RLX Technology Inc. RLX
RLX Technology Inc. financials (annual)
Bars are annual figures from 2019 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $566.1M | $376.6M | $223.4M | $773.2M | $1.3B | $585.4M | $1.5B |
| Gross profit | $169.3M | $99.5M | $54.6M | $334.2M | $576.2M | $234.1M | $580.9M |
| R&D expense | $18.7M | $12.1M | $24.3M | $46.0M | $28.2M | $45.9M | $31.9M |
| Operating income | $47.0M | -$14.7M | -$70.0M | $154.2M | $360.7M | $2.0M | $56.4M |
| Interest expense | $914,000 | $24,000 | — | $203,000 | — | — | — |
| Income tax | $17.0M | $12.9M | $7.1M | $53.9M | $99.1M | $35.3M | $25.9M |
| Net income | $131.8M | $75.6M | $75.3M | $209.0M | $317.7M | -$19.6M | $47.7M |
| EPS (diluted) | $0.10 | $0.06 | $0.06 | $0.16 | $0.22 | $-0.01 | $0.03 |
| Operating cash flow | $157.9M | $117.0M | $28.0M | $70.6M | $282.4M | $396.8M | $338.1M |
| Free cash flow | $141.1M | $115.7M | $24.0M | $65.0M | $261.9M | $394.9M | $253.2M |
| Cash & equivalents | $767.5M | $766.3M | $336.7M | $183.9M | $817.4M | $170.7M | $135.5M |
| Inventory | $42.6M | $19.5M | $20.4M | $19.0M | $92.4M | $50.4M | $219.3M |
| Total assets | $2.6B | $2.3B | $2.3B | $2.4B | $2.6B | $622.2M | $1.4B |
| Total liabilities | $314.3M | $120.7M | $100.9M | $121.6M | $446.7M | $391.0M | $1.3B |
| Shareholders' equity | $2.2B | $2.2B | $2.2B | $2.3B | $2.1B | $1.5B | $106.3M |
Growth · year-over-year · Revenue CAGR -15.4%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth | +50.3% | +68.5% | -71.1% | -42.2% | +128.4% | -62.2% | — |
| Net income growth | +74.4% | +0.5% | -64.0% | -34.2% | — | -141.1% | — |
| EPS growth | +69.5% | +5.4% | -64.3% | -30.2% | — | -142.4% | — |
| Free cash flow growth | +22.0% | +381.7% | -63.0% | -75.2% | -33.7% | +56.0% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.