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Stock impact report

Tuya Reports Third Quarter 2025 Unaudited Financial Results

Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share (TUYA) 
Company Research Source: PR Newswire
SANTA CLARA, Calif., Nov. 24, 2025 /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 third quarter ended September 30, 2025.Third Quarter 2025 Financial HighlightsTotal revenue was US$82.5 million, up approximately 1.1% year-over-year (3Q2024: US$81.6 million).Platform-as-a-service ("PaaS") revenue was US$59.2 million, up approximately 2.4% year-over-year (3Q2024: US$57.9 million).Software-as-a-service ("SaaS") and others revenue was US$11.5 million, up approximately 15.4% year-over-year (3Q2024: US$9.9 million).Smart solution revenue was US$11.8 million, down approximately 14.6% year-over-year (3Q2024: US$13.8 million).Overall gross margin was 48.3%, up 2.3 percentage point year-over-year (3Q2024: 46.0%). Gross margin of PaaS increased to 48.8%, up 1.9 percentage points year-over-year (3Q2024: 46.9%).Operating margin was 4.6%, improved by 25.6 perce Show less Read more
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