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Stock impact report

Tuya Reports Fourth Quarter and Fiscal 2025 Unaudited Financial Results and Declaration of Cash Dividend

Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share (TUYA) 
Company Research Source: PR Newswire
SANTA CLARA, Calif., March 2, 2026 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025 and the declaration of a cash dividend.Fourth Quarter 2025 Financial HighlightsTotal revenue was US$84.5 million, up approximately 3.0% year-over-year (4Q2024: US$82.1 million).Platform-as-a-service ("PaaS") revenue was US$60.1 million, up approximately 1.4% year-over-year (4Q2024: US$59.3 million).Software-as-a-service ("SaaS") and others revenue was US$12.4 million, up approximately 8.2% year-over-year (4Q2024: US$11.5 million).Smart solution revenue was US$12.0 million, up approximately 6.0% year-over-year (4Q2024: US$11.3 million).Overall gross margin was 47.6%, down 0.2 percentage points year-over-year (4Q2024: 47.8%). Gross margin of PaaS was 47.3% (4Q2024: 47.4%).Operating margin was 9.5%, improved by 14.1 Show less Read more
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