Tuya Inc. cash flow statement

In fiscal 2025, Tuya Inc.'s operations generated $81.0m of cash; it spent $7.1m on capital projects, leaving free cash flow of $73.9m. It returned $69.8m in dividends and $12,000 through buybacks.

Cash flow statement

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

Tuya Inc.: cash flow statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	−57	−49	−126	−71	36	80	81
Depreciation and amortisation	1	2	3	3	2	2	1
Stock-based pay	5	9	66	69	65	68	22
Capital spending	2	3	6	1	1	4	7
Free cash flow	−59	−52	−132	−71	35	76	74
Free cash flow after stock pay	−64	−62	−198	−140	−30	8	52
Dividends paid	—	—	—	—	—	33	70
Share buybacks	—	—	64	49	3	0	0
Shares issued	—	—	905	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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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.