Tuya Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	321.79	298.62	229.99	208.17	302.08
Revenue Growth (YoY)	7.76%	29.84%	10.48%	-31.09%	67.94%
Cost of Revenue	166.75	157.19	123.34	118.75	174.21
Gross Profit	155.04	141.43	106.66	89.42	127.87
Selling, General & Admin	64.03	103.04	121.1	123.18	146.97
Research & Development	89.69	95.05	102.28	144.94	174.29
Other Operating Expenses	-10.15	-11.33	-10.9	-10.51	-9.84
Operating Expenses	143.56	186.75	212.48	257.61	311.43
Operating Income	11.48	-45.32	-105.82	-168.19	-183.56
Interest & Investment Income	44.18	50.42	49.74	22.9	8.05
Currency Exchange Gain (Loss)	-1.03	-0.14	-4.02	0.27	-0.54
Other Non Operating Income (Expenses)	5.22	4.18	3.11	2.9	1.96
EBT Excluding Unusual Items	59.84	9.15	-56.99	-142.11	-174.1
Gain (Loss) on Sale of Investments	-	0.29	-0.08	-2.19	-2.05
Legal Settlements	-	-2.3	-	-	-
Other Unusual Items	-	-	-	-	1.22
Pretax Income	59.84	7.14	-57.07	-144.3	-174.93
Income Tax Expense	1.95	2.15	3.25	1.88	0.49
Net Income	57.89	5	-60.32	-146.18	-175.42
Net Income to Common	57.89	5	-60.32	-146.18	-175.42
Net Income Growth	1058.49%	-	-	-	-
Shares Outstanding (Basic)	612	574	555	554	489
Shares Outstanding (Diluted)	614	591	555	554	489
Shares Change (YoY)	3.86%	6.40%	0.35%	13.16%	120.36%
EPS (Basic)	0.09	0.01	-0.11	-0.26	-0.36
EPS (Diluted)	0.09	0.01	-0.11	-0.26	-0.36
EPS Growth	933.53%	-	-	-	-
Free Cash Flow	81.04	76.17	34.94	-71.36	-132.3
Free Cash Flow Per Share	0.13	0.13	0.06	-0.13	-0.27
Dividend Per Share	0.115	0.061	-	-	-
Dividend Growth	88.32%	-	-	-	-
Gross Margin	48.18%	47.36%	46.37%	42.96%	42.33%
Operating Margin	3.57%	-15.18%	-46.01%	-80.79%	-60.77%
Profit Margin	17.99%	1.67%	-26.22%	-70.22%	-58.07%
Free Cash Flow Margin	25.18%	25.51%	15.19%	-34.28%	-43.80%
EBITDA	13.08	-43.72	-103.38	-164.74	-180.19
EBITDA Margin	4.06%	-14.64%	-44.95%	-79.14%	-59.65%
D&A For EBITDA	1.6	1.6	2.45	3.44	3.37
EBIT	11.48	-45.32	-105.82	-168.19	-183.56
EBIT Margin	3.57%	-15.18%	-46.01%	-80.79%	-60.77%
Effective Tax Rate	3.26%	30.03%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.