RLX Technology Inc
NYSE:RLX
Income Statement
Earnings Waterfall
RLX Technology Inc
Income Statement
RLX Technology Inc
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||
| Revenue |
1 549
N/A
|
1 719
+11%
|
2 048
+19%
|
2 612
+28%
|
3 820
+46%
|
5 850
+53%
|
7 679
+31%
|
8 235
+7%
|
8 521
+3%
|
7 837
-8%
|
7 529
-4%
|
6 897
-8%
|
5 333
-23%
|
3 807
-29%
|
1 951
-49%
|
1 406
-28%
|
1 586
+13%
|
2 020
+27%
|
2 269
+12%
|
2 526
+11%
|
2 749
+9%
|
3 005
+9%
|
3 258
+8%
|
3 631
+11%
|
3 959
+9%
|
|
| Gross Profit | ||||||||||||||||||||||||||
| Cost of Revenue |
(968)
|
(1 092)
|
(1 313)
|
(1 657)
|
(2 292)
|
(3 351)
|
(4 296)
|
(4 634)
|
(4 849)
|
(4 612)
|
(4 473)
|
(3 975)
|
(3 028)
|
(2 113)
|
(1 137)
|
(993)
|
(1 199)
|
(1 521)
|
(1 711)
|
(1 882)
|
(2 022)
|
(2 191)
|
(2 359)
|
(2 586)
|
(2 775)
|
|
| Gross Profit |
581
N/A
|
627
+8%
|
735
+17%
|
955
+30%
|
1 528
+60%
|
2 498
+64%
|
3 382
+35%
|
3 601
+6%
|
3 672
+2%
|
3 225
-12%
|
3 056
-5%
|
2 922
-4%
|
2 305
-21%
|
1 694
-27%
|
815
-52%
|
413
-49%
|
388
-6%
|
499
+29%
|
558
+12%
|
644
+15%
|
727
+13%
|
815
+12%
|
899
+10%
|
1 045
+16%
|
1 184
+13%
|
|
| Operating Income | ||||||||||||||||||||||||||
| Operating Expenses |
(525)
|
(606)
|
(643)
|
(844)
|
(1 514)
|
(2 598)
|
(2 616)
|
(1 994)
|
(1 373)
|
(191)
|
(555)
|
(853)
|
(1 242)
|
(1 627)
|
(1 143)
|
(1 241)
|
(884)
|
(669)
|
(813)
|
(876)
|
(834)
|
(793)
|
(805)
|
(847)
|
(855)
|
|
| Selling, General & Administrative |
(493)
|
(553)
|
(568)
|
(740)
|
(1 215)
|
(2 112)
|
(2 162)
|
(1 623)
|
(1 193)
|
(199)
|
(440)
|
(647)
|
(925)
|
(1 257)
|
(848)
|
(961)
|
(712)
|
(542)
|
(729)
|
(798)
|
(745)
|
(709)
|
(691)
|
(717)
|
(724)
|
|
| Research & Development |
(32)
|
(53)
|
(75)
|
(105)
|
(299)
|
(487)
|
(454)
|
(371)
|
(180)
|
8
|
(115)
|
(205)
|
(317)
|
(370)
|
(296)
|
(280)
|
(173)
|
(128)
|
(84)
|
(78)
|
(88)
|
(84)
|
(114)
|
(131)
|
(131)
|
|
| Operating Income |
56
N/A
|
21
-62%
|
92
+332%
|
111
+20%
|
13
-88%
|
(100)
N/A
|
766
N/A
|
1 606
+110%
|
2 299
+43%
|
3 034
+32%
|
2 502
-18%
|
2 070
-17%
|
1 063
-49%
|
67
-94%
|
(329)
N/A
|
(828)
-152%
|
(497)
+40%
|
(170)
+66%
|
(255)
-50%
|
(231)
+9%
|
(107)
+54%
|
22
N/A
|
94
+330%
|
198
+110%
|
329
+66%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||
| Interest Income Expense |
1
|
7
|
17
|
34
|
53
|
71
|
101
|
134
|
167
|
202
|
245
|
289
|
317
|
428
|
528
|
613
|
874
|
875
|
858
|
849
|
666
|
639
|
639
|
618
|
612
|
|
| Total Other Income |
17
|
29
|
27
|
23
|
37
|
21
|
30
|
170
|
194
|
314
|
421
|
287
|
400
|
412
|
318
|
335
|
215
|
115
|
116
|
124
|
100
|
100
|
118
|
88
|
113
|
|
| Pre-Tax Income |
74
N/A
|
57
-23%
|
137
+140%
|
168
+23%
|
102
-39%
|
(9)
N/A
|
897
N/A
|
1 909
+113%
|
2 660
+39%
|
3 550
+33%
|
3 167
-11%
|
2 646
-16%
|
1 780
-33%
|
907
-49%
|
517
-43%
|
119
-77%
|
592
+396%
|
820
+39%
|
720
-12%
|
741
+3%
|
659
-11%
|
761
+15%
|
851
+12%
|
904
+6%
|
1 053
+16%
|
|
| Net Income | ||||||||||||||||||||||||||
| Tax Provision |
(26)
|
(25)
|
(49)
|
(109)
|
(231)
|
(399)
|
(568)
|
(613)
|
(631)
|
(568)
|
(568)
|
(517)
|
(372)
|
(241)
|
(89)
|
(19)
|
(51)
|
(86)
|
(56)
|
(84)
|
(94)
|
(106)
|
(113)
|
(129)
|
(119)
|
|
| Income from Continuing Operations |
48
|
32
|
88
|
58
|
(128)
|
(407)
|
328
|
1 297
|
2 028
|
2 982
|
2 599
|
2 128
|
1 409
|
665
|
429
|
100
|
541
|
734
|
664
|
657
|
564
|
654
|
738
|
775
|
934
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
15
|
34
|
35
|
32
|
14
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(9)
|
(13)
|
(12)
|
(11)
|
(11)
|
(13)
|
|
| Net Income (Common) |
48
N/A
|
32
-34%
|
88
+177%
|
58
-34%
|
(128)
N/A
|
(407)
-218%
|
328
N/A
|
1 294
+294%
|
2 025
+56%
|
2 997
+48%
|
2 634
-12%
|
2 163
-18%
|
1 441
-33%
|
679
-53%
|
421
-38%
|
92
-78%
|
534
+478%
|
727
+36%
|
657
-10%
|
647
-1%
|
552
-15%
|
642
+16%
|
727
+13%
|
764
+5%
|
922
+21%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.02
-33%
|
0.06
+200%
|
0.05
-17%
|
-0.08
N/A
|
-0.25
-212%
|
0.23
N/A
|
0.95
+313%
|
1.44
+52%
|
2.21
+53%
|
1.98
-10%
|
1.61
-19%
|
1.09
-32%
|
0.51
-53%
|
0.31
-39%
|
0.06
-81%
|
0.4
+567%
|
0.54
+35%
|
0.52
-4%
|
0.5
-4%
|
0.43
-14%
|
0.5
+16%
|
0.56
+12%
|
0.58
+4%
|
0.75
+29%
|
|