Tuya Inc. (TUYA) — Financial statements
Income statement, balance sheet, and cash flow for Tuya Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 323↑8.0% | 299↑29.8% | 230↑10.5% | 208↓31.1% | 302 | |
| Cost of Revenue | 167↑6.4% | 157↑27.4% | 123↑3.9% | 119↓31.8% | 174 | |
| Gross Profit | 155↑9.9% | 141↑32.6% | 107↑19.3% | 89↓30.1% | 128 | |
| Operating Expenses | ||||||
| R&D Expenses | 90↓5.4% | 95↓7.1% | 102↓29.4% | 145↓16.8% | 174 | |
| General & Administrative Expenses | 0.00↓100.0% | 68↓15.4% | 81↑19.5% | 68↓5.7% | 72 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 37↓8.3% | 40↓27.3% | 56↓26.2% | 75 | |
| SG&A Expenses | 64↓39.1% | 105↓13.0% | 121↓1.7% | 123↓16.2% | 147 | |
| Other Expenses | 0.00↑100.0% | -11↓4.0% | -11↓3.7% | -11↓6.8% | -10 | |
| Operating Expenses | 154↓18.5% | 189↓11.0% | 212↓17.5% | 258↓17.3% | 311 | |
| Total Costs & Expenses | 321↓7.2% | 346↑3.1% | 336↓10.8% | 376↓22.5% | 486 | |
| Operating Results | ||||||
| Operating Income | 1↑102.8% | -48↑55.0% | -106↑37.1% | -168↑8.4% | -184 | |
| Depreciation & Amortization | 0.00↓100.0% | 5↓22.7% | 7↓20.2% | 8↓20.7% | 10 | |
| EBITDA | 1↑103.1% | -43↑57.1% | -99↑37.9% | -160↑7.6% | -173 | |
| EBIT | 1↑102.8% | -48↑55.0% | -106↑37.1% | -168↑8.4% | -184 | |
| Interest & Other Income | ||||||
| Net Interest Income | 44↓12.2% | 50↑11.9% | 45↑96.8% | 23↑184.6% | 8 | |
| Interest Income | 44↓12.2% | 50↑11.9% | 45↑96.8% | 23↑184.6% | 8 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 59↑7.1% | 55↑12.3% | 49↑104.1% | 24↑177.0% | 9 | |
| Income Before Tax | 60↑740.1% | 7↑112.5% | -57↑60.5% | -144↑17.5% | -175 | |
| Income Tax Expense | 2↓8.7% | 2↓34.0% | 3↑72.8% | 2↑283.7% | 0.49 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 58↑1061.6% | 5↑108.3% | -60↑58.7% | -146↑16.7% | -175 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 58↑1061.6% | 5↑108.3% | -60↑58.7% | -146↑16.7% | -175 | |
| Bottom-Line Net Income | 58↑1061.6% | 5↑108.3% | -60↑58.7% | -146↑16.7% | -175 | |
| EPS (Basic) | 0.09↑990.8% | 0.01↑107.9% | -0.11↑57.7% | -0.26↑27.8% | -0.36 | |
| EPS (Diluted) | 0.09↑1012.9% | 0.01↑107.7% | -0.11↑57.7% | -0.26↑27.8% | -0.36 | |
| Weighted Average Shares | 612↑6.6% | 574↑4.6% | 548↓0.9% | 554↑13.2% | 489 | |
| Weighted Average Diluted Shares | 614↑3.9% | 591↑6.4% | 555↑0.4% | 554↑13.2% | 489 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.