Tuya Inc. balance sheet

At the end of fiscal 2025, Tuya Inc. had total assets of $1.13bn, total liabilities of $110m and shareholders' equity of $1.02bn. It held $891m in cash against $0 of debt: net cash of $891m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Tuya Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	213	159	964	133	499	653	891
Receivables	—	12	33	12	9	8	13
Inventory	—	42	63	45	33	24	31
Total current assets	—	248	1,191	1,023	848	903	1,023
Total assets	—	267	1,248	1,056	1,066	1,104	1,133
Accounts payable	—	23	12	10	12	19	32
Deferred revenue (current)	—	3	9	7	7	8	10
Total current liabilities	—	92	109	81	88	94	106
Total debt	0	0	0	0	0	0	0
Total liabilities	—	98	134	94	96	96	110
Shareholders' equity	−110	−165	1,114	962	971	1,007	1,023
Non-controlling interests and other (assets − liabilities − equity)	—	334	—	—	—	—	—
Net debt (negative = net cash)	−213	−159	−964	−133	−499	−653	−891
Shares outstanding	222m	222m	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Tuya Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Tuya Inc.