Tuya Inc. revenue

Tuya Inc.'s revenue was $322m in fiscal 2025, up 7.8% on the year before. Since fiscal 2019 ($106m) it has grown at a compound 20.4% a year.

Revenue history

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

Tuya Inc.: revenue history, 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
Growth on the year before	—	+70.0%	+67.9%	−31.1%	+10.5%	+29.8%	+7.8%
Gross profit	28	62	128	89	107	141	155
Gross margin	26.3%	34.4%	42.3%	43.0%	46.4%	47.4%	48.2%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Tuya Inc.	$322m	7.8%	—
Huckleberry.ai, Inc.	$315m	-1.0%	-0.3%
Karooooo Ltd.	$314m	25.6%	—
Cerence Inc.	$309m	25.8%	4.4%
Ooma Inc	$307m	17.2%	10.3%
Materialise NV	$303m	4.8%	—

Compare with peers

Head to head: HUCK vs TUYA KARO vs TUYA CRNC vs TUYA

More: Application Software stocks compared, Technology sector, rankings of US companies

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.