Stocks · Technology · Services-Prepackaged Software

Tuya Inc.

TUYA Clue Score72
Cayman Islands Fiscal year ends December CIK 0001829118
$1.72 +1.18% Close, 9 Oct 2026
Price $1.72 −80.05% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 18 Mar 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue105.8Operating income−73.4Net income−70.5EPS, diluted−0.33Fiscal year 2020Revenue179.9 +70.0%Operating income−69.8Net income−66.9EPS, diluted−0.30Fiscal year 2021Revenue302.1 +67.9%Operating income−183.6Net income−175.4EPS, diluted−0.36Fiscal year 2022Revenue208.2 −31.1%Operating income−168.2Net income−146.2EPS, diluted−0.26Fiscal year 2023Revenue230.0 +10.5%Operating income−105.8Net income−60.3EPS, diluted−0.11Fiscal year 2024Revenue298.6 +29.8%Operating income−47.6Net income5.0EPS, diluted0.01Fiscal year 2025Revenue321.8 +7.8%Operating income11.5Net income57.9 +1,058.5%EPS, diluted0.09
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 105.8 179.9 302.1 208.2 230.0 298.6 321.8
Growth +70.0% +67.9% −31.1% +10.5% +29.8% +7.8%
Operating income −73.4 −69.8 −183.6 −168.2 −105.8 −47.6 11.5
Net income −70.5 −66.9 −175.4 −146.2 −60.3 5.0 57.9
Growth +1,058.5%
EPS, diluted −0.33 −0.30 −0.36 −0.26 −0.11 0.01 0.09

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin26.3%Operating margin−69.4%Net margin−66.6%Free cash flow margin−55.8%Fiscal year 2020Gross margin34.4%Operating margin−38.8%Net margin−37.2%Free cash flow margin−29.1%Fiscal year 2021Gross margin42.3%Operating margin−60.8%Net margin−58.1%Free cash flow margin−43.8%Fiscal year 2022Gross margin43.0%Operating margin−80.8%Net margin−70.2%Free cash flow margin−34.3%Fiscal year 2023Gross margin46.4%Operating margin−46.0%Net margin−26.2%Free cash flow margin15.2%Fiscal year 2024Gross margin47.4%Operating margin−15.9%Net margin1.7%Free cash flow margin25.5%Fiscal year 2025Gross margin48.2%Operating margin3.6%Net margin18.0%Free cash flow margin23.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 26.3% 34.4% 42.3% 43.0% 46.4% 47.4% 48.2%
Operating margin −69.4% −38.8% −60.8% −80.8% −46.0% −15.9% 3.6%
Net margin −66.6% −37.2% −58.1% −70.2% −26.2% 1.7% 18.0%
Free cash flow margin −55.8% −29.1% −43.8% −34.3% 15.2% 25.5% 23.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−56.6Capital expenditure−2.5Free cash flow−59.1Fiscal year 2020Operating cash flow−49.2Capital expenditure−3.2Free cash flow−52.4Fiscal year 2021Operating cash flow−126.1Capital expenditure−6.2Free cash flow−132.3Buybacks−64.0Fiscal year 2022Operating cash flow−70.7Capital expenditure−0.7Free cash flow−71.4Buybacks−48.7Fiscal year 2023Operating cash flow36.4Capital expenditure−1.5Free cash flow34.9Buybacks−3.3Fiscal year 2024Operating cash flow80.4Capital expenditure−4.2Free cash flow76.2 +118.0%Buybacks−0.1Dividends paid−33.0Fiscal year 2025Operating cash flow81.0Capital expenditure−7.1Free cash flow73.9 −3.0%Buybacks−0.0Dividends paid−69.8
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −56.6 −49.2 −126.1 −70.7 36.4 80.4 81.0
Capital expenditure −2.5 −3.2 −6.2 −0.7 −1.5 −4.2 −7.1
Free cash flow −59.1 −52.4 −132.3 −71.4 34.9 76.2 73.9
Growth +118.0% −3.0%
Buybacks n/a n/a −64.0 −48.7 −3.3 −0.1 −0.0
Dividends paid n/a n/a n/a n/a n/a −33.0 −69.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash213.3Shareholders’ equity−110.1Fiscal year 2020Cash158.8Shareholders’ equity−164.7Fiscal year 2021Cash963.9Shareholders’ equity1,113.7Fiscal year 2022Cash133.2Shareholders’ equity962.2Fiscal year 2023Cash498.7Shareholders’ equity970.6Fiscal year 2024Cash653.3Shareholders’ equity1,007.4Fiscal year 2025Cash890.7Shareholders’ equity1,022.6
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 213.3 158.8 963.9 133.2 498.7 653.3 890.7
Shareholders’ equity −110.1 −164.7 1,113.7 962.2 970.6 1,007.4 1,022.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
−56.6 −49.2 −126.1 −70.7 36.4 80.4 81.0
Growth +120.5% +0.9%
0.8 1.7 3.4 3.4 2.4 1.6 1.2
Investment
−2.5 −3.2 −6.2 −0.7 −1.5 −4.2 −7.1
calc −59.1 −52.4 −132.3 −71.4 34.9 76.2 73.9
Growth +118.0% −3.0%
calc −0.27 −0.24 −0.27 −0.13 0.06 0.13 0.12
8.5 −7.9 −113.0 −714.2 332.5 107.4 226.0
Financing
174.2 −0.2 1,041.8 −38.6 −2.2 −33.2 −69.9
n/a n/a n/a n/a n/a −33.0 −69.8
n/a n/a −64.0 −48.7 −3.3 −0.1 −0.0

† The diluted share count jumps at 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.