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NYSE · Technology

Tuya Inc. (TUYA)

As-reported financials and SEC filings for Tuya Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Tuya Inc.

Tuya Inc. is a global AI cloud platform service provider that builds an AIoT developer ecosystem to enable smart devices. The company offers a platform integrating AI and IoT technologies, supporting developers with tools such as AI Agent development, multimodal AI interaction, and AI hardware components. Tuya serves a diverse range of customers including developers, consumer electronics manufacturers, and enterprises worldwide.

Snapshot

Revenue
$321.8M
Revenue growth (YoY)
7.8%
Net income
$57.9M
Diluted EPS
$0.09
Gross margin
48.2%
Operating margin
3.6%
Net margin
18.0%
FCF margin
23.0%
ROE
5.7%
net income / fiscal-year-end equity
P/E
17.1×
trailing when available, otherwise FY EPS
Market cap
$1.15B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Tuya

  • Revenue grew 7.8% to $322M in FY2025, slower than the 29.8% the year before.
  • Operating margin turned positive at 3.6% in FY2025, from a 60.8% operating loss in FY2021.
  • Free cash flow was $74M in FY2025, 23.0% of revenue.
  • Net income rose more than tenfold to $58M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Tuya’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin48.2%
29th percentile of 264
Operating margin3.6%
55th percentile of 303
Net margin18.0%
81st percentile of 307
FCF margin23.0%
72nd percentile of 285
Revenue growth (YoY)+7.8%
41st percentile of 325
ROE5.7%
55th percentile of 285
P/E17.1×
31st percentile of 169
Short interest6.11d
81st percentile of 330

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
2
2 new, 0 added
Reduced / exited
3
1 trimmed, 2 exited
Combined position
$2.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$2.6M1.5MReduced
Millennium ManagementquantQ2 2026$179,247101.8KNew
Two Sigma InvestmentsquantQ2 2026$19,88811.3KNew

No longer held by: Citadel Advisors (as of Q2 2026), Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.7M
settled 2026-08-14
Change vs prior
-24.5%
vs previous settlement
Days to cover
6.11
at avg daily volume
Avg daily volume
435.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.7M-24.5%6.11
2026-07-313.5M+32.0%5.15
2026-07-152.7M-17.6%3.45
2026-06-303.2M-38.2%3.18
2026-06-155.2M+37.7%2.88
2026-05-293.8M+51.5%4.80
2026-05-152.5M-19.9%2.60
2026-04-303.1M-49.2%3.83

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$321.8M$298.6M$230.0M$208.2M$302.1M
Gross profit$155.0M$141.4M$106.7M$89.4M$127.9M
Operating income$11.5M$-47.6M$-105.8M$-168.2M$-183.6M
Net income$57.9M$5.0M$-60.3M$-146.2M$-175.4M
Diluted EPS$0.09$0.01$-0.11$-0.26$-0.36

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$890.7M$653.3M$498.7M$133.2M$963.9M
Current assets$1.02B$903.0M$847.8M$1.02B$1.19B
Total assets$1.13B$1.10B$1.07B$1.06B$1.25B
Current liabilities$106.2M$94.3M$87.5M$81.3M$109.1M
Long-term debt
Total liabilities$109.9M$96.3M$95.8M$94.0M$134.5M
Total equity$1.02B$1.01B$970.6M$962.2M$1.11B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$81.0M$80.4M$36.4M$-70.7M$-126.1M
Capital expenditure$7.1M$4.2M$1.5M$710,000$6.2M
Free cash flow$73.9M$76.2M$34.9M$-71.4M$-132.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2021
SEC CIK1829118

Selected SEC filings

20-F2026-04-22
View on EDGAR →
6-K2026-08-25
View on EDGAR →
6-K2026-08-10
View on EDGAR →
6-K2026-08-07
View on EDGAR →
6-K2026-08-05
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.