Tuya Inc. TUYA
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Market cap
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52-week range
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.09
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $321.8M | $298.6M | $230.0M | $208.2M | $302.1M | $179.9M | $105.8M | — |
| Cost of revenue | $166.8M | $157.2M | $123.3M | $118.7M | $174.2M | $117.9M | $78.0M | — |
| Gross profit | $155.0M | $141.4M | $106.7M | $89.4M | $127.9M | $61.9M | $27.8M | — |
| R&D | $89.7M | $95.0M | $102.3M | $144.9M | $174.3M | $77.4M | $52.0M | — |
| SG&A | $30.9M | $68.3M | $80.7M | $67.5M | $71.6M | $17.9M | $12.2M | — |
| Total operating expenses | $143.6M | $189.1M | $212.5M | $257.6M | $311.4M | $131.8M | $101.2M | — |
| Operating income | $11.5M | -$47.6M | -$105.8M | -$168.2M | -$183.6M | -$69.8M | -$73.4M | — |
| Pre-tax income | $59.8M | $7.1M | -$57.1M | -$144.3M | -$174.9M | -$66.7M | -$70.4M | — |
| Income tax | $2.0M | $2.1M | $3.2M | $1.9M | $490.0K | $206.0K | $124.0K | — |
| Net income | $57.9M | $5.0M | -$60.3M | -$146.2M | -$175.4M | -$66.9M | -$70.5M | — |
| EPS, basic | 0.09 | 0.01 | -0.11 | -0.26 | -0.36 | -0.30 | -0.33 | — |
| EPS, diluted | 0.09 | 0.01 | -0.11 | -0.26 | -0.36 | -0.30 | -0.33 | — |
| Shares, diluted (wtd. avg.) | 613.8M | 591.0M | 555.5M | 553.5M | 489.1M | 222.0M | 222.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $890.7M | $653.3M | $498.7M | $133.2M | $964.6M | $159.0M | $213.3M | $87.6M |
| Short-term investments | $61.8M | $194.5M | $291.0M | $821.1M | $102.1M | $21.0M | — | — |
| Receivables | $13.2M | $7.6M | $9.2M | $12.2M | $32.7M | $12.3M | — | — |
| Inventory | $30.9M | $23.8M | $32.9M | $45.4M | $62.6M | $42.3M | — | — |
| Total current assets | $1.02B | $903.0M | $847.8M | $1.02B | $1.19B | $248.0M | — | — |
| Property, plant and equipment | $15.7M | $6.6M | $2.6M | $3.8M | $6.8M | $4.4M | — | — |
| Total assets | $1.13B | $1.10B | $1.07B | $1.06B | $1.25B | $267.3M | — | — |
| Accounts payable | $31.8M | $19.1M | $11.6M | $9.6M | $12.2M | $23.2M | — | — |
| Total current liabilities | $106.2M | $94.3M | $87.5M | $81.3M | $109.1M | $91.9M | — | — |
| Total liabilities | $109.9M | $96.3M | $95.8M | $94.0M | $134.5M | $98.3M | — | — |
| Retained earnings | -$512.0M | -$569.9M | -$574.8M | -$514.1M | -$367.9M | -$192.5M | — | — |
| Total equity | $1.02B | $1.01B | $970.6M | $962.2M | $1.11B | -$164.7M | -$110.1M | -$41.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $81.0M | $80.4M | $36.4M | -$70.7M | -$126.1M | -$49.2M | -$56.6M | — |
| Depreciation and amortisation | $1.2M | $1.6M | $2.4M | $3.4M | $3.4M | $1.7M | $758.0K | — |
| Stock-based compensation | $22.3M | $67.8M | $65.2M | $69.0M | $66.1M | $9.4M | $5.2M | — |
| Capital expenditure | $7.1M | $4.2M | $1.5M | $710.0K | $6.2M | $3.2M | $2.5M | — |
| Investing cash flow | $226.0M | $107.4M | $332.5M | -$714.2M | -$113.0M | -$7.9M | $8.5M | — |
| Financing cash flow | -$69.9M | -$33.2M | -$2.2M | -$38.6M | $1.04B | -$172.0K | $174.2M | — |
| Dividends paid | $69.8M | $33.0M | — | — | — | — | — | — |
| Buybacks | $12.0K | $70.0K | $3.3M | $48.7M | $64.0M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-046399.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $105.8M | $179.9M | $302.1M | $208.2M | $230.0M | $298.6M | $321.8M |
| Gross profit | — | $27.8M | $61.9M | $127.9M | $89.4M | $106.7M | $141.4M | $155.0M |
| Net income | — | -$70.5M | -$66.9M | -$175.4M | -$146.2M | -$60.3M | $5.0M | $57.9M |
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