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TUYA stock ticker logo

Tuya Inc.

NYSE•TUYA
CEO: Mr. Xueji Wang
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 2021-03-19
Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices. It also offers cloud-based software value-added services that provides end users with smart features, such as cloud storage; and Cube Smart Private Cloud Solution which enables conglomerates to build their own autonomous and controllable IoT platforms; and could-based services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company provides smart solutions for IoT devices that integrates software capabilities; and enables developers to activate an IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a range of smart devices, as well as sells finished smart devices. It offers its solutions to smart home, smart business, renewable energy, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.
Contact Information
Building A, Huace Center, 10/F Xihu District, Hangzhou, 310012, China
86-84-4672-5646
www.tuya.com
Market Cap
$1.46B
P/E (TTM)
25.3
22.5
Dividend Yield
4.8%
52W High
$3.61
52W Low
$1.87
52W Range
30%
Rank38Top 36.9%
4.3
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Average • 4.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$84.86M+0.00%
4-Quarter Trend

EPS

$0.03+0.00%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Achieved First GAAP Net Profit GAAP net profit reached US$5.0M in 2024, marking a historic financial milestone after prior losses.
Total Revenue Increased 29.8% Total revenue hit US$298.6M in 2024, driven by strong growth across IoT PaaS and Smart Solution segments.
IoT PaaS Margin Expansion IoT PaaS gross margin improved to 47.1% in 2024; net expansion rate ended at 122%.
Strong Operating Cash Flow Generated US$80.4M in positive operating cash flow in 2024, supporting liquidity and dividend payments.

Risk Factors

PRC VIE Structure Uncertainty PRC government scrutiny of VIE structure creates substantial uncertainty regarding enforceability and consolidation basis.
Regulatory Scrutiny and Compliance Evolving global data privacy, cybersecurity laws, and PRC regulatory actions pose ongoing compliance challenges and costs.
Customer Concentration Risk Reliance on top customers presents risk; five largest customers accounted for 13.0% of 2024 total revenue.
Supply Chain and Inventory Risks Dependence on third-party suppliers for modules creates risks of cost increases, supply disruption, and quality issues.

Outlook

Advancing AI Agent Platform Launching AI Agent development platform to enable LLM integration, accelerating personalized AI device innovation.
Expanding Developer Ecosystem Committed to nurturing developer community, which reached 1.32 million registered users by end of 2024.
Continued Customer Focus Strategy focuses on expanding usage within existing large, diversified customer base for long-term revenue growth.
Initiated Shareholder Dividends Board approved dividend payments in 2024 (US$0.0589/share) and early 2025 (US$0.0608/share).

Peer Comparison

Revenue (TTM)

PLTK stock ticker logoPLTK
$2.76B
+8.1%
TIXT stock ticker logoTIXT
$2.73B
+2.6%
BHE stock ticker logoBHE
$2.66B
+0.1%

Gross Margin (Latest Quarter)

RZLV stock ticker logoRZLV
95.6%
+25.9pp
RDWR stock ticker logoRDWR
80.7%
-0.1pp
ATEN stock ticker logoATEN
78.7%
-0.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BHE$1.93B77.62.2%19.7%
DGII$1.80B42.16.8%16.8%
ATEN$1.54B36.520.6%34.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.3%
Moderate Growth
4Q Net Income CAGR
20.8%
Profitability Improved
Cash Flow Stability
50%
Cash Flow Needs Attention

Deep Research

Next earnings:May 19, 2026
|
EPS:$0.03
|
Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data