TUYA Research | Milton Maxwell

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

Reassuring macros, AI details, dividend.

3/2/26Mar 2, 2026

Q&A largely reaffirmed prepared remarks on steady growth and AI progress, but surfaced details on navigating tariffs and chip shortages without impact thanks to supplier priority and inventory buffers. Management highlighted promising AI scenarios like video/audio companions, security, and energy analytics for decision-making, driving SaaS recurring revenue up 37%. They expect overseas demand rebound in 2026 from 2025 caution. A new dividend round signals ongoing shareholder returns tied to cash flows. No disruptions ahead. Investors will eye AI commercialization speed.

Key Stats

Market Cap

1.33B

P/E (TTM)

27.38

Basic EPS (TTM)

0.08

Dividend Yield

0.05%

About

Tuya Inc. provides AI cloud platform services in the People's Republic of China. The company through, its TuyaOpen open-source development framework and universal AI Agent engines, including the AI Agent development platform, integrates AI capabilities to lower barriers for AI development. It offers physical AI solutions for smart devices, commercial applications, and industry developers through its cloud computing and spatial intelligence capabilities. The company also provides AIoT ecosystem. This fosters a developer community comprising brands, OEMs, AI agents, system integrators, and independent software vendors who collaborate to create smart solution ecosystems embodying the principles of sustainability, security, efficiency, agility, and openness. The company was founded in 2014 and is based in Hangzhou, the People's Republic of China.

CEO

Mr. Xueji Wang

IPO

3/19/2021

Website

https://www.tuya.com

Employees

1,435

Sector

Technology

Industry

Software - Infrastructure