The earnings call highlights significant revenue and profitability growth driven by successful international expansion and strong financial management. However, challenges remain in the form of regulatory hurdles and the dominance of illegal products in the Chinese market. Overall, the positive achievements appear to significantly outweigh the lowlights, indicating a strong performance and strategic positioning by RLX Technology.

Company Guidance

In the second quarter of 2025, RLX Technology reported a 40% year-over-year increase in net revenues, reaching RMB 880 million, and a non-GAAP operating profit of RMB 116 million. The company achieved a 2.3 percentage point expansion in gross margin to 27.5%, driven by a favorable revenue mix and cost optimization. Cash flow performance was strong, with an operating cash inflow of RMB 230 million, and the company maintained a robust cash position with total financial assets of RMB 15.5 billion. Additionally, RLX announced its third cash dividend since its IPO, reflecting its commitment to shareholder value. The company's strategic expansion into Europe and its focus on compliance and sustainable product innovation are key drivers for future growth.

Significant Revenue Growth

RLX Technology reported a 40% year-over-year increase in net revenues, reaching RMB 880 million, and a 9% quarter-over-quarter increase.

Strong Profitability Metrics

Achieved a non-GAAP operating profit of RMB 116 million with a non-GAAP operating margin expanding by more than 5 percentage points year-over-year to 13.2%.

International Expansion Success

Successful internationalization strategy, particularly in Europe and Asia, contributed to substantial revenue growth. The acquisition of a European e-vapor company expanded RLX's market presence.

Cash Flow and Financial Stability

Operating cash inflow of RMB 230 million in Q2 2025, up from RMB 197 million in the same period last year. Total financial assets stood at RMB 15.5 billion.

Dividend Announcement

Announced a third cash dividend since IPO, reaffirming commitment to delivering value to shareholders.

RLX Technology (RLX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RLX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	0.03 / -	0.018	―	―	―
Aug 22, 2025	2025 (Q2)	0.03 / 0.02	0.014	61.17% (<+0.01)
May 16, 2025	2025 (Q1)	0.02 / 0.02	0.014	68.32% (<+0.01)
Mar 14, 2025	2024 (Q4)	0.03 / 0.01	0.023	-41.61% (>-0.01)
Nov 15, 2024	2024 (Q3)	0.03 / 0.02	0.018	0.00% (0.00)
Aug 16, 2024	2024 (Q2)	0.02 / 0.01	0.021	-31.33% (>-0.01)
May 17, 2024	2024 (Q1)	0.02 / 0.01	-0.006	334.88% (+0.02)	―
Mar 15, 2024	2023 (Q4)	0.02 / 0.02	0.051	-55.65% (-0.03)	―	―
Nov 13, 2023	2023 (Q3)	0.01 / 0.02	0.053	-65.70% (-0.03)	―	―
Aug 18, 2023	2023 (Q2)	<0.01 / 0.02	0.049	-56.77% (-0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RLX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 22, 2025	$2.24	$2.40	+7.14%
May 16, 2025	$1.95	$1.99	+2.05%
Mar 14, 2025	$2.35	$2.26	-3.83%
Nov 15, 2024	$1.62	$1.68	+3.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does RLX Technology (RLX) report earnings?

RLX Technology (RLX) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).

What is RLX Technology (RLX) earnings time?

RLX Technology (RLX) earnings time is at Nov 12, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RLX EPS forecast?

RLX EPS forecast for the fiscal quarter 2025 (Q3) is 0.03.

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