Tuya (HKEX: 2391, NYSE: TUYA) Announces Q4 and Full-Year 2025 Results and Declares US$0.06 Cash Dividend

Bulletin Express03-03 06:25

On March 2, 2026, Tuya (HKEX: 2391, NYSE: TUYA) released its unaudited Q4 and full-year financial results for the period ended December 31, 2025, and announced a cash dividend of US$0.06 per share or ADS.

In Q4 2025, total revenue reached US$84.49 million, a 3.00% year-over-year increase. Platform-as-a-service revenue was US$60.10 million, up 1.40% from the prior-year quarter. Software-as-a-service and others brought in US$12.40 million, with 8.20% growth, while smart solution revenue stood at US$12.00 million, rising 6.00%. Gross margin was 47.60%, and net profit reached US$19.31 million, improving significantly from US$9.79 million in Q4 2024. Non-GAAP net profit came in at US$20.62 million.

For the full year 2025, total revenue was US$321.79 million, 7.80% higher compared to 2024. Gross margin edged up to 48.20% from 47.40%. Net profit was US$57.89 million, up from US$5.00 million in the previous year. Non-GAAP net profit rose by 6.40% to US$80.10 million. Operating cash flow totaled US$81.04 million, a 0.90% increase year-over-year.

The board approved a cash dividend of US$0.06 per ordinary share or ADS, with a total distribution of about US$37.00 million. The record date is March 18, 2026 (Hong Kong Time for ordinary shares; New York Time for ADSs), and the payment date is expected around mid-April 2026 for ordinary shares and late April 2026 for ADS holders.

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