RLX Technology Inc. (RLX) Q2 2026 Earnings Call Transcript
RLX Technology NYSE: RLX reported second-quarter 2026 revenue growth of 14.8% year over year, supported primarily by international expansion, while management outlined plans to deepen its European distribution footprint and broaden its portfolio of smoke-free products.
RLX Technology Inc (RLX) is a fully integrated manufacturer of e-cigarette products based in Shenzhen, China. The vaping industry is estimated to see 10x growth from 2025 to 2033 and reach $462bn. RLX had a payout ratio of 103% in 2025, is cash rich, carries no debt and the dividend is expected to grow over the next few years.
| Tobacco Industry | Consumer Staples Sector | Wang Ying CEO | XMUN Exchange | US74969N1037 ISIN |
| CN Country | 897 Employees | 9 Feb 2026 Last Dividend | - Last Split | 22 Jan 2021 IPO Date |
RLX Technology Inc. is a prominent player in the e-vapor industry, based in the People's Republic of China. Since its establishment in 2018, the company has dedicated itself to the manufacture and sales of e-vapor products, catering to the vast Chinese market. It operates through a network of partner distributors and retail outlets, ensuring wide accessibility and availability of its products across the country. With its headquarters in Beijing, China, RLX Technology Inc. has swiftly captured a significant share of the e-vapor market by focusing on innovative solutions and customer satisfaction.
RLX Technology Inc. offers a wide range of e-vapor products designed to meet the diverse needs of its clientele. These products include: