Operations
As of August 25, 2026
Q2 Revenue
↑ 16% YoY
$92.9M
Divisions
PaaS
73.1%
AI application & others
12.4%
Smart home & robot product
14.5%
Key Earnings Driver
Smart Home & Robot Product PaaS revenue increased 16.9% year over year to $67.9 million in Q2. AI application & others revenue increased 3.9% to $11.5 million. Smart home & robot product revenue increased 23.2% to $13.5 million, primarily due to growing customer demand. Tuya noted revenue performance reflected resilient demand across selected home appliance categories and increasing adoption of differentiated, AI-enabled products and solutions.
Key Operating Metrics¹
METRIC
STATUS
PaaS↑ 16.9%
AI application & others↑ 3.9%
Smart home & robot product↑ 23.2%
🟢 Scaling
Key Financial Metrics
Gross Margin
46.30%
-2.1 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
N/A
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Tuya website and/or SEC filings for Q2, with status based on reported data.