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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Tuya (TUYA) Gross Margin (2020 - 2026)

Tuya filings provide 7 years of Gross Margin readings, the most recent being 46.86% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 168.0% to 46.86% in Q1 2026 year-over-year; TTM through Mar 2026 was 47.81%, a 25.0% increase, with the full-year FY2025 number at 48.18%, up 82.0% from a year prior.
  • Gross Margin hit 46.86% in Q1 2026 for Tuya, down from 47.63% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 48.54% in Q1 2025 to a low of 41.25% in Q1 2022.
  • Median Gross Margin over the past 5 years was 46.8% (2023), compared with a mean of 46.14%.
  • Biggest five-year swings in Gross Margin: surged 394bps in 2023 and later tumbled -168bps in 2026.
  • Tuya's Gross Margin stood at 44.57% in 2022, then grew by 6bps to 47.29% in 2023, then increased by 1bps to 47.82% in 2024, then fell by 0bps to 47.63% in 2025, then fell by -2bps to 46.86% in 2026.
  • The last three reported values for Gross Margin were 46.86% (Q1 2026), 47.63% (Q4 2025), and 48.25% (Q3 2025) per Business Quant data.