Latest fiscal year 2025 · computed deterministically from XBRL 10-K data · coverage 100%
In fiscal 2025, RLX Technology Inc. reported revenue of $566M, up 50.3% year over year. Operating margin was 8.3% and net margin 23.3%, on a free-cash-flow margin of 24.9% with capital expenditure at 3.0% of revenue. Every figure is computed directly from RLX's SEC XBRL 10-K filing — deterministic, with no estimates.
| Fiscal year | Revenue | Op margin | Net margin |
|---|---|---|---|
| FY2025 | $566M | 8.3% | 23.3% |
| FY2024 | $377M | -3.9% | 20.1% |
| FY2023 | $223M | -31.3% | 33.7% |
| FY2022 | $773M | 19.9% | 27.0% |
| FY2021 | $1.34B | 27.0% | 23.8% |
How does RLX compare against its actual peer set?
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Source: SEC EDGAR XBRL (10-K filings), latest filed values. "n/a" = not disclosed under mapped tags — never estimated. Informational benchmarking, not investment advice. © CompsDesk / Sam Arora.