RLX Technology (RLX) Tax Rate (2019 - 2026)
RLX Technology (RLX) reported Tax Rate of 13.33% for Q1 2026, down 210.0% on a YoY basis from 12.12% in Q1 2025, and down 146.24% quarter-over-quarter from 5.42% in Q4 2025.
RLX Technology (RLX) Tax Rate (2019 - 2026) Analysis & Trends
RLX Technology has reported Tax Rate for 8 years, with the latest figure at 13.33% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 210.0% year-over-year to 13.33%; the trailing twelve-month figure through Mar 2026 stood at 11.9% (up 208.0% YoY), and the FY2025 full-year result was 11.3%, down 304.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.33%, down from 5.42% in the prior quarter.
- The five-year high for Tax Rate was 0.31% in Q3 2023, with the low at 31.63% in Q2 2022.
- Historically, Tax Rate has averaged 13.66% across 5 years, with a median of 13.33% in 2026.
- The largest YoY upside for Tax Rate was 1403 bps in 2022 against a maximum downside of 20839 bps in 2022.
- RLX Technology's Tax Rate stood at 6.73% in 2022, then grew by 3 bps to 6.53% in 2023, then tumbled by 162 bps to 17.12% in 2024, then surged by 68 bps to 5.42% in 2025, then sank by 146 bps to 13.33% in 2026.
- The last three Tax Rate figures came in at 13.33% (Q1 2026), 5.42% (Q4 2025), and 18.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 18.46% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 23.64% |
| 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 | -25.24% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | -16.06% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | -13.33% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | -1.90% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 451.30% |
| 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 | -13.33% |
| Mar 31, 2026 | -13.33% |
| Dec 31, 2025 | -5.42% |
| Dec 31, 2025 | -5.42% |
| Sep 30, 2025 | -18.18% |
| Sep 30, 2025 | -18.18% |
| Jun 30, 2025 | -11.53% |
| Jun 30, 2025 | -11.53% |
| Mar 31, 2025 | -11.23% |
| Mar 31, 2025 | -11.23% |
| Dec 31, 2024 | -17.12% |
| Dec 31, 2024 | -17.12% |
| Sep 30, 2024 | -15.23% |
| Sep 30, 2024 | -15.23% |
| Jun 30, 2024 | -13.68% |
| Jun 30, 2024 | -13.68% |
| Mar 31, 2024 | -10.97% |
| Mar 31, 2024 | -10.97% |
| Dec 31, 2023 | -6.53% |
| Dec 31, 2023 | -6.53% |