 billion in the quarter ended Dec 31, 2025 to 1.44 billion in the quarter ended Sep 30, 2021 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for seven consecutive quarters, with an average decline of 3.7% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 0.9% in the quarter ended Sep 30, 2024, against a decline of 5.8% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.22 billion (quarter ended Mar 31, 2026), 1.22 billion (quarter ended Dec 31, 2025) and 1.29 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (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 | - | 2.20 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 | 270.70 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 | 222.78 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 375.06 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 20.16 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 | 1.29 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.34 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Sep 30, 2023 | 1.33 Bn |
| Jun 30, 2023 | 1.33 Bn |
| Mar 31, 2023 | 1.33 Bn |
| Dec 31, 2022 | 1.33 Bn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.41 Bn |
| Mar 31, 2022 | 1.41 Bn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 1.44 Bn |
API Access
RLX Technology Shares Outstanding (Diluted) 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-diluted&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();