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RLX Technology Inc. (RLX) stock

RLXNYSECigarettesFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 23, 2026Score 8/30
$1.56+0.00 (0.00%)

Close on Nov 13, 2026Market cap $2.42BP/E 14.9Yield –

RLX Technology gross margin

Gross margin is gross profit as a percentage of revenue.

For fiscal 2025 it was 29.9%, against 26.4% the year before. The highest annual figure on record is 44.7% in fiscal 2018.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202529.9%+3.5
FY2024Dec 31, 202426.4%+2.0
FY2023Dec 31, 202324.4%−18.8
FY2022Dec 31, 202243.2%+0.1
FY2021Dec 31, 202143.1%+3.1
FY2020Dec 31, 202040.0%+2.5
FY2019Dec 31, 201937.5%−7.2
FY2018Dec 31, 201844.7%–

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