Tuya Inc. logo

Tuya Inc.

TUYA

NYSETechnologySoftware - Infrastructure

Previous close

$1.80

+$0.05 · +2.86%

Aug 21, 4:00 PM ET

TUYA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

24

Weakening

Sentiment

48

Mixed

Risk resilience

43

Elevated Risk

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Company profile

Company website

Tuya Inc. operates a global cloud platform for the Internet of Things (IoT), providing comprehensive solutions to facilitate smart technology integration. The company delivers an IoT Platform-as-a-Service (PaaS), empowering brands, original equipment manufacturers (OEMs), and developers to conceive, introduce, supervise, and monetize their intelligent devices and related services. Additionally, Tuya offers industry-focused Software-as-a-Service (SaaS) to help businesses implement, link, and manage various types of connected hardware. Beyond its core platforms, Tuya furnishes a suite of cloud-based supplementary services, designed to assist businesses, developers, and end-users in crafting and maintaining their IoT interactions. The firm also directly markets and sells completed smart devices. Tuya's diverse offerings are deployed across numerous sectors, such as smart homes, commercial settings, healthcare, education, agriculture, outdoor and sports industries, and entertainment. Founded in 2014, Tuya Inc. is headquartered in Hangzhou, People's Republic of China.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
CN
CEO
Xueji Wang
Listed since
Mar 19, 2021
Employees
1,441

Market position

Day range

Current $1.80

52-week range

Current $1.80

Open
$1.755
Previous close
$1.75
Volume
627.21K
0.7× average
Average volume
897.93K
Average daily volume
Market cap
1.1B USD
Beta
0.54
Market reference 1
50-day average
$1.7986
+0.08% above average
200-day average
$2.1386
-15.83% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
405.32M USD
P/E (TTM)
17.54×
P/B (TTM)
1.1×
P/S (TTM)
3.36×
EV / EBITDA
6.22×
Earnings yield
4.50%
Free cash flow yield
5.73%
Dividend yield
6.36%

Profitability & efficiency

Gross margin
47.81%
Operating margin
3.44%
Net margin
19.11%
Return on equity
5.68%
Return on assets
5.13%
Return on invested capital
0.13%

Financial health

Debt / equity
0.01×
Current ratio
9.63×
Altman Z-score
5.01
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends61%9%-42%-94%Gross margin, FY2021: 42.33%Gross margin, FY2022: 42.96%Gross margin, FY2023: 46.37%Gross margin, FY2024: 47.36%Gross margin, FY2025: 48.18%Operating margin, FY2021: -60.77%Operating margin, FY2022: -80.79%Operating margin, FY2023: -46.01%Operating margin, FY2024: -15.95%Operating margin, FY2025: 0.41%Net margin, FY2021: -58.07%Net margin, FY2022: -70.22%Net margin, FY2023: -26.23%Net margin, FY2024: 1.67%Net margin, FY2025: 17.99%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 42.33%. Gross margin FY2022 42.96%. Gross margin FY2023 46.37%. Gross margin FY2024 47.36%. Gross margin FY2025 48.18%. Operating margin FY2021 -60.77%. Operating margin FY2022 -80.79%. Operating margin FY2023 -46.01%. Operating margin FY2024 -15.95%. Operating margin FY2025 0.41%. Net margin FY2021 -58.07%. Net margin FY2022 -70.22%. Net margin FY2023 -26.23%. Net margin FY2024 1.67%. Net margin FY2025 17.99%.

Income trends

Revenue

322.64M USD+8.05%

Operating income

1.33M USD+48.95M USD

Net income

58.04M USD+1061.56%
Income trends across reported periods373.26M USD170.78M USD−31.7M USD−234.18M USDRevenue, FY2021: 302.08M USDRevenue, FY2022: 208.17M USDRevenue, FY2023: 229.99M USDRevenue, FY2024: 298.62M USDRevenue, FY2025: 322.64M USDOperating income, FY2021: −183.56M USDOperating income, FY2022: −168.19M USDOperating income, FY2023: −105.82M USDOperating income, FY2024: −47.62M USDOperating income, FY2025: 1.33M USDNet income, FY2021: −175.42M USDNet income, FY2022: −146.18M USDNet income, FY2023: −60.32M USDNet income, FY2024: 5M USDNet income, FY2025: 58.04M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 302.08M USD. Revenue FY2022 208.17M USD. Revenue FY2023 229.99M USD. Revenue FY2024 298.62M USD. Revenue FY2025 322.64M USD. Operating income FY2021 −183.56M USD. Operating income FY2022 −168.19M USD. Operating income FY2023 −105.82M USD. Operating income FY2024 −47.62M USD. Operating income FY2025 1.33M USD. Net income FY2021 −175.42M USD. Net income FY2022 −146.18M USD. Net income FY2023 −60.32M USD. Net income FY2024 5M USD. Net income FY2025 58.04M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue322.64M USD298.62M USD229.99M USD208.17M USD302.08M USD
Cost of goods sold167.19M USD157.19M USD123.34M USD118.75M USD174.21M USD
Gross profit155.45M USD141.43M USD106.66M USD89.42M USD127.87M USD
Research and development89.92M USD95.05M USD102.28M USD144.94M USD174.29M USD
Selling, general, and administrative64.2M USD105.34M USD121.1M USD123.18M USD146.97M USD
Operating expenses154.12M USD189.05M USD212.48M USD257.61M USD311.43M USD
Interest income44.3M USD50.42M USD45.05M USD22.9M USD8.05M USD
Depreciation and amortization5.18M USD5.07M USD6.55M USD8.21M USD10.35M USD
Operating income1.33M USD−47.62M USD−105.82M USD−168.19M USD−183.56M USD
Net income58.04M USD5M USD−60.32M USD−146.18M USD−175.42M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 0 misses, 4 met estimates
Average EPS surprise
+60.90%
11 comparable reports
Latest EPS result
0.03
Estimate 0.03 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.080.060.040.02Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25MetQ4 '25MetQ1 '26MetQ2 '26MetQ3 '26Estimate
Q4 2024, reported Nov 18, 2024: actual 0.04, estimate 0.025, surprise +60.00%, Beat. Q1 2025, reported Feb 26, 2025: actual 0.04, estimate 0.025, surprise +60.00%, Beat. Q2 2025, reported May 20, 2025: actual 0.03, estimate 0.02, surprise +50.00%, Beat. Q3 2025, reported Aug 26, 2025: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q4 2025, reported Nov 24, 2025: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q1 2026, reported Mar 2, 2026: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q2 2026, reported May 11, 2026: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q3 2026, reported Aug 24, 2026: actual —, estimate 0.03, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates91.35M84.08M76.81M69.54MQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 18, 2024: actual 81.62M USD, estimate 75.49M USD, surprise +8.11%, Beat. Q1 2025, reported Feb 26, 2025: actual 82.06M USD, estimate 79.7M USD, surprise +2.96%, Beat. Q2 2025, reported May 20, 2025: actual 74.69M USD, estimate 73.05M USD, surprise +2.24%, Beat. Q3 2025, reported Aug 26, 2025: actual 80.13M USD, estimate 78.44M USD, surprise +2.15%, Beat. Q4 2025, reported Nov 24, 2025: actual 82.49M USD, estimate 81.62M USD, surprise +1.06%, Beat. Q1 2026, reported Mar 2, 2026: actual 84.49M USD, estimate 79.53M USD, surprise +6.24%, Beat. Q2 2026, reported May 11, 2026: actual 80.88M USD, estimate 80.67M USD, surprise +0.26%, Beat. Q3 2026, reported Aug 24, 2026: actual —, estimate 87.83M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$3.69

105.00% upside
Past 12 months12-month forecastHigh $3.69Average $3.69Low $3.69

Recent analyst actions

1 institution
Morgan StanleyupgradeEqual WeightOverweight

TUYA news

Corporate actions

Corporate action history

Dividend

Ex-dividend Mar 18, 2026

$0.0605

Semi-Annual

Record Mar 18, 2026 · Payment Apr 21, 2026

Dividend

Ex-dividend Sep 11, 2025

$0.054

Semi-Annual

Record Sep 11, 2025 · Payment Oct 20, 2025

Dividend

Ex-dividend Mar 13, 2025

$0.05

Semi-Annual

Record Mar 13, 2025 · Payment Apr 15, 2025

Dividend

Ex-dividend Sep 11, 2024

$0.0589

Special

Record Sep 11, 2024 · Payment Oct 15, 2024

TUYA peers

ETFs holding TUYA

Funds reporting this stock among their holdings, ordered by reported position size.

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