Earnings ·
RLX Technology Inc. reported unaudited second quarter 2026 financial results for the period ended June 30, 2026
RLXRLX Technology Inc.
RLX Technology Inc. reported unaudited second quarter 2026 financial results for the period ended June 30, 2026. Net revenues increased 14.8% year-over-year to RMB1,010.5 million (US$148.9 million), driven by international expansion and contributions from a May 2025 acquisition. Gross margin expanded significantly to 35.4% from 27.5% in the prior year period, while U.S. GAAP net income rose 1.6% to RMB222.0 million (US$32.7 million). The company also announced a strategic investment made in July 2026, acquiring a 51% equity interest and board control of a leading Western European distributor of next-generation smoke-free products, which will be consolidated starting in the third quarter. RLX Technology Inc. operates in the global e-vapor industry, developing and distributing branded electronic vapor products.