Tuya Inc. reported strong financial performance with significant revenue growth and net profit margins. The company made substantial progress in AI capabilities and received recognition for its ESG efforts. However, geopolitical tensions and tariff uncertainties pose challenges. Overall, the highlights significantly outweigh the lowlights.

Company Guidance

During the first quarter of 2025, Tuya Inc. reported approximately $74.7 million in revenue, marking a 21.1% year-over-year increase. The company achieved a gross margin of 48.5%, with notable growth in smart solutions, which saw a 47.1% increase in revenue to approximately $11 million. The SaaS and other segments generated about $10 million, growing by 15.5%. Tuya's net operating expenses decreased by nearly 18% year-over-year to $37.7 million, contributing to a record GAAP net profit with a net profit margin of around 15%. Non-GAAP net profit reached $19.3 million, representing a 60% increase with a margin of 25.8%. Revenue from Europe accounted for about one-third of the total, with Asia Pacific, excluding China, China, and Latin America each contributing around 15%. The company continues to focus on AI integration and strategic expansions, including hosting its first Global Developer Conference, attracting over 2,700 attendees.

Strong Revenue Growth

Tuya Inc. achieved approximately 21% year-over-year revenue growth in Q1 2025, reaching $74.7 million.

Record GAAP Net Profit

The company achieved a record GAAP net profit with a net profit margin of around 15%.

Significant Non-GAAP Net Profit Increase

Non-GAAP net profit increased by nearly 60% year-over-year to $19.3 million, with a non-GAAP net profit margin of 25.8%.

Expansion of AI Capabilities

Tuya continued to expand its AI capabilities and hosted a Global Developer Conference attracting over 2700 attendees.

Improved Gross Margins

Blended gross margin stood at 48.5%, with SaaS gross margin at 74.4%.

ESG Rating Upgrade

MSCI upgraded Tuya's 2025 ESG rating from single A to double A, with a full score in secure and compliance fields.

Tuya (TUYA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TUYA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 24, 2025	2025 (Q3)	0.03 / -	0.04	―	―	―
Aug 26, 2025	2025 (Q2)	0.03 / 0.03	0.04	-25.00% (-0.01)	―
May 20, 2025	2025 (Q1)	0.02 / 0.03	0.02	50.00% (<+0.01)
Feb 26, 2025	2024 (Q4)	0.03 / 0.04	0.02	100.00% (+0.02)	―
Nov 18, 2024	2024 (Q3)	0.03 / 0.04	0.02	100.00% (+0.02)	―
Aug 26, 2024	2024 (Q2)	0.02 / 0.04	0	―	―
May 20, 2024	2024 (Q1)	0.01 / 0.02	-0.01	300.00% (+0.03)	―
Feb 27, 2024	2023 (Q4)	<0.01 / 0.02	-0.01	300.00% (+0.03)
Nov 28, 2023	2023 (Q3)	0.00 / 0.02	-0.03	166.67% (+0.05)
Aug 23, 2023	2023 (Q2)	-0.03 / 0.00	-0.03	―

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
Aug 26, 2025	$2.56	$2.64	+3.13%
May 20, 2025	$2.58	$2.49	-3.49%
Feb 26, 2025	$3.48	$3.52	+1.15%
Nov 18, 2024	$1.70	$1.56	-8.24%

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 (TUYA) report earnings?

Tuya (TUYA) is schdueled to report earning on Nov 24, 2025, After Close (Confirmed).

What is Tuya (TUYA) earnings time?

Tuya (TUYA) earnings time is at Nov 24, 2025, 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 2025 (Q3) is 0.03.

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