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 $462bn. RLX had a payout ratio of 103% in 2025, is cash rich, carries no debt and the dividend is expected to grow over the next few years.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Joseph Castro Nuveen LLC | 146,400 | $275,232 | $256,200 | -$19,032 | -6.91% |
Richard Slavik Newbridge Financial Services Group Inc. | 200 | $466 | $349 | -$117 | -25.11% |
Hui Fai Tam Caitong International Asset Management Co. Ltd. | 1,346 | $2,961.28 | $2,355.5 | -$605.78 | -20.46% |
Moises Valladares Insigneo Advisory Services LLC | 12,498 | $29,120 | $21,871.5 | -$7,248.5 | -24.89% |
Angus Yuk Chi Wai Polymer Capital Management (HK) Ltd. | 202,502 | $420,794.41 | $354,378.5 | -$66,415.91 | -15.78% |
| Tobacco Industry | Consumer Staples Sector | Wang Ying CEO | NYSE Exchange | 74969N103 CUSIP |
| 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: