Financial Statements — TUYA
Balance Sheet
(in billions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Cash & Equivalents | 0.89 | 0.65 | 0.50 | 0.13 | 0.96 |
| Short-term Investments | 0.06 | 0.19 | 0.29 | 0.82 | 0.10 |
| Accounts Receivable | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Inventory | 0.03 | 0.02 | 0.03 | 0.05 | 0.06 |
| Total Current Assets | 1.02 | 0.90 | 0.85 | 1.02 | 1.19 |
| Property, Plant & Equipment | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 |
| Total Non-current Assets | 0.11 | 0.20 | 0.22 | 0.03 | 0.06 |
| Total Assets | 1.13 | 1.10 | 1.07 | 1.06 | 1.25 |
| Accounts Payable | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.11 | 0.09 | 0.09 | 0.08 | 0.11 |
| Total Non-current Liabilities | 0.00 | 0.00 | 0.01 | 0.01 | 0.03 |
| Total Liabilities | 0.11 | 0.10 | 0.10 | 0.09 | 0.13 |
| Retained Earnings | (0.51) | (0.57) | (0.57) | (0.51) | (0.37) |
| Total Stockholder Equity | 1.02 | 1.01 | 0.97 | 0.96 | 1.11 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Total Revenue | 321.79 | 298.62 | 229.99 | 208.17 | 302.08 |
| Cost of Revenue | 166.75 | 157.19 | 123.34 | 118.75 | 174.21 |
| Gross Profit | 155.04 | 141.43 | 106.66 | 89.42 | 127.87 |
| Research & Development | 89.69 | 95.05 | 102.28 | 144.94 | 174.29 |
| Selling, General & Admin | 30.92 | 68.25 | 80.66 | 67.51 | 71.59 |
| Total Operating Expenses | 143.56 | 189.05 | 212.48 | 257.61 | 311.43 |
| Operating Income | 11.48 | (47.62) | (105.82) | (168.19) | (183.56) |
| Pretax Income | 59.84 | 7.14 | (57.07) | (144.29) | (174.93) |
| Tax Provision | 1.95 | 2.15 | 3.25 | 1.88 | 0.49 |
| Net Income | 57.89 | 5.00 | (60.31) | (146.18) | (175.42) |
| Basic EPS | 0.09 | 0.01 | (0.11) | (0.26) | (0.36) |
| Diluted EPS | 0.09 | 0.01 | (0.11) | (0.26) | (0.36) |
Cash Flow Statement
(in billions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Operating Cash Flow | 0.08 | 0.08 | 0.04 | (0.07) | (0.13) |
| Capital Expenditures | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 |
| Free Cash Flow* | 0.07 | 0.08 | 0.03 | (0.07) | (0.13) |
| Investing Cash Flow | 0.23 | 0.11 | 0.33 | (0.71) | (0.11) |
| Financing Cash Flow | (0.07) | (0.03) | -0.00 | (0.04) | 1.04 |
* Derived from reported values
