RLX Technology Inc., a leading global branded e-vapor company, announced its unaudited financial results for the second quarter of 2025. The company reported net revenues of RMB880.0 million (US$122.8 million), marking a significant increase from RMB627.2 million in the same period of 2024. This growth was primarily driven by RLX Technology's expansion into international markets. The gross margin improved to 27.5% in the second quarter of 2025, compared to 25.2% in the previous year. Non-GAAP income from operations saw a notable rise of 147.6% year-over-year, reaching RMB116.2 million (US$16.2 million), up from RMB46.9 million in the same quarter of 2024. Additionally, the U.S. GAAP net income stood at RMB218.5 million (US$30.5 million), compared with RMB134.9 million in the same period the previous year. RLX Technology's strategic focus on international expansion and a disciplined approach to cost control have been instrumental in delivering these robust results. The company remains optimistic about its ability to continue navigating complex market conditions and leveraging new growth opportunities in the global e-vapor industry.
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