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RLX (RLX) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChartTranscripts

RLX Revenue Highlights

Latest Revenue (Y)

$1.24B

Latest Revenue (Q)

$65.15M

Main Geography (Y)

PRC

RLX Revenue by Period

RLX Revenue by Year

DateRevenueChange
2023-12-31$1.24B-76.67%
2022-12-31$5.33B-37.42%
2021-12-31$8.52B123.08%
2020-12-31$3.82B146.54%
2019-12-31$1.55B1068.33%
2018-12-31$132.61M-

RLX generated $1.24B in revenue during NA 2023, up -76.67% compared to the previous quarter, and up 938.10% compared to the same period a year ago.

RLX Revenue by Quarter

DateRevenueChange
2024-03-31$65.15M-87.51%
2023-12-31$521.60M59.14%
2023-09-30$327.76M-13.32%
2023-06-30$378.12M100.20%
2023-03-31$188.88M-44.45%
2022-12-31$340.01M-67.45%
2022-09-30$1.04B-53.25%
2022-06-30$2.23B30.30%
2022-03-31$1.71B-9.97%
2021-12-31$1.90B13.58%
2021-09-30$1.68B-34.02%
2021-06-30$2.54B5.96%
2021-03-31$2.40B48.20%
2020-12-31$1.62B44.48%
2020-09-30$1.12B57.22%
2020-06-30$712.50M93.30%
2020-03-31$368.60M-10.20%
2019-12-31$410.46M-

RLX generated $65.15M in revenue during Q1 2024, up -87.51% compared to the previous quarter, and up 19.16% compared to the same period a year ago.

RLX Revenue Breakdown

RLX Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
International$228.51M
PRC$1.36B

RLX's latest annual revenue breakdown by geography, as of Dec 23: PRC (85.60%), and International (14.40%).

RLX Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PMPhilip Morris$35.17B$9.91B
BTIBritish American Tobacco p.l.c.$27.28B$13.84B
MOAltria Group$20.50B$6.26B
UVVUniversal$2.75B$597.05B
RLXRLX$1.24B$65.15M
TPBTurning Point Brands$405.39M$163.18M
GNLNGreenlane$65.37M$2.65M
XXII22nd Century Group$32.20M$5.95M
KAVLKaival Brands Innovations Group$13.09M$274.62K
HPCOHempacco$4.05M$1.33M

RLX Revenue FAQ

What is RLX’s yearly revenue?

RLX's yearly revenue for 2023 was $1.24B, representing a decrease of -76.67% compared to 2022. The company's yearly revenue for 2022 was $5.33B, representing a decrease of -37.42% compared to 2021. RLX's yearly revenue for 2021 was $8.52B, representing an increase of 123.08% compared to 2020.

What is RLX’s quarterly revenue?

RLX's quarterly revenue for Q1 2024 was $65.15M, a -87.51% decrease from the previous quarter (Q4 2023), and a -65.51% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $521.6M, a 59.14% increase from the previous quarter (Q3 2023), and a 53.41% increase year-over-year (Q4 2022). RLX's quarterly revenue for Q3 2023 was $327.76M, a -13.32% decrease from the previous quarter (Q2 2023), and a -68.62% decrease year-over-year (Q3 2022).

What is RLX’s revenue growth rate?

RLX's revenue growth rate for the last 3 years (2021-2023) was -85.40%, and for the last 5 years (2019-2023) was -19.71%.