On Friday, RLX Technology (RLX.US) defied the broader market downturn, climbing over 9% to $2.542 at the time of writing. The company reported strong Q3 earnings for the period ending September 30, 2025, with revenue significantly surpassing market expectations.
Financial results showed Q3 revenue reached $158.6 million, marking a 47.1% year-over-year increase and exceeding market estimates by approximately $18.1 million. Non-GAAP earnings per ADS came in at $0.031, in line with expectations.
Profitability metrics improved as RLX Technology's gross margin rose to 31.2% in Q3, up from 27.2% in the same period last year, reflecting effective cost control and product mix optimization.
As of September 30, the company maintained a robust financial position with combined cash, restricted cash, short-term and long-term bank deposits, and investment securities totaling RMB 15.351 billion (approximately $2.156 billion), providing solid support for future business expansion.