RLX Technology (RLX) Total Debt (2019 - 2026)
RLX Technology's Total Debt was $24.26 million in the quarter ended Jun 30, 2026, up 66.9% from $14.53 million a year earlier and up 24.3% from the prior quarter.
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Analysis
RLX Technology (RLX) Total Debt (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Total Debt at RLX Technology came in at $12.82 million, up 133.0% from the prior year.
- Total Debt shows a five-year compound annual growth rate of -37.5% (years ended Dec 2020 to Dec 2025).
- In earlier years, Total Debt was $5.5 million in the year ended Dec 31, 2024, $32.3 million in the year ended Dec 31, 2022 (-73.4%) and $121.35 million in the year ended Dec 31, 2021 (-9.4%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Total Debt since the quarter ended Dec 31, 2022.
- Compared with a year earlier, Total Debt has increased for three straight quarters.
- Per Business Quant data, RLX's Total Debt in the three quarters before the quarter ended Jun 30, 2026 was $19.51 million (quarter ended Mar 31, 2026), $12.99 million (quarter ended Dec 31, 2025) and $15.92 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 49.11 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | 89.79 Bn |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 24.58 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 611.54 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 24.26 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 93.57 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 283.01 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 294.15 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 392.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.26 Mn |
| Mar 31, 2026 | 19.51 Mn |
| Dec 31, 2025 | 12.99 Mn |
| Sep 30, 2025 | 15.92 Mn |
| Jun 30, 2025 | 14.53 Mn |
| Mar 31, 2025 | 8.27 Mn |
| Dec 31, 2024 | 5.57 Mn |
| Dec 31, 2022 | 30.49 Mn |
| Sep 30, 2022 | 14.62 Mn |
| Jun 30, 2022 | 14.93 Mn |
| Mar 31, 2022 | 15.76 Mn |
| Dec 31, 2021 | 122.43 Mn |
| Dec 31, 2020 | 139.43 Mn |
| Dec 31, 2019 | 49.45 Mn |
API Access
RLX Technology Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();