RLX Technology Inc. (RLX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.5B	3.5B	2.4B	1.2B	5.3B
Cost of Revenue	2.9B	2.4B	1.7B	856.3M	3.0B
Gross Profit	1.6B	1.2B	726.5M	387.7M	2.3B
Operating Expenses
R&D Expense	132.9M	127.4M	88.3M	172.7M	317.1M
SG&A Expense	836.7M	704.3M	745.4M	711.7M	924.6M
General & Admin Expense	85.7M	—	515.9M	498.0M	576.8M
Selling & Marketing Expense	132.3M	—	229.5M	213.7M	347.8M
Other Expenses	13.87	—	—	—	—
Total Operating Expenses	969.6M	831.8M	833.7M	884.4M	1.2B
Cost and Expenses	3.9B	3.2B	2.6B	1.7B	4.3B
Operating Income (EBIT)	583.7M	319.6M	(107.1M)	(496.7M)	1.1B
Non-Operating
Interest Income	409.1M	595.4M	616.4M	627.9M	180.7M
Interest Expense	—	—	—	—	—
Net Interest Income	409.1M	595.4M	616.4M	627.9M	180.7M
Other Non-Op Income/Expense	551.1M	705.1M	765.9M	1.1B	716.9M
Non-Operating Income (excl Interest)	(435.0M)	(705.1M)	(765.9M)	(1.1B)	(716.9M)
EBT (Pre-Tax Income)	1.1B	1.0B	658.8M	591.7M	1.8B
Income Tax Expense	131.9M	115.7M	94.5M	50.8M	371.6M
Bottom Line
Net Income	978.4M	896.8M	551.8M	534.3M	1.4B
Earnings from Cont. Ops	1.0B	908.9M	564.3M	541.0M	1.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	978.4M	896.8M	551.8M	534.3M	1.4B
Per Share
Basic EPS	$0.80	$0.70	$0.45	$0.40	$1.09
Diluted EPS	$0.76	$0.70	$0.43	$0.40	$1.09
Revenue Per Share	$3.65	$2.88	$1.98	$0.93	$4.04
Shares
Basic Shares Outstanding	1.2B	1.2B	1.2B	1.3B	1.3B
Diluted Shares Outstanding	1.3B	1.2B	1.3B	1.3B	1.3B
Profitability Metrics
EBITDA	1.1B	1.1B	705.3M	688.3M	1.9B
D&A	111.9M	91.5M	46.5M	96.6M	81.4M
EBIT	1.0B	1.0B	658.8M	591.7M	1.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026