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RLX Technology Inc. (RLX)
NYSE: RLX · Real-Time Price · USD
1.710
-0.010 (-0.58%)
At close: Oct 13, 2026, 4:00 PM EDT
1.710
0.00 (0.00%)
Pre-market: Oct 14, 2026, 6:49 AM EDT

RLX Technology Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,5013,6172,4451,2445,2808,521
Revenue Growth
54.25%47.97%96.50%-76.44%-38.03%123.08%
Gross Profit
1,5731,184726.52387.712,3053,672
Operating Income
587.18328.56-107.15-496.711,0632,299
Net Income
984.59921.87551.84534.331,4412,025
Earnings Per Share
0.750.700.430.401.081.44
EPS Growth
33.85%63.04%7.27%-63.23%-24.44%-

Revenue by Segment
Chart
Fiscal YearFY 2025
Period EndingDec '25
Europe Acquisition
625.38
Core Markets
3,336
Intersegment Eliminations
-2.26
Total
3,959

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8,75910,0048,4938,11510,78812,420
Total Debt
244.05191.8558.594.9685.92184.81
Net Cash (Debt)
8,5159,8128,4358,02010,70212,235
Net Cash Growth
17.36%16.33%5.17%-25.07%-12.53%415.87%
Net Cash Per Share
6.948.026.545.988.068.68

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
535.71,105854.35198.7486.831,800
Capital Expenditures
-117.73-117.73-10.09-28.22-38.64-130.94
Free Cash Flow
417.97986.82844.26170.48448.191,669
Free Cash Flow Growth
-61.31%16.89%395.22%-61.96%-73.15%-35.23%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
34.94%32.72%29.72%31.17%43.66%43.09%
Operating Margin
13.05%9.08%-4.38%-39.93%20.14%26.98%
Pretax Margin
25.36%29.12%26.95%47.57%33.72%31.21%
Profit Margin
21.87%25.49%22.57%42.95%27.30%23.76%
FCF Margin
9.29%27.28%34.54%13.70%8.49%19.59%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingOct '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.1100.7690.0730.071
Dividend Per Share Growth
1250.00%953.97%2.96%-
Dividend Yield
6.43%4.93%0.48%0.53%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.5221.5436.3334.8517.0416.47
Forward PE
11.5017.4919.5727.3018.0615.26
P/FCF Ratio
33.4720.1223.75109.2354.7919.98
PS Ratio
3.155.498.2014.974.653.91