Tuya Inc. income statement

In fiscal 2025, Tuya Inc. reported revenue of $322m, up 7.8% on the year before, operating income of $11.5m (a 3.6% margin) and net income of $57.9m, or $0.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Tuya Inc.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	106	180	302	208	230	299	322
Cost of revenue	78	118	174	119	123	157	167
Gross profit	28	62	128	89	107	141	155
Research and development	52	77	174	145	102	95	90
Selling and marketing	37	38	75	56	40	37	33
General and administrative	12	18	72	68	81	68	31
Operating income	−73	−70	−184	−168	−106	−48	11
Income before tax	−70	−67	−175	−144	−57	7	60
Income tax	0	0	0	2	3	2	2
Net income	−70	−67	−175	−146	−60	5	58
Diluted EPS	−$0.33	−$0.30	−$0.36	−$0.26	−$0.11	$0.01	$0.09
Diluted shares (average)	222m	222m	489m	554m	555m	591m	614m
EBITDA	−73	−68	−180	−165	−103	−46	13

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.