Rlx Technology, Inc. (RLX)

NYSE:RLX

RLX

RLX Technology

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RLX Technology (RLX) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 14, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.09

Last Year’s EPS

0.02

Same Quarter Last Year

Analyst Consensus

Hold

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 20, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed strong operational and financial momentum: exceptional top-line growth (+96.2% YoY), meaningful margin and profitability expansion, a fully operational Nexus manufacturing hub, and clear international expansion progress (including Europe). Management also noted one-time Q1 effects from China export policy timing and a modest sequential cash decline due to dividend payments, plus concentration and regulatory risks (no current U.S. operations). On balance, the positive growth, margin improvements and strategic operational milestones materially outweigh the transient and manageable headwinds discussed.

Company Guidance

Management's guidance was largely qualitative and execution‑focused: they will pursue quality‑led, compliance‑driven growth and accelerate market penetration in Asia and Europe (having entered 2 new markets in Q1), leveraging the fully operational Nexus R&D/manufacturing hub and a strong cash position (total financial assets RMB 14.53 billion as of Mar 31, 2026, down from RMB 15.73 billion at Dec 31, 2025 after dividends) to fund selective M&A and organic expansion (no unannounced deals are included in guidance). Results-to-date that underpin the guidance include Q1 net revenues of RMB 1.59 billion (+96.2% YoY, +38.9% QoQ), international sales >70% of revenues, gross margin 31.8% (vs 28.6% a year ago), non‑GAAP operating margin 19.6% (vs 13.3% a year ago), non‑GAAP operating income RMB 310.3 million (+187.9% YoY) and non‑GAAP net income RMB 357.3 million (+41.4% YoY from RMB 252.7 million); working capital metrics were AR days 15, inventory days 32 and AP days 49. Management also noted the Q1 revenue boost from front‑loaded orders ahead of China export tax rebate changes (impact now largely behind them), reiterated focus on e‑vapor and modern oral products (oral scaling planned; HNB deferred), and emphasized discipline on valuations and regulatory compliance as key to delivering sustainable long‑term value.

Strong Revenue Growth

Net revenues of RMB 1.59 billion in Q1 2026, up 96.2% year-over-year and 38.9% quarter-over-quarter, driven by international momentum and one-time channel timing effects.

International Business Leadership

International operations accounted for over 70% of total net revenues for several consecutive quarters and remain the primary growth engine; company entered two new markets (Southeast Asia and Europe) in Q1.

Margin and Profitability Expansion

Gross margin expanded to 31.8% from 28.6% year-over-year (+3.2 percentage points). Non-GAAP operating margin improved to 19.6% from 13.3% YoY (+6.3 ppt). Non-GAAP income from operations rose to RMB 310.3 million (up 187.9% YoY); non-GAAP net income reached RMB 357.3 million (up 41.4% YoY).

Operational and Manufacturing Milestone (Nexus)

Integrated smart manufacturing hub 'Nexus' is fully operational, combining R&D, manufacturing and commercial operations to improve agility, quality controls and protect proprietary IP.

Solid Liquidity Position

Total financial assets of RMB 14.53 billion (approximately USD 2.1 billion) as of March 31, 2026, providing flexibility to fund expansion, M&A and distributor support.

Improved Working Capital Efficiency

Efficient operating metrics: accounts and notes receivable turnover days = 15; inventory turnover days = 32; payable turnover days = 49, indicating tight working capital management and a controlled cash conversion cycle.

Strategic Progress in Europe

The May 2025 strategic investment in a European company has delivered operational value (better local market navigation, new local warehouse investment) and the company is pursuing a disciplined dual-engine (M&A + organic) growth strategy in Europe.

Favorable Regulatory Developments

UK generational smoking ban (combustibles) positions e-vapor as the legal nicotine channel for future adults and, together with upcoming UK duties and licensing, is viewed as a structural tailwind that could favor compliant, scale players like the company.

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
Aug 14, 2026	2026 (Q2)	0.09 / -	0.024	―	―	―
May 20, 2026	2026 (Q1)	0.03 / 0.03	0.025	27.06% (<+0.01)
Mar 13, 2026	2025 (Q4)	0.03 / 0.03	0.014	82.98% (+0.01)
Nov 14, 2025	2025 (Q3)	0.03 / 0.02	0.019	20.77% (<+0.01)
Aug 22, 2025	2025 (Q2)	0.03 / 0.02	0.015	61.17% (<+0.01)
May 16, 2025	2025 (Q1)	0.03 / 0.02	0.015	68.32% (+0.01)
Mar 14, 2025	2024 (Q4)	0.03 / 0.01	0.024	-41.61% (>-0.01)
Nov 15, 2024	2024 (Q3)	0.03 / 0.02	0.019	0.00% (0.00)
Aug 16, 2024	2024 (Q2)	0.03 / 0.02	0.022	-31.33% (>-0.01)
May 17, 2024	2024 (Q1)	0.02 / 0.01	-0.006	334.88% (+0.02)	―

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
May 20, 2026	$2.10	$2.10	0.00%
Mar 13, 2026	$2.27	$2.25	-0.88%
Nov 14, 2025	$2.23	$2.46	+10.30%
Aug 22, 2025	$2.14	$2.29	+7.15%

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, Inc. (RLX) report earnings?

Rlx Technology, Inc. (RLX) is schdueled to report earning on Aug 14, 2026, Before Open (Confirmed).

What is Rlx Technology, Inc. (RLX) earnings time?

Rlx Technology, Inc. (RLX) earnings time is at Aug 14, 2026, 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 2026 (Q2) is 0.09.