RLX Technology Gross Profit Jumps 47.8% as Margin Expands in Q2
RLX Technology reported Q2 2026 gross profit up 47.8% year over year to RMB357.8 million as gross margin widened by 790 basis points to 35.4%. Net revenue rose 14.8% to RMB1.01 billion, aided by a more favorable revenue mix and supply-chain optimization. Operating income under GAAP increased 234.7% to RMB130.4 million, and RLX bought a 51% stake in a major Western Europe distributor in July 2026.