RLX Technology is a China-focused e-vapor company best known for its RELX brand of closed-system electronic cigarettes and pods. It designs, manufactures and sells devices and flavoured e-liquid cartridges primarily to adult smokers seeking alternatives to traditional cigarettes. The business combines branded consumer products with a large retail and online distribution footprint in the Chinese vaping market, operating under evolving domestic tobacco and e-cigarette regulation.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 708.5 | — | 222 | -11.7% |
| Q2 2025 | 794.1 | — | 217.1 | -15% |
| Q3 2025 | 1,033.8 | — | 203.2 | -35.3% |
| Q4 2025 | 1,080.8 | — | 279.6 | -6.3% |
| Q1 2026 | 1,469.7 | 107.5% | 284.1 | 28% |
| Q2 2026 | 916.9 | 15.5% | 217.8 | 0.3% |
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