RLX Technology Reports 14.8% Revenue Growth in Second Quarter 2026

EarningsM&A · Partnership
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RLX Technology announced unaudited second quarter 2026 financial results with net revenues of RMB1,010.5 million, up 14.8% from RMB880.0 million a year earlier. Gross margin expanded to 35.4% from 27.5%, while U.S. GAAP net income rose 1.6% to RMB222.0 million. The company also disclosed a July 2026 acquisition of a 51% equity interest in a leading Western European distributor of next-generation smoke-free and FMCG products, which will be consolidated starting in the third quarter. International business represented 68.5% of net revenues for the period.

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