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RLX Technology's gross profit for the
three
months ended in Jun. 2026 was $52.8 Mil. RLX Technology's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $226.3 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. RLX Technology's gross profit for the
three
months ended in Jun. 2026 was $52.8 Mil. RLX Technology's Revenue for the
three
months ended in Jun. 2026 was $135.3 Mil. Therefore, RLX Technology's Gross Margin % for the quarter that ended in Jun. 2026 was 39.03%.
RLX Technology had a gross margin of 39.03% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 8 years, the highestGross Margin % of RLX Technology was 44.67%. The lowest was 29.72%. And the median was 38.75%.
Warning Sign:
RLX Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -6.8%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
RLX Technology had a gross margin of 39.03% for the quarter that ended in Jun. 2026 => Competition eroding margins
RLX Technology Gross Profit Related Terms
RLX Technology Gross Profit Historical Data
* Premium members only.
The historical data trend for RLX Technology's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Tobacco subindustry, RLX Technology's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
RLX Technology Gross Profit vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Gross Profit distribution charts can be found below:
* The bar in red indicates where RLX Technology's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $226.3 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
RLX Technology (RLX) has a Gross Profit of $226.3 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on RLX Technology and its competitors.
Is RLX Technology's Gross Profit too high?
RLX Technology's current Gross Profit is $226.3 Mil. Overall, RLX Technology has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLX Technology's Gross Profit compare to TPB and UVV?
RLX Technology's Gross Profit of $226.3 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Tobacco Products company?
A good Gross Profit depends on the Tobacco Products industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on RLX Technology and its competitors. RLX Technology's current Gross Profit is $226.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLX Technology stock overvalued right now?
Based on GuruFocus' analysis, RLX Technology (RLX) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.33, compared to a current price of $1.82 — trading 58.1% below its estimated fair value. The current Gross Profit is $226.3 Mil. RLX Technology's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For RLX Technology (RLX), the current Gross Profit is $226.3 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is RLX Technology (RLX) Overvalued in 2026?
Based on GuruFocus' analysis, RLX Technology stock appears to be undervalued.
The current stock price of $1.82 is trading 58.1% below its estimated GF Value™ of $4.33.
GuruFocus considers RLX Technology to be Significantly Undervalued.
Key valuation signals for RLX:
Gross Profit: $226.3 Mil
GF Value™: $4.33 vs. price of $1.82 (58.1% below fair value)
No single metric tells the full story. See the RLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market. The company has two reportable segments, Core Markets and Europe Acquisition. The majority of the revenue is earn from Core Markets segment.
70GF Score
Get the complete analysis for RLX
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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