The table below shows RLX Technology Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$566.11M
$376.55M
$223.44M
$773.18M
$1.34B
$585.40M
Cost of revenue
$348.01M
$235.37M
$120.61M
$431.33M
$760.90M
$351.29M
Gross profit
$169.25M
$99.53M
$54.61M
$334.21M
$576.23M
$234.11M
R&D
$18.73M
$12.10M
$24.32M
$45.98M
$28.23M
$45.87M
RLX annual revenue (10-K history)
RLX Technology Inc. reported annual revenue of $566.11M for fiscal year 2025. That is up 50.3% from $376.55M in fiscal 2024. Over the 6 fiscal years shown, annual revenue declined from $585.40M (FY 2020) to $566.11M. Figures come from the company's audited annual reports as filed with the SEC.
