)
Visual21 Oct 2025
Hermès' growth by geographical region visualized
Tuya (TUYA) investor relations material
Tuya Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary27 Aug, 2025
Executive summary
Q2 2025 revenue was $80.1 million, up 9.3% year-over-year, with all business segments showing growth and first-half revenue at $155 million, a 15% increase year-over-year.
Net profit (GAAP) surged 302% year-over-year to $12.6 million, with non-GAAP net profit at $20.1 million and non-GAAP net margin at 25%.
Gross margin improved to 48.4% in Q2, with non-GAAP operating margin at 10.7% and operating margin turning positive at 1.4%.
Ended the quarter with a net cash balance above $1 billion and declared a $0.054 per share/ADS cash dividend, totaling $33 million.
Maintained resilience and growth despite global trade uncertainties, advancing AI product and ecosystem development.
Financial highlights
Q2 blended gross margin was 48.4%, with PaaS at 48.7%, Smart Solutions at 22.5%, and SaaS at 72%.
Non-GAAP operating profit grew 127% year-over-year to $8.6 million (11% margin); GAAP net profit was $12.6 million (16% margin).
Operating cash flow exceeded $18 million in Q2; net cash from operations was $18.2 million, up 53.8% year-over-year.
Operating expenses fell 17.3% to $37.7 million; non-GAAP operating expenses rose 8.3% to $30.2 million.
Receivable turnover days improved to 13, outperforming industry averages.
Outlook and guidance
Management expects continued uncertainty from tariffs and global trade into Q3, with cautious demand from retailers and brands.
Q3 is expected to remain pressured, but improvement is anticipated in Q4 as tariff negotiations progress.
Focus remains on product innovation, AI capabilities, and expanding the customer base to drive future growth.
Sustained operating leverage and profitability expected, supported by a diversified revenue structure and strong cash position.
How does Tuya plan to commercialize AI prototypes?
What is the long-term tariff impact on supply chain?
Detail SaaS and Smart Solutions growth engines.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Tuya earnings date
Q3 202518 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Tuya Inc. is a global provider of cloud development platforms for the Internet of Things (IoT). The company offers Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) solutions, enabling businesses, original equipment manufacturers (OEMs), brands, and developers to create, launch, manage, and monetize smart devices and services. Tuya's platform supports a wide range of applications, including smart homes, smart businesses, renewable energy, education, agriculture, outdoor activities, and entertainment sectors. Tuya Inc. is headquartered in Hangzhou, China, and its shares are listed on the New York Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage