Tuya Inc. (TUYA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Tuya Inc. (TUYA) stock price & volume — 10-year historical chart
Tuya Inc. (TUYA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Tuya Inc. (TUYA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.03vs $0.03+0.0% | $81Mvs $81M+0.3% |
| Q2 2026 | Mar 2, 2026 | $0.03vs $0.03+0.0% | $84Mvs $80M+6.2% |
| Q4 2025 | Nov 24, 2025 | $0.03vs $0.03+0.0% | $82Mvs $82M+1.1% |
| Q3 2025 | Aug 26, 2025 | $0.02vs $0.03-31.0% | $80Mvs $78M+2.2% |
Tuya Inc. (TUYA) competitors in Cloud infrastructure and hosting — business model, growth, and fundamentals comparison
Tuya Inc. (TUYA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Tuya Inc. (TUYA) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 105.79M | 179.87M | 302.08M | 208.17M | 229.99M | 298.62M | 322.64M | 318.49M |
Revenue Growth % | - | 70.03% | 67.94% | -31.09% | 10.48% | 29.84% | 8.05% | 22.29% |
Cost of Goods Sold | 78M | 117.94M | 174.21M | 118.75M | 123.33M | 157.19M | 167.19M | 166.74M |
COGS % of Revenue | 73.73% | 65.57% | 57.67% | 57.04% | 53.63% | 52.64% | 51.82% | - |
Gross Profit | 27.79M▲ 0% | 61.94M▲ 122.9% | 127.87M▲ 106.4% | 89.42M▼ 30.1% | 106.66M▲ 19.3% | 141.43M▲ 32.6% | 155.45M▲ 9.9% | 151.89M▲ 0% |
Gross Margin % | 26.27% | 34.43% | 42.33% | 42.96% | 46.37% | 47.36% | 48.18% | 47.69% |
Gross Profit Growth % | - | 122.91% | 106.45% | -30.07% | 19.27% | 32.61% | 9.91% | - |
Operating Expenses | 101.23M | 131.78M | 311.43M | 257.61M | 212.48M | 189.05M | 154.12M | 173.02M |
OpEx % of Revenue | 95.69% | 73.26% | 103.1% | 123.75% | 92.39% | 63.31% | 47.77% | - |
Selling, General & Admin | 49.21M | 55.42M | 146.97M | 123.17M | 121.1M | 105.33M | 64.2M | 89.18M |
SG&A % of Revenue | 46.52% | 30.81% | 48.65% | 59.17% | 52.66% | 35.27% | 19.9% | - |
Research & Development | 52M | 77.43M | 174.29M | 144.94M | 102.28M | 95.05M | 89.92M | 93.84M |
R&D % of Revenue | 49.16% | 43.05% | 57.7% | 69.63% | 44.47% | 31.83% | 27.87% | - |
Other Operating Expenses | 10K | -1.07M | -9.84M | -10.51M | -10.9M | -11.33M | 0 | -4M |
Operating Income | -73.44M▲ 0% | -69.85M▲ 4.9% | -183.56M▼ 162.8% | -168.19M▲ 8.4% | -105.82M▲ 37.1% | -47.62M▲ 55.0% | 1.33M▲ 102.8% | -21.27M▲ 0% |
Operating Margin % | -69.42% | -38.83% | -60.77% | -80.79% | -46.01% | -15.95% | 0.41% | -6.68% |
Operating Income Growth % | - | 4.89% | -162.81% | 8.38% | 37.08% | 55% | 102.8% | - |
EBITDA | -70.04M | -64.16M | -173.21M | -159.98M | -99.28M | -42.55M | 1.33M | -20.66M |
EBITDA Margin % | -66.21% | -35.67% | -57.34% | -76.85% | -43.16% | -14.25% | 0.41% | -6.49% |
EBITDA Growth % | - | 8.39% | -169.96% | 7.64% | 37.94% | 57.13% | 103.13% | 69.04% |
D&A (Non-Cash Add-back) | 3.4M | 5.68M | 10.35M | 8.21M | 6.55M | 5.07M | 0 | 612.25K |
EBIT | -73.44M | -69.85M | -183.56M | -168.19M | -105.82M | -47.62M | 1.33M | -21.27M |
Net Interest Income | 3.33M | 3.07M | 8.04M | 22.9M | 45.05M | 50.42M | 44.3M | 48.36M |
Interest Income | 3.33M | 3.07M | 8.04M | 22.9M | 45.05M | 50.42M | 44.3M | 48.36M |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Income/Expense | 3.09M | 3.14M | 8.63M | 23.89M | 48.76M | 54.76M | 58.67M | 52.56M |
Pretax Income | -70.35M▲ 0% | -66.71M▲ 5.2% | -174.93M▼ 162.2% | -144.29M▲ 17.5% | -57.07M▲ 60.5% | 7.14M▲ 112.5% | 60M▲ 740.1% | 31.29M▲ 0% |
Pretax Margin % | -66.5% | -37.08% | -57.91% | -69.32% | -24.81% | 2.39% | 18.6% | 9.82% |
Income Tax | 124K | 206K | 490K | 1.88M | 3.25M | 2.15M | 1.96M | 2.27M |
Effective Tax Rate % | -0.18% | -0.31% | -0.28% | -1.3% | -5.69% | 30.03% | 3.26% | 7.25% |
Net Income | -70.48M▲ 0% | -66.91M▲ 5.1% | -175.42M▼ 162.2% | -146.18M▲ 16.7% | -60.31M▲ 58.7% | 5M▲ 108.3% | 58.04M▲ 1061.6% | 29.06M▲ 0% |
Net Margin % | -66.62% | -37.2% | -58.07% | -70.22% | -26.23% | 1.67% | 17.99% | 9.12% |
Net Income Growth % | - | 5.06% | -162.17% | 16.67% | 58.74% | 108.28% | 1061.56% | 280.09% |
Net Income (Continuing) | -70.48M | -66.91M | -175.42M | -146.18M | -60.31M | 5M | 58.04M | 29.02M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.13▲ 0% | -0.12▲ 7.7% | -0.36▼ 200.0% | -0.26▲ 27.8% | -0.11▲ 57.7% | 0.01▲ 107.7% | 0.09▲ 1012.9% | 0.05▲ 0% |
EPS Growth % | - | 7.69% | -200% | 27.78% | 57.69% | 107.73% | - | 263.36% |
EPS (Basic) | -0.13 | -0.12 | -0.36 | -0.26 | -0.11 | 0.01 | 0.09 | - |
Diluted Shares Outstanding | 561.25M | 561.25M | 489.15M | 553.53M | 555.47M | 591.01M | 613.81M | 610.48M |
Basic Shares Outstanding | 561.25M | 561.25M | 489.15M | 553.53M | 548.32M | 573.78M | 611.71M | 608.53M |
Dividend Payout Ratio | - | - | - | - | - | 661.17% | 120.34% | - |
Tuya Inc. (TUYA) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 266.71M | 248.03M | 1.19B | 1.02B | 847.8M | 903.02M | 1.02B | 896.62M |
Cash & Short-Term Investments | 229.92M | 179.77M | 1.07B | 954.29M | 789.71M | 847.87M | 952.48M | 834.41M |
Cash Only | 213.26M | 158.79M | 963.94M | 133.16M | 498.69M | 653.33M | 890.71M | 724.08M |
Short-Term Investments | 16.66M | 20.98M | 102.13M | 821.13M | 291.02M | 194.54M | 61.77M | 110.33M |
Accounts Receivable | 7.07M | 21.79M | 35.01M | 14.94M | 14.17M | 22.71M | 23.3M | 23.54M |
Days Sales Outstanding | 24.41 | 44.22 | 42.31 | 26.19 | 22.49 | 27.76 | 26.36 | 23.86 |
Inventory | 23.02M | 42.27M | 62.58M | 45.38M | 32.87M | 23.84M | 30.94M | 20.67M |
Days Inventory Outstanding | 107.71 | 130.81 | 131.12 | 139.49 | 97.26 | 55.36 | 67.55 | 51.66 |
Other Current Assets | 42K | 190K | 29.91M | 8.75M | 11.05M | 1.01M | 16.49M | 18M |
Total Non-Current Assets | 12.7M | 19.29M | 56.88M | 32.77M | 218.6M | 200.76M | 109.3M | 207.52M |
Property, Plant & Equipment | 11.5M | 16.64M | 28.99M | 13.56M | 10.24M | 11.17M | 21.3M | 14.66M |
Fixed Asset Turnover | 9.20x | 10.81x | 10.42x | 15.35x | 22.47x | 26.74x | 15.15x | 26.84x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 8.82M | 0 | 8.77M |
Long-Term Investments | 430K | 920K | 26.08M | 18.03M | 207.49M | 180.09M | 77.46M | 768.56M |
Other Non-Current Assets | 769K | 1.73M | 1.82M | 1.18M | 877K | 678K | 10.54M | 320K |
Total Assets | 279.4M▲ 0% | 267.32M▼ 4.3% | 1.25B▲ 366.9% | 1.06B▼ 15.4% | 1.07B▲ 1.0% | 1.1B▲ 3.5% | 1.13B▲ 2.6% | 1.1B▲ 0% |
Asset Turnover | 0.38x | 0.67x | 0.24x | 0.20x | 0.22x | 0.27x | 0.28x | 0.29x |
Asset Growth % | - | -4.32% | 366.91% | -15.38% | 0.97% | 3.51% | 2.6% | 15.01% |
Total Current Liabilities | 50.36M | 91.93M | 109.1M | 81.28M | 87.53M | 94.34M | 106.23M | 91.61M |
Accounts Payable | 12.18M | 23.16M | 12.21M | 9.6M | 11.58M | 19.05M | 31.78M | 23.05M |
Days Payables Outstanding | 56.98 | 71.67 | 25.59 | 29.49 | 34.26 | 44.24 | 69.38 | 43.56 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 1.99M | 0 |
Deferred Revenue (Current) | 14.57M | 30.55M | 40.34M | 34.45M | 38.58M | 0 | 39.06M | 107.75M |
Other Current Liabilities | 7.76M | 870K | 5.14M | 16.53M | 19.01M | 58.55M | 33.26M | 0 |
Current Ratio | 5.30x | 2.70x | 10.92x | 12.59x | 9.69x | 9.57x | 9.63x | 9.79x |
Quick Ratio | 4.84x | 2.24x | 10.35x | 12.03x | 9.31x | 9.32x | 9.34x | 9.56x |
Cash Conversion Cycle | 75.14 | 103.35 | 147.84 | 136.19 | 85.49 | 38.88 | 24.54 | 31.96 |
Total Non-Current Liabilities | 339.14M | 340.06M | 25.39M | 12.69M | 8.3M | 2M | 3.68M | 2.12M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 5.21M | 5.69M | 16.05M | 5.29M | 3.9M | 851K | 3.33M | 5.63M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 333.67M | 333.67M | 8.48M | 7M | 3.89M | 767K | 0 | 0 |
Total Liabilities | 389.5M | 431.99M | 134.49M | 93.97M | 95.83M | 96.33M | 109.91M | 93.74M |
Total Debt | 8.97M | 12.01M | 21.75M | 9.14M | 7.79M | 4.65M | 5.31M | 4.21M |
Net Debt | -204.28M | -146.78M | -942.19M | -124.02M | -490.9M | -648.68M | -885.4M | -719.87M |
Debt / Equity | - | - | 0.02x | 0.01x | 0.01x | 0.00x | 0.01x | 0.00x |
Debt / EBITDA | - | - | - | - | - | - | 3.99x | -0.20x |
Net Debt / EBITDA | - | - | - | - | - | - | -664.96x | 34.84x |
Interest Coverage | - | - | - | - | - | - | - | - |
Total Equity | -110.09M▲ 0% | -164.67M▼ 49.6% | 1.11B▲ 776.3% | 962.17M▼ 13.6% | 970.57M▲ 0.9% | 1.01B▲ 3.8% | 1.02B▲ 1.5% | 1.01B▲ 0% |
Equity Growth % | - | -49.57% | 776.31% | -13.6% | 0.87% | 3.8% | 1.5% | 8.57% |
Book Value per Share | -0.20 | -0.29 | 2.28 | 1.74 | 1.75 | 1.70 | 1.67 | 1.66 |
Total Shareholders' Equity | -110.09M | -164.67M | 1.11B | 962.17M | 970.57M | 1.01B | 1.02B | 1.01B |
Common Stock | 11K | 11K | 29K | 29K | 29K | 29K | 31K | 31K |
Retained Earnings | -125.56M | -192.47M | -367.9M | -514.07M | -574.85M | -569.85M | -511.96M | -546.26M |
Treasury Stock | 0 | 0 | -46.93M | -86.44M | -53.63M | -15.73M | -12K | 0 |
Accumulated OCI | -2.4M | 481K | 2.32M | -22.11M | -17.09M | -19.72M | -14.84M | -19.23M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tuya Inc. (TUYA) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | -56.66M | -49.3M | -126.27M | -70.57M | 36.41M | 80.39M | 81.04M | 81.64M |
Operating CF Margin % | -53.56% | -27.41% | -41.8% | -33.9% | 15.83% | 26.92% | 25.12% | - |
Operating CF Growth % | - | 13% | -156.15% | 44.11% | 151.6% | 120.79% | 0.81% | 18.9% |
Net Income | -70.6M | -67.03M | -175.66M | -146M | -60.26M | 5M | 57.89M | 29.06M |
Depreciation & Amortization | 3.4M | 5.69M | 10.36M | 8.2M | 6.54M | 5.07M | 5.18M | 0 |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 22.26M | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 6.13M | 10.21M | 70.83M | 65.35M | 84.06M | 70.64M | 5.99M | 52.64M |
Working Capital Changes | 4.41M | 1.82M | -31.81M | 1.88M | 6.07M | -313.16K | -10.29M | 0 |
Change in Receivables | -1.39M | -16.02M | -15.72M | 18.84M | -1.24M | -2.16M | -7.58M | 0 |
Change in Inventory | -11.06M | -19.82M | -22.15M | 13.12M | 9.21M | 7.03M | -8.16M | 0 |
Change in Payables | 7.51M | 11M | -10.96M | -2.61M | 1.98M | 5.92M | 9.56M | 0 |
Cash from Investing | 8.51M | -7.87M | -113.11M | -713.38M | 332.17M | 107.48M | 225.98M | 97.51M |
Capital Expenditures | -2.49M | -3.21M | -6.2M | -709.16K | -1.5M | -13.1M | -7.14M | 0 |
CapEx % of Revenue | 2.35% | 1.78% | 2.05% | 0.34% | 0.65% | 4.39% | 2.21% | 0% |
Acquisitions | 5.01K | 5.01K | 28.04K | 463.45K | 508.56K | 163.08K | 0 | 0 |
Investments | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | -2.31M | 1.5M | 0 | -1.5M | 1.52M | 97.51M |
Cash from Financing | 174.53M | -172.3K | 1.04B | -38.54M | -2.22M | -33.22M | -69.87M | -70.35M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | 174.53M | -182.31K | 1.04B | -38.54M | -2.15M | 98.05K | -22K | 0 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | -33.04M | -69.85M | 0 |
Share Repurchases | -3.76M | 0 | -64.08M | -48.62M | -3.34M | -70.03K | -24K | 0 |
Other Financing | 0 | 10.02K | 0 | 0 | -70.94K | -276.14K | 0 | -70.35M |
Net Change in Cash | 213.29M▲ 0% | -54.33M▼ 125.5% | 805.6M▲ 1582.8% | -831.39M▼ 203.2% | 365.53M▲ 144.0% | 154.69M▼ 57.7% | 237.57M▲ 53.6% | 109.15M▲ 0% |
Free Cash Flow | -59.15M▲ 0% | -52.5M▲ 11.2% | -132.47M▼ 152.3% | -71.28M▲ 46.2% | 34.91M▲ 149.0% | 76.21M▲ 118.3% | 73.9M▼ 3.0% | 0▲ 0% |
FCF Margin % | -55.91% | -29.19% | -43.85% | -34.24% | 15.18% | 25.52% | 22.91% | 0% |
FCF Growth % | - | 11.24% | -152.32% | 46.19% | 148.98% | 118.27% | -3.02% | - |
FCF per Share | -0.11 | -0.09 | -0.27 | -0.13 | 0.06 | 0.13 | 0.12 | 0.00 |
FCF Conversion (FCF/Net Income) | 0.80x | 0.74x | 0.72x | 0.48x | -0.60x | 16.09x | 1.40x | 0.00x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 197K | 210K | 616K | 843K | 2.82M | 2.69M | 2.53M | 0 |
Tuya Inc. (TUYA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | -36.97% | -14.08% | -6.24% | 0.51% | 5.72% | 2.91% |
Return on Invested Capital (ROIC) | - | -80.29% | -24.99% | -12.05% | -8.52% | 0.4% | -5.05% |
Gross Margin | 34.43% | 42.33% | 42.96% | 46.37% | 47.36% | 48.18% | 47.69% |
Net Margin | -37.2% | -58.07% | -70.22% | -26.23% | 1.67% | 17.99% | 9.12% |
Debt / Equity | - | 0.02x | 0.01x | 0.01x | 0.00x | 0.01x | 0.00x |
FCF Conversion | 0.74x | 0.72x | 0.48x | -0.60x | 16.09x | 1.40x | 0.00x |
Revenue Growth | 70.03% | 67.94% | -31.09% | 10.48% | 29.84% | 8.05% | 22.29% |
Tuya Inc. (TUYA) stock FAQ — growth, dividends, profitability & financials explained
Tuya Inc. (TUYA) reported $318.5M in revenue for fiscal year 2025. This represents a 201% increase from $105.8M in 2019.
Tuya Inc. (TUYA) grew revenue by 8.0% over the past year. This is steady growth.
Yes, Tuya Inc. (TUYA) is profitable, generating $29.1M in net income for fiscal year 2025 (18.0% net margin).
Yes, Tuya Inc. (TUYA) pays a dividend with a yield of 6.09%. This makes it attractive for income-focused investors.
Tuya Inc. (TUYA) has a return on equity (ROE) of 5.7%. This is below average, suggesting room for improvement.
Tuya Inc. (TUYA) generated $73.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.