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
DateValue
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%