RLX (RLX) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.24B | -76.67% |
| 2022-12-31 | $5.33B | -37.42% |
| 2021-12-31 | $8.52B | 123.08% |
| 2020-12-31 | $3.82B | 146.54% |
| 2019-12-31 | $1.55B | 1068.33% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $65.15M | -87.51% |
| 2023-12-31 | $521.60M | 59.14% |
| 2023-09-30 | $327.76M | -13.32% |
| 2023-06-30 | $378.12M | 100.20% |
| 2023-03-31 | $188.88M | -44.45% |
| 2022-12-31 | $340.01M | -67.45% |
| 2022-09-30 | $1.04B | -53.25% |
| 2022-06-30 | $2.23B | 30.30% |
| 2022-03-31 | $1.71B | -9.97% |
| 2021-12-31 | $1.90B | 13.58% |
| 2021-09-30 | $1.68B | -34.02% |
| 2021-06-30 | $2.54B | 5.96% |
| 2021-03-31 | $2.40B | 48.20% |
| 2020-12-31 | $1.62B | 44.48% |
| 2020-09-30 | $1.12B | 57.22% |
| 2020-06-30 | $712.50M | 93.30% |
| 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
| Country | Dec 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PM | Philip Morris | $35.17B | $9.47B |
| BTI | British American Tobacco p.l.c. | $27.28B | $13.84B |
| MO | Altria Group | $20.50B | $6.21B |
| UVV | Universal | $2.75B | $597.05B |
| VGR | Vector Group | $1.42B | $371.91M |
| RLX | RLX | $1.24B | $65.15M |
| TPB | Turning Point Brands | $405.39M | $163.18M |
| GNLN | Greenlane | $65.37M | $2.65M |
| XXII | 22nd Century Group | $32.20M | $7.95M |
| KAVL | Kaival Brands Innovations Group | $13.09M | $2.23M |
| HPCO | Hempacco | $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%.