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
DateValue
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