Tuya (TUYA) Cost of Revenue (2020 - 2026)

Tuya has reported Cost of Revenue for 7 years, with the latest figure at $43.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 11.83% year-over-year to $43.0 million; the trailing twelve-month figure through Mar 2026 stood at $168.4 million (up 3.0% YoY), and the FY2025 full-year result was $33.1 million, down 78.94% from the prior year.
• Cost of Revenue for Q1 2026 stood at $43.0 million, down from $44.2 million in the prior quarter.
• The five-year high for Cost of Revenue was $44.2 million in Q4 2025, with the low at $25.1 million in Q4 2022.
• Historically, Cost of Revenue has averaged $35.5 million across 5 years, with a median of $34.9 million in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 48.38% — and 2024, when it jumped 35.42%.
• Tuya's Cost of Revenue stood at $25.1 million in 2022, then jumped by 35.25% to $33.9 million in 2023, then increased by 26.14% to $42.8 million in 2024, then gained by 3.33% to $44.2 million in 2025, then declined by 2.85% to $43.0 million in 2026.
• The last three Cost of Revenue figures came in at $43.0 million (Q1 2026), $44.2 million (Q4 2025), and $42.7 million (Q3 2025), per Business Quant data.