The earnings call reflects strong revenue growth and profitability driven by international market success. However, challenges in Mainland China and regulatory issues in the UK present significant hurdles.
Company Guidance
In the third quarter of 2025, RLX Technology, Inc. reported a substantial year-over-year net revenue increase of 49% to RMB 1,129 million, alongside a non-GAAP operating profit of RMB 188 million. The company's international markets contributed 70% to 80% of revenues, with a strategic focus on the Asia Pacific region driving notable same-store sales growth due to a new franchise retail model. Although Mainland China's revenue recovery was modest, accounting for RMB 320 million, the company's international expansion, particularly in Europe, saw robust performance despite regulatory challenges. The gross profit margin improved by 4 percentage points year-over-year, and the company maintained a strong cash position with total financial assets of RMB 15.4 billion as of September 30, 2025. RLX Technology also declared a cash dividend of $0.1 per ordinary share or ADS, reflecting their commitment to shareholder returns, having repurchased approximately USD 330 million in ordinary shares. The company's R&D remains focused on product innovation, emphasizing flavor authenticity and device ergonomics to sustain growth in a maturing e-vapor industry.
Revenue Surge
Net revenue surged 49% year-over-year to RMB 1,129 million, with non-GAAP operating profit reaching RMB 188 million.
International Market Success
70% to 80% of revenues are now derived from international markets, with strong performance in Asia Pacific and Europe.
Profitability and Financial Strength
Gross profit margin expanded by 4 percentage points year-over-year and 3.7 percentage points quarter-over-quarter. Non-GAAP operating profit margin expanded by 6 percentage points year-over-year.
Strong Cash Flow
Cash flow from operating activities surged to RMB 358 million from RMB 157 million in the same period last year.
Shareholder Returns
Returned over USD 500 million to shareholders through repurchases and dividends since IPO.
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
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
Nov 14, 2025
$2.33
$2.57
+10.30%
Aug 22, 2025
$2.23
$2.39
+7.17%
May 16, 2025
$1.94
$1.98
+2.06%
Mar 14, 2025
$2.34
$2.25
-3.85%
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 Mar 06, 2026, Before Open (Confirmed).
What is Rlx Technology, Inc. (RLX) earnings time?
Rlx Technology, Inc. (RLX) earnings time is at Mar 06, 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.