Tuya (TUYA) Gross Margin: 2020-2025
Historic Gross Margin for Tuya (TUYA) over the last 5 years, with Mar 2025 value amounting to 48.54%.
- Tuya's Gross Margin rose 72.00% to 48.54% in Q1 2025 from the same period last year, while for Mar 2025 it was 47.55%, marking a year-over-year increase of 41.00%. This contributed to the annual value of 47.36% for FY2024, which is 99.00% up from last year.
- According to the latest figures from Q1 2025, Tuya's Gross Margin is 48.54%, which was up 1.51% from 47.82% recorded in Q4 2024.
- In the past 5 years, Tuya's Gross Margin registered a high of 48.54% during Q1 2025, and its lowest value of 41.12% during Q1 2021.
- Over the past 3 years, Tuya's median Gross Margin value was 47.29% (recorded in 2023), while the average stood at 47.02%.
- Per our database at Business Quant, Tuya's Gross Margin soared by 1,192bps in 2021 and then slumped by 73bps in 2024.
- Tuya's Gross Margin (Quarterly) stood at 43.15% in 2021, then spiked by 142bps to 44.57% in 2022, then soared by 272bps to 47.29% in 2023, then spiked by 52bps to 47.82% in 2024, then skyrocketed by 72bps to 48.54% in 2025.
- Its last three reported values are 48.54% in Q1 2025, 47.82% for Q4 2024, and 45.96% during Q3 2024.