Tuya Inc. Reports Strong Q2 2025 Growth

Tuya, Inc. ( (TUYA) ) has released its Q2 earnings. Here is a breakdown of the information Tuya, Inc. presented to its investors.

Tuya Inc. is a global leader in AI cloud platform services, offering a range of solutions including Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and smart solutions for developers of smart devices and applications. The company is known for its vibrant AI developer ecosystem and innovative approach to smart technology.

In its second quarter of 2025, Tuya Inc. reported a notable increase in revenue and profitability, with total revenue reaching $80.1 million, marking a 9.3% year-over-year growth. The company also declared a cash dividend, reflecting its strong financial position and commitment to shareholder returns.

Key financial highlights include a 7% increase in PaaS revenue to $58.1 million, a 15.6% rise in SaaS and other revenues to $11.1 million, and a 16.7% growth in smart solution revenue to $10.9 million. The company’s gross margin improved slightly to 48.4%, and net profit surged by over 300% to $12.6 million compared to the previous year. Operating expenses decreased significantly, contributing to an improved operating margin of 1.4%.

Despite global trade uncertainties and supply chain pressures, Tuya maintained resilient profitability and solid business growth. The company continues to focus on customer relationships, regional market opportunities, and resource optimization. With a strong cash position and strategic investments in AI capabilities, Tuya is poised for sustainable growth.

Looking ahead, Tuya remains confident in its long-term business prospects, driven by the increasing adoption of AI technologies and smart solutions. The company plans to enhance its product offerings, expand its customer base, and optimize operational efficiency to navigate potential challenges in the global market.