Tuya, Inc. (TUYA)
NYSE:TUYA
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Earnings Data
Report Date
Aug 31, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: the company delivered healthy revenue growth (+8.3% YoY), improved profitability (GAAP operating margin ~9.2%, net profit $15.8M) and a strong cash position (~$1B+), while AI-related revenue and ecosystem metrics showed robust expansion (AI Apps +16.9% YoY, developer base ~1.96M). Management candidly highlighted near-term headwinds—chipset shortages, category-specific softness (lighting), a YoY decline in the Smart Home & Robot Products segment (-6.9%) due to deliberate phasing out of low-value hardware, and seasonal softness in AI application usage—but framed these as strategic, short-term tradeoffs to accelerate transition to higher-value AI-initial devices and software services. On balance, the positive operational and financial momentum, high-margin AI software growth, and strong liquidity outweigh the supply-chain and transitional challenges.Company Guidance
Revenue Growth
Total revenue of approximately $80.9M in Q1 2026, representing year-over-year growth of ~8.3% and continuing sequential improvement and multiple consecutive quarters of positive growth.
Strong PaaS Performance
PaaS revenue of $59.0M, up ~9.8% YoY; PaaS gross margin of 46.1%, supporting stable core-platform economics and premium-customer base of 306 PaaS premium customers.
Rapid AI Application Expansion
AI Application & Others revenue of $11.6M, up ~16.9% YoY—outpacing company growth—and gross margin for this segment at a high 71.7%, reflecting structural software/AI margin advantage.
Profitability and Cash Strength
GAAP operating margin improved to 9.2% (significant YoY improvement), non-GAAP operating margin ~10%, profit from operations ~$7.5M (non-GAAP ~$8.1M), net profit $15.8M, and strong cash, cash equivalents, time deposits and treasury securities totaling roughly $1.0B+.
AI-Driven Product Wins and Verticals
Smart door lock business grew 73% YoY; PaaS revenue from Wi‑Fi smart door locks up ~65% YoY; AI revenues from video-enabled locks surged ~500% YoY. Progress in AI energy initiatives with channel wins at key European exhibitions and ongoing Singapore HDB deployments.
Developer and Open Ecosystem Expansion
Registered AI developers exceeded 1.96M; TuyaOpen documentation platform >340,000 views and >16,000 community members; launched developer tools (ultra-lightweight agent kit, vibe coding) to lower barriers for AI-native hardware development.
Strategic Product & Platform Transition
Company accelerating transition to AI-native/app-layer capabilities (Hey Tuya assistant, AI Security Guardian), moving from feature stacking to device-integrated AI agents and deepening industry scenario deployments (energy, security, toys, robots).
TUYA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TUYA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $2.46 | $2.36 | -4.07% |
Mar 02, 2026 | $2.43 | $2.44 | +0.41% |
Nov 24, 2025 | $2.09 | $2.27 | +8.87% |
Aug 26, 2025 | $2.44 | $2.52 | +3.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tuya, Inc. (TUYA) report earnings?
Tuya, Inc. (TUYA) is schdueled to report earning on Aug 31, 2026, After Close (Confirmed).
What is Tuya, Inc. (TUYA) earnings time?
Tuya, Inc. (TUYA) earnings time is at Aug 31, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TUYA EPS forecast?
TUYA EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.