Tuya Reports Second Quarter 2026 Unaudited Financial Results
Tuya reported Q2 2026 revenue of $92.9 million, up 16% year-over-year, driven primarily by a 16.9% increase in PaaS revenue. Operating leverage was the highlight, with operating margin expanding 8.6 percentage points to 10.0% and net profit rising 48% to $18.6 million.
Key figures
- Eps
- 0.03
- Revenue
- 92900000
- Revenue Yoy
- 16.0%
- Net income
- 18600000
- Net margin
- 20.1%
- Gross margin
- 46.3%
- Paas revenue
- 67900000
- Operating margin
- 10.0%
- Cash and investments
- 976100000
AI analysis
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