RLX Technology's Q1 2026 revenue nearly doubles, driven by global expansion and strong profitability.

RLX Technology reported a 96.2% increase in net revenues to RMB1.59 billion (US$229.9 million) in Q1 2026, fueled by international growth and a recent acquisition. Gross margin improved to 31.8%, and non-GAAP operating income surged 187.9% to RMB310.3 million. The company emphasized its focus on expanding in Europe and Asia, enhancing product innovation, and maintaining responsible practices for long-term growth. Strong financials and operational efficiencies position RLX well for continued global market penetration.