Makes e-vapor products for smokers.
Dec 2025Revenue $566M/yrExpenses $519M/yr
No trend
Figures by year
Is RLX Technology profitable?
Yes. In the 12 months to Dec 2025, revenue was $566M and expenses $519M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $566M | $519M | $47.0M |
| Dec 2024 | $377M | $391M | −$14.7M |
| Dec 2023 | $223M | $293M | −$70.0M |
| Dec 2022 | $773M | $619M | $154M |
| Dec 2021 | $1.34B | $976M | $361M |
| Dec 2020 | $585M | $583M | $2.02M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.