On Tuesday, shares of RLX Technology (RLX.US) rose more than 4% to $2.385. The company's financial results revealed that its net revenue for the fourth quarter of 2025 reached RMB 1.1413 billion (USD 163.2 million), representing a year-over-year increase of 40.3%. On a non-GAAP basis, the adjusted net profit for the quarter was RMB 323.0 million (USD 46.19 million), up 27.6% compared to the same period last year. For the full year 2025, net revenue amounted to RMB 3.9589 billion (USD 566.1 million), marking a 44.0% increase year-over-year. The full-year non-GAAP adjusted net profit was RMB 1.1623 billion (USD 166.2 million), a growth of 23.5%.
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