RLX Technology Inc. (RLX) Operating margin 2020–2025
RLX Technology Inc. (RLX) operating margin by fiscal year — reported operating income divided by reported revenue.
8.3%FY2025 · since FY2020: 0.3% → 8.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 8.3% | +12.2 pp |
| FY2024 | -3.9% | +27.4 pp |
| FY2023 | -31.3% | -51.3 pp |
| FY2022 | 19.9% | -7.0 pp |
| FY2021 | 27.0% | +26.6 pp |
| FY2020 | 0.3% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice