RLX Technology (RLX) Tax Provisions (2020 - 2026)
RLX Technology's (RLX) quarterly Tax Provisions came in at -$6.6 million in Q1 2026, down 68.92% YoY from -$21.1 million in Q1 2025, and down 179.91% on a QoQ basis from -$2.3 million in Q4 2025.
RLX Technology (RLX) Tax Provisions (2020 - 2026) Analysis & Trends
RLX Technology (RLX) has 7 years of Tax Provisions data on file, last reported at -$6.6 million in 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 eased to -$6.6 million in Q1 2026, from -$2.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.6 million in Q1 2023 to a low of -$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 slumped 5838.36%.
- Tracing RLX's Tax Provisions over 5 years: stood at $2.3 million in 2022, then slumped by 191.69% to -$2.1 million in 2023, then sank by 72.1% 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 | 298.83 Bn | 292.83 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 631.00 Mn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | -3.66 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 3.68 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | -4.52 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | -1.21 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | -5,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | -395,404.00 |
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 |