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
DateValue
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