Tuya (NYSE:TUYA) Posts Earnings Results, Hits Estimates

Posted by Geri Gentry on May 12th, 2026

Tuya (NYSE:TUYA – Get Free Report) released its earnings results on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.03, FiscalAI reports. The company had revenue of $80.88 million for the quarter, compared to analyst estimates of $80.67 million. Tuya had a net margin of 17.99% and a return on equity of 5.75%.

Here are the key takeaways from Tuya’s conference call:

Tuya reported Q1 2026 revenue of $80.9 million, up 8.3% year over year, with management saying growth momentum improved sequentially and has now been positive for multiple quarters.
Profitability improved meaningfully, with GAAP operating margin at 9.2%, non-GAAP operating margin at 10%, and net margin at 19.5%, reflecting better operating efficiency and cost control.
AI-related revenue continued to outgrow the company overall, with the AI application and others segment up 16.9% year over year as Tuya expanded AI cloud, energy management, voice, and OEM/SDK offerings.
The company is actively shifting its business mix toward higher-value AI-native products, including smart locks, AI companions, AI toys, and energy solutions, while intentionally phasing out lower-value hardware in the Smart home & robot products segment.
Management said supply-chain and chipset cost pressures are being managed through strategic inventory purchases and selective pass-through pricing, though some categories may still face margin pressure and demand sensitivity if costs rise further.

Tuya Stock Performance

Shares of TUYA traded down $0.12 during trading hours on Tuesday, hitting $2.35. The stock had a trading volume of 555,860 shares, compared to its average volume of 1,491,891. Tuya has a 12-month low of $1.99 and a 12-month high of $2.94. The firm has a market cap of $1.27 billion, a P/E ratio of 26.06 and a beta of 0.45. The company’s fifty day simple moving average is $2.40 and its 200 day simple moving average is $2.28.

Tuya Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 21st. Stockholders of record on Wednesday, March 18th were issued a dividend of $0.0605 per share. The ex-dividend date was Wednesday, March 18th.

Analyst Ratings Changes

TUYA has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tuya in a research note on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a $3.69 target price on shares of Tuya in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $3.69.

Check Out Our Latest Analysis on Tuya

Institutional Investors Weigh In On Tuya

Large investors have recently made changes to their positions in the business. Natixis Advisors LLC purchased a new position in Tuya in the third quarter valued at about $246,000. Goldman Sachs Group Inc. boosted its stake in shares of Tuya by 75.2% in the first quarter. Goldman Sachs Group Inc. now owns 368,011 shares of the company’s stock valued at $1,115,000 after purchasing an additional 157,978 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Tuya by 45.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 816,519 shares of the company’s stock valued at $2,474,000 after purchasing an additional 256,418 shares in the last quarter. Institutional investors and hedge funds own 11.47% of the company’s stock.

Tuya Company Profile

(Get Free Report)

Tuya Inc is a global Internet of Things (IoT) platform provider that enables brands, OEMs and developers to create smart products and solutions. The company offers a suite of cloud services, connectivity modules and software development kits designed to support the full lifecycle of IoT devices. Tuya’s platform is built to facilitate rapid prototyping, secure device management and scalable data analytics, with an emphasis on interoperable solutions for smart homes, commercial buildings and industrial applications.

At the core of Tuya’s offering is its IoT operating system, which integrates device hardware, network protocols and application-level services into a unified framework.