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RLX Technology Q2 revenue jumps 14.8%
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RLX Technology Q2 revenue jumps 14.8%

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  • RLX Technology reported Q2 2026 net revenue of RMB1.01 billion, up 14.8%, with international markets contributing 68.5% of revenue.
  • RLX shares were down about 0.74% at $2 in the latest available premarket quote after the results.
  • RLX acquired 51% of a Western European distributor in July and plans to consolidate its results from Q3 2026.

RLX Technology (NYSE:RLX) reported second-quarter net revenue of RMB1.01 billion, up 14.8%, as international operations contributed 68.5% of total revenue.

Revenue increased from RMB880 million a year earlier, while gross profit climbed 47.8% to RMB357.8 million and gross margin rose to 35.4%.

GAAP operating income increased 234.7% to RMB130.4 million, while non-GAAP net income declined to RMB238.8 million from RMB291.2 million.

Following the announcement, RLX Technology's share price was down about 0.74% at $2 in the latest available premarket quote.

RLX acquired a 51% stake and board control in a Western European smoke-free and FMCG distributor in July, with consolidation scheduled from Q3 2026.

RLX ended June with RMB13.88 billion in cash, deposits and investments as it continues international expansion and develops additional smoke-free product categories.

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