RLX Technology (RLX) Total Liabilities (2019 - 2026)
RLX Technology (RLX) posted Total Liabilities of $226.9 million for Q1 2026, down 26.78% on a QoQ basis from $309.9 million in Q4 2025, and up 93.93% year-over-year from $117.0 million in Q1 2025.
RLX Technology (RLX) Total Liabilities (2019 - 2026) Analysis & Trends
RLX Technology's Total Liabilities history runs 8 years deep, the most recent figure standing at $226.9 million for Q1 2026.
- Quarterly Total Liabilities rose 93.93% year-over-year to $226.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $226.9 million (up 93.93% YoY) and the FY2025 annual result came in at $314.3 million, up 160.38% from the prior year.
- Total Liabilities was $226.9 million for Q1 2026 at RLX Technology, down from $309.9 million in the prior quarter.
- Across five years, Total Liabilities topped out at $434.2 million in Q2 2022 and bottomed at $76.4 million in Q1 2023.
- A 5-year average of $170.7 million and a median of $117.9 million in 2022 frame the typical range for Total Liabilities.
- Annual changes were most pronounced in 2023 — Total Liabilities sank 80.31% — and 2025, when it soared 152.64%.
- RLX Technology's Total Liabilities stood at $117.9 million in 2022, then slipped by 15.57% to $99.5 million in 2023, then grew by 23.23% to $122.7 million in 2024, then jumped by 152.64% to $309.9 million in 2025, then retreated by 26.78% to $226.9 million in 2026.
- Business Quant data shows RLX's Total Liabilities at $226.9 million in Q1 2026, $309.9 million in Q4 2025, and $174.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 76.21 Bn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | 145.37 Bn |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 37.75 Bn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 226.92 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 386.61 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 1.31 Bn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 92.12 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 90.95 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 2.61 Mn |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | 6.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 226.92 Mn |
| Dec 31, 2025 | 309.89 Mn |
| Sep 30, 2025 | 174.09 Mn |
| Jun 30, 2025 | 174.05 Mn |
| Mar 31, 2025 | 117.01 Mn |
| Dec 31, 2024 | 122.66 Mn |
| Sep 30, 2024 | 105.91 Mn |
| Jun 30, 2024 | 95.43 Mn |
| Mar 31, 2024 | 88.61 Mn |
| Dec 31, 2023 | 99.54 Mn |
| Sep 30, 2023 | 89.30 Mn |
| Jun 30, 2023 | 85.49 Mn |
| Mar 31, 2023 | 76.41 Mn |
| Dec 31, 2022 | 117.89 Mn |
| Sep 30, 2022 | 199.37 Mn |
| Jun 30, 2022 | 434.22 Mn |
| Mar 31, 2022 | 384.38 Mn |
| Dec 31, 2021 | 445.20 Mn |
| Sep 30, 2021 | 442.77 Mn |
| Jun 30, 2021 | 518.60 Mn |