RLX Technology (RLX) Total Debt (2019 - 2026)

RLX Technology (RLX) posted Total Debt of $13.4 million for Q1 2026, down 79.93% on a QoQ basis from $66.9 million in Q4 2025, and up 284.57% year-over-year from $3.5 million in Q1 2025.

RLX Technology (RLX) Total Debt (2019 - 2026) Analysis & Trends

RLX Technology's Total Debt history runs 8 years deep, the most recent figure standing at $13.4 million for Q1 2026.

  • Quarterly Total Debt rose 284.57% year-over-year to $13.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.4 million (up 284.57% YoY) and the FY2025 annual result came in at $66.9 million, up 1101.71% from the prior year.
  • Total Debt was $13.4 million for Q1 2026 at RLX Technology, down from $66.9 million in the prior quarter.
  • Across five years, Total Debt topped out at $66.9 million in Q4 2025 and bottomed at $59475.5 in Q4 2022.
  • A 5-year average of $9.9 million and a median of $3.5 million in 2025 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2024 — Total Debt soared 5505.77% — and 2025, when it slumped 60.06%.
  • RLX Technology's Total Debt stood at $59475.5 in 2022, then jumped by 162.29% to $156000.0 in 2023, then jumped by 3469.63% to $5.6 million in 2024, then soared by 1101.71% to $66.9 million in 2025, then plunged by 79.93% to $13.4 million in 2026.
  • Business Quant data shows RLX's Total Debt at $13.4 million in Q1 2026, $66.9 million in Q4 2025, and $3.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 49.50 Bn
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - 42.83 Bn
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 25.14 Bn
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 13.43 Mn
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 293.89 Mn
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn 904.29 Mn
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 1.09 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 8.62 Mn
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 147,237.00
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 13.43 Mn
Dec 31, 2025 66.92 Mn
Sep 30, 2025 3.48 Mn
Jun 30, 2025 4.19 Mn
Mar 31, 2025 3.49 Mn
Dec 31, 2024 5.57 Mn
Sep 30, 2024 1.48 Mn
Jun 30, 2024 1.51 Mn
Mar 31, 2024 8.75 Mn
Mar 31, 2023 156,000.00
Dec 31, 2022 59,475.52
Mar 31, 2021 942,000.00
Dec 31, 2020 1.69 Mn
Dec 31, 2019 91.70 Mn