RLX Technology (RLX) Tax Provisions (2020 - 2026)
RLX Technology (RLX) posted Tax Provisions of -$6.6 million for Q1 2026, down 179.91% on a QoQ basis from -$2.3 million in Q4 2025, and down 68.92% year-over-year from -$21.1 million in Q1 2025.
RLX Technology (RLX) Tax Provisions (2020 - 2026) Analysis & Trends
RLX Technology's Tax Provisions history runs 7 years deep, the most recent figure standing at -$6.6 million for Q1 2026.
- Quarterly Tax Provisions fell 68.92% year-over-year to -$6.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$19.3 million (down 30.93% YoY) and the FY2025 annual result came in at $17.0 million, up 31.48% from the prior year.
- Tax Provisions was -$6.6 million for Q1 2026 at RLX Technology, down from -$2.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $2.6 million in Q1 2023 and bottomed at -$30.5 million in Q2 2022.
- A 5-year average of -$5.8 million and a median of -$3.9 million in 2025 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions soared 114.4% — and 2024, when it sank 5838.36%.
- RLX Technology's Tax Provisions stood at $2.3 million in 2022, then plunged by 191.69% to -$2.1 million in 2023, then tumbled by 72.1% to -$3.6 million in 2024, then jumped by 34.96% to -$2.3 million in 2025, then sank by 179.91% to -$6.6 million in 2026.
- Business Quant data shows RLX's Tax Provisions at -$6.6 million in Q1 2026, -$2.3 million in Q4 2025, and -$6.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 676.00 Mn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 676.00 Mn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | -6.56 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | -2.81 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 4.81 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -25.59 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 650,260.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
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 | -2.29 Mn |
| Dec 31, 2023 | -2.09 Mn |
| Sep 30, 2023 | -73,000.00 |
| Jun 30, 2023 | -7.35 Mn |
| Mar 31, 2023 | 2.56 Mn |
| Dec 31, 2022 | 2.28 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 |