NYSE · RLX
RLX Technology financials
$1.700.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $565.8M | $376.6M | $224.1M | $773.1M | $8.52B |
| Gross profit | $169.2M | $99.5M | $54.8M | $334.2M | $3.67B |
| Gross margin | 29.9% | 26.4% | 24.4% | 43.2% | 43.1% |
| Operating income | $47.0M | -$14.7M | -$70.2M | $154.2M | $2.30B |
| Net income | $131.8M | $75.6M | $75.5M | $208.9M | $2.02B |
| Net margin | 23.3% | 20.1% | 33.7% | 27.0% | 23.8% |
| Diluted EPS | $0.10 | $0.06 | $0.06 | $0.16 | $1.44 |
| EBITDA | $55.6M | -$9.2M | -$63.6M | $166.0M | $2.34B |
| Operating cash flow | $157.9M | $117.0M | $28.1M | $70.6M | $1.80B |
| Free cash flow | $141.0M | $115.7M | $24.1M | $65.0M | $1.67B |
| Diluted shares | 1,224.0M | 1,288.9M | 1,340.4M | 1,328.1M | 1,409.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $767.1M | $766.3M | $337.7M | $1.27B | $817.4M |
| Short-term investments | $332.5M | $98.6M | $437.0M | $9.52B | $568.3M |
| Total debt | $13.2M | $5.5M | $0.00 | $0.00 | $0.00 |
| Total assets | $2.56B | $2.31B | $2.30B | $16.38B | $2.57B |
| Total liabilities | $314.2M | $120.7M | $101.2M | $838.5M | $446.7M |
| Shareholders' equity | $2.25B | $2.19B | $2.20B | $15.54B | $2.12B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology