Invesaro

Stocks Comparison

Ispire Technology vs RLX Technology: revenue, profit, margins and growth compared

Ispire Technology brought in $96M of revenue in fiscal 2026, RLX Technology $566.1M in fiscal 2025. Revenue changed by -24.7% at Ispire Technology and +50.3% at RLX Technology on the year before, so RLX Technology grew faster. Ispire Technology kept -34.6% of its revenue as net profit, RLX Technology 23.3%. Free cash flow was -$875.4K at Ispire Technology and $141.1M at RLX Technology.

Side by side, latest fiscal year

ISPRRLX
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$96M$566.1M
Revenue growth-24.7%+50.3%
Net income-$33.2M$131.8M
Net margin-34.6%23.3%
Free cash flow-$875.4K$141.1M
Free cash flow margin-0.9%24.9%
Earnings per share (diluted)-$0.58$0.10
Cash$19.3M$767.5M
Debtn/an/a
Price to earningsn/an/a
Market value$77.5M$2.6B
Dividend yieldn/an/a
Rank by revenue in sector#305 of 523 · Health care#186 of 523 · Health care

Over the years

Revenue
ISPR FY2023: $88.1MISPR FY2023: $115.6MISPR FY2024: $151.9MISPR FY2025: $127.5MISPR FY2026: $96MRLX FY2020: $585.4MRLX FY2021: $1.3BRLX FY2022: $773.2MRLX FY2023: $223.4MRLX FY2024: $376.6MRLX FY2025: $566.1MFY20FY21FY22FY23FY24FY25FY26
ISPR $96MRLX $566.1M
Net income
ISPR FY2023: -$1.9MISPR FY2023: -$6MISPR FY2024: -$14.8MISPR FY2025: -$39.2MISPR FY2026: -$33.2MRLX FY2020: -$19.6MRLX FY2021: $317.7MRLX FY2022: $209MRLX FY2023: $75.3MRLX FY2024: $75.6MRLX FY2025: $131.8MFY20FY21FY22FY23FY24FY25FY26
ISPR -$33.2MRLX $131.8M
Net margin
ISPR FY2023: -2.1%ISPR FY2023: -5.2%ISPR FY2024: -9.7%ISPR FY2025: -30.8%ISPR FY2026: -34.6%RLX FY2020: -3.4%RLX FY2021: 23.8%RLX FY2022: 27.0%RLX FY2023: 33.7%RLX FY2024: 20.1%RLX FY2025: 23.3%FY20FY21FY22FY23FY24FY25FY26
ISPR -34.6%RLX 23.3%
Revenue growth
ISPR FY2023: +31.2%ISPR FY2024: +31.4%ISPR FY2025: -16.1%ISPR FY2026: -24.7%RLX FY2021: +128.4%RLX FY2022: -42.2%RLX FY2023: -71.1%RLX FY2024: +68.5%RLX FY2025: +50.3%FY21FY22FY23FY24FY25FY26
ISPR -24.7%RLX +50.3%
Free cash flow
ISPR FY2023: -$7.7MISPR FY2023: -$9.5MISPR FY2024: -$20.3MISPR FY2025: -$8.5MISPR FY2026: -$875.4KRLX FY2020: $394.9MRLX FY2021: $261.9MRLX FY2022: $65MRLX FY2023: $24MRLX FY2024: $115.7MRLX FY2025: $141.1MFY20FY21FY22FY23FY24FY25FY26
ISPR -$875.4KRLX $141.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ispire Technology and RLX Technology

Which is bigger by revenue, Ispire Technology or RLX Technology?

RLX Technology is bigger by revenue: $566.1M in fiscal 2025, against $96M for Ispire Technology in fiscal 2026.

Which keeps more of its revenue as profit, Ispire Technology or RLX Technology?

Ispire Technology had a net margin of -34.6% in fiscal 2026; RLX Technology had 23.3% in fiscal 2025.

Which grew revenue faster, Ispire Technology or RLX Technology?

In their latest fiscal years revenue changed by -24.7% at Ispire Technology and +50.3% at RLX Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies