Tuya Financial Statements
NYSE: TUYATechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tuya revenue and earnings
In fiscal 2025, Tuya generated $321.8 million in revenue, up 7.8% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $57.9 million (+1058.5% year over year), for a net margin of 18.0% versus a median of -37.2% in the prior 5 years. Gross margin was 48.2% (up from 47.4%) and operating margin 3.6%.
Diluted earnings per share came in at $0.09, up from $0.01. Over the last 5 fiscal years, TUYA's revenue has grown at a 12.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tuya income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 321.79M | 298.62M | 229.99M | 208.17M | 302.08M | 179.87M | 105.79M |
| Revenue growth (YoY) | +7.76% | +29.84% | +10.48% | -31.09% | +67.94% | +70.03% | — |
| Cost of Revenue | 166.75M | 157.19M | 123.33M | 118.75M | 174.21M | 117.94M | 78.00M |
| Gross Profit | 155.04M | 141.43M | 106.66M | 89.42M | 127.87M | 61.94M | 27.79M |
| Operating Expenses | 143.56M | 189.05M | 212.48M | 257.61M | 311.43M | 131.78M | 101.23M |
| Research & Development | 89.69M | 95.05M | 102.28M | 144.94M | 174.29M | 77.43M | 52.00M |
| Selling, General & Admin | 64.03M | 105.33M | 121.10M | 123.17M | 146.97M | 55.42M | 49.21M |
| Operating Income | 11.48M | -47.62M | -105.82M | -168.19M | -183.56M | -69.85M | -73.44M |
| Other Income (Expense) | 5.21M | 4.18M | 3.11M | 2.90M | 1.96M | — | — |
| Pretax Income | 59.84M | 7.14M | -57.07M | -144.29M | -174.93M | -66.71M | -70.35M |
| Income Tax | 1.95M | 2.15M | 3.25M | 1.88M | 490.00K | 206.00K | 124.00K |
| Net Income | 57.89M | 5.00M | -60.31M | -146.18M | -175.42M | -66.91M | -70.48M |
| Net Income growth (YoY) | +1058.50% | — | — | — | — | — | — |
| EPS (Basic) | 0.09 | 0.01 | -0.11 | -0.26 | -0.36 | -0.30 | -0.33 |
| EPS (Diluted) | 0.09 | 0.01 | -0.11 | -0.26 | -0.36 | -0.30 | -0.33 |
| Shares Outstanding (Basic) | 611.71M | 573.78M | 555.47M | 553.53M | 489.15M | 221.98M | 221.98M |
| Shares Outstanding (Diluted) | 613.81M | 591.01M | 555.47M | 553.53M | 489.15M | 221.98M | 221.98M |
| EBITDA | 12.70M | -46.02M | -103.38M | -164.74M | -180.19M | -68.18M | -72.68M |
| Gross Margin | 48.18% | 47.36% | 46.37% | 42.96% | 42.33% | 34.43% | 26.27% |
| Operating Margin | 3.57% | -15.95% | -46.01% | -80.79% | -60.77% | -38.83% | -69.42% |
| Net Margin | 17.99% | 1.67% | -26.23% | -70.22% | -58.07% | -37.20% | -66.62% |
This table shows 7 annual periods of Tuya's income statement, from FY 2025 back to FY 2019, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TUYA's reporting calendar. What is a income statement?