RLX Technology Inc. R&D Expense

Quick Answer

RLX Technology Inc. reported R&D Expense of $12.10 million for fiscal year 2024.

RLX Technology Inc. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $12.10M -93.0%
2023 $172.69M -45.5%
2022 $317.11M +76.3%
2021 $179.91M -39.9%
2020 $299.29M +837.2%
2019 $31.93M +1446.4%
2018 $2.06M
  • RLX Technology Inc. showed a decrease of -93.0% in R&D Expense compared to the prior fiscal year.
  • Over the 2018–2024 period, RLX Technology Inc.’s r&d expense has grown by 485.9% (from $2.06 million to $12.10 million).
  • The most recent figure is from RLX Technology Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 17, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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