Tuya Inc. (TUYA)

Tuya Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	318.49	298.62	229.99	208.17	302.08	179.87
Revenue Growth (YoY)	22.29%	29.84%	10.48%	-31.09%	67.94%	70.03%
Cost of Revenue	166.74	157.19	123.34	118.75	174.21	117.94
Gross Profit	151.75	141.43	106.66	89.42	127.87	61.94
Selling, General & Admin	88.92	103.04	121.1	123.18	146.97	55.42
Research & Development	93.77	95.05	102.28	144.94	174.29	77.43
Other Operating Expenses	-9.86	-11.33	-10.9	-10.51	-9.84	-1.07
Operating Expenses	172.82	186.75	212.48	257.61	311.43	131.78
Operating Income	-21.07	-45.32	-105.82	-168.19	-183.56	-69.85
Interest & Investment Income	48.32	50.42	49.74	22.9	8.05	3.07
Currency Exchange Gain (Loss)	0.88	-0.14	-4.02	0.27	-0.54	-0.08
Other Non Operating Income (Expenses)	3.07	4.18	3.11	2.9	1.96	-
EBT Excluding Unusual Items	31.19	9.15	-56.99	-142.11	-174.1	-66.85
Gain (Loss) on Sale of Investments	0.29	0.29	-0.08	-2.19	-2.05	0.15
Legal Settlements	-0.2	-2.3	-	-	-	-
Other Unusual Items	-	-	-	-	1.22	-
Pretax Income	31.29	7.14	-57.07	-144.3	-174.93	-66.71
Income Tax Expense	2.27	2.15	3.25	1.88	0.49	0.21
Net Income	29.02	5	-60.32	-146.18	-175.42	-66.91
Net Income to Common	29.02	5	-60.32	-146.18	-175.42	-66.91
Shares Outstanding (Basic)	598	574	555	554	489	222
Shares Outstanding (Diluted)	617	591	555	554	489	222
Shares Change (YoY)	10.50%	6.40%	0.35%	13.16%	120.36%	-
EPS (Basic)	0.05	0.01	-0.11	-0.26	-0.36	-0.30
EPS (Diluted)	0.05	0.01	-0.11	-0.26	-0.36	-0.30
Free Cash Flow	77.39	76.17	34.94	-71.36	-132.3	-52.41
Free Cash Flow Per Share	0.13	0.13	0.06	-0.13	-0.27	-0.24
Dividend Per Share	0.115	0.061	-	-	-	-
Gross Margin	47.65%	47.36%	46.37%	42.96%	42.33%	34.43%
Operating Margin	-6.62%	-15.18%	-46.01%	-80.79%	-60.77%	-38.83%
Profit Margin	9.11%	1.67%	-26.22%	-70.22%	-58.07%	-37.20%
Free Cash Flow Margin	24.30%	25.51%	15.19%	-34.28%	-43.80%	-29.14%
EBITDA	-19.54	-43.72	-103.38	-164.74	-180.19	-68.18
EBITDA Margin	-6.14%	-14.64%	-44.95%	-79.14%	-59.65%	-37.91%
D&A For EBITDA	1.53	1.6	2.45	3.44	3.37	1.66
EBIT	-21.07	-45.32	-105.82	-168.19	-183.56	-69.85
EBIT Margin	-6.62%	-15.18%	-46.01%	-80.79%	-60.77%	-38.83%
Effective Tax Rate	7.25%	30.03%	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q