RLX Technology Inc.
RLX
Rank in Stocks
#6012
RLX Technology Inc., along with its affiliated entities, operates within the... RLX Technology Inc., along with its affiliated entities, operates within the People's Republic of China, focusing on the entire lifecycle of electronic vapor products, from conceptualization and development to manufacturing, distribution, and direct sales. The company's offerings are made available to customers via a network of distributors who supply both dedicated RELX-branded partner stores and other independent retail outlets. This firm was established in 2018 and has its principal operations located in Beijing, China.
Share Price
$1.59
Last synced: 2026-11-09
Market Cap
$1.94B
Change (1 day)
-1.24%
Change (1 year)
-31.47%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade RLX Technology Inc. (RLX)
Category
Consumer Defensive
Operating Margin for RLX Technology Inc. (RLX)
Operating Margin as of November 2026 TTM: 13.04%
According to RLX Technology Inc.'s latest financial reports, its current operating margin (TTM) is 13.04%. At the end of 2025 the company had an operating margin of 9.08%.
Operating Margin history for RLX Technology Inc. from 2018 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 13.04% | 43.61% |
| 2025 | 9.08% | -307.31% |
| 2024 | -4.38% | -89.03% |
| 2023 | -39.93% | -300.25% |
| 2022 | 19.94% | -26.09% |
| 2021 | 26.98% | 7,835.29% |
| 2020 | 0.34% | -90.66% |
| 2019 | 3.64% | 117.96% |
| 2018 | 1.67% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 38.62% | -97.04% |
US
|
|
| 37.62% | -97.12% |
GB
|
|
| 57.91% | -95.56% |
US
|
|
| 25.06% | -98.08% |
JP
|
|
| 31.41% | -97.59% |
IN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about RLX Technology Inc.'s operating margin
What is RLX Technology Inc.'s operating margin?
RLX Technology Inc.'s operating margin is 13.04%, as of Nov 2026.
What was RLX Technology Inc.'s operating margin in 2025?
In 2025, RLX Technology Inc.'s operating margin was 9.08%, compared with -4.38% in 2024.
How has RLX Technology Inc.'s operating margin changed since 2020?
From 2020 to 2025, RLX Technology Inc.'s operating margin was highest in 2021 (26.98%) and lowest in 2023 (-39.93%).
How does RLX Technology Inc.'s operating margin compare with similar companies?
RLX Technology Inc.'s operating margin (13.04%) is lower than that of all 5 similar companies listed above. The highest among them is Altria Group, Inc., with 57.91%.