RLX Technology (RLX) Tax Provisions (2019 - 2026)
RLX Technology (RLX) reported Tax Provisions of -$6.6 million for Q1 2026, down 68.92% on a YoY basis from -$21.1 million in Q1 2025, and down 179.91% quarter-over-quarter from -$2.3 million in Q4 2025.
RLX Technology (RLX) Tax Provisions (2019 - 2026) Analysis & Trends
RLX Technology has reported Tax Provisions for 8 years, with the latest figure at -$6.6 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 68.92% year-over-year to -$6.6 million; the trailing twelve-month figure through Mar 2026 stood at -$19.3 million (down 30.93% YoY), and the FY2025 full-year result was $17.0 million, up 31.48% from the prior year.
- Tax Provisions for Q1 2026 stood at -$6.6 million, down from -$2.3 million in the prior quarter.
- The five-year high for Tax Provisions was $2.6 million in Q1 2023, with the low at -$30.5 million in Q2 2022.
- Historically, Tax Provisions has averaged -$5.8 million across 5 years, with a median of -$3.9 million in 2025.
- Annual changes were most pronounced in 2023 — Tax Provisions soared 114.4% — and 2024, when it slumped 5838.36%.
- RLX Technology's Tax Provisions stood at $2.4 million in 2022, then tumbled by 190.19% to -$2.1 million in 2023, then tumbled by 69.68% to -$3.6 million in 2024, then surged by 34.96% to -$2.3 million in 2025, then tumbled by 179.91% to -$6.6 million in 2026.
- The last three Tax Provisions figures came in at -$6.6 million (Q1 2026), -$2.3 million (Q4 2025), and -$6.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 676.00 Mn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 676.00 Mn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | -2.81 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 4.81 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | -6.56 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | -25.59 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | - |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.56 Mn |
| Dec 31, 2025 | -2.34 Mn |
| Sep 30, 2025 | -6.45 Mn |
| Jun 30, 2025 | -3.97 Mn |
| Mar 31, 2025 | -3.88 Mn |
| Dec 31, 2024 | -3.60 Mn |
| Sep 30, 2024 | -4.34 Mn |
| Jun 30, 2024 | -2.94 Mn |
| Mar 31, 2024 | -2.26 Mn |
| Dec 31, 2023 | -2.12 Mn |
| Sep 30, 2023 | -73,000.00 |
| Jun 30, 2023 | -7.10 Mn |
| Mar 31, 2023 | 2.56 Mn |
| Dec 31, 2022 | 2.36 Mn |
| Sep 30, 2022 | -9.96 Mn |
| Jun 30, 2022 | -30.50 Mn |
| Mar 31, 2022 | -17.77 Mn |
| Dec 31, 2021 | -20.33 Mn |
| Sep 30, 2021 | -18.85 Mn |
| Jun 30, 2021 | -31.62 Mn |