Tuya operates a cloud-based Internet of Things platform that lets device makers add connectivity, apps and cloud control to consumer and commercial products. Its software-as-a-service model supports smart home, security, lighting and industrial IoT categories through a shared development and device-management stack. Brands and original equipment manufacturers use Tuya to launch connected products without building their own full IoT infrastructure.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 74.7 | — | 11 | — |
| Q2 2025 | 80.1 | — | 12.6 | -45.2% |
| Q3 2025 | 82.5 | — | 15 | -33.9% |
| Q4 2025 | 84.5 | — | 19.3 | -21% |
| Q1 2026 | 80.9 | 8.3% | 15.8 | 43.2% |
| Q2 2026 | 92.9 | 16% | 18.6 | 48% |
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