Tuya TUYA
NYSE TUYA
$1.76 +0.01 (+0.63%)
As of: Sep 17, 2026 · 3:59 PM EDT

Tuya (TUYA) Net Margin (2019 - 2025)

Tuya's (TUYA) annual Net Margin came in at 19.5% in FY2025, up 2355.48% year-over-year from 0.79% in FY2024.

Analysis

Tuya (TUYA) Net Margin (2019 - 2025) Analysis & Trends

Tuya (TUYA) has reported Net Margin for 7 consecutive years, with 19.5% the latest figure, recorded in FY2025.

  • For the quarter ending Q2 2026, Net Margin rose 847.0% year-over-year to 24.57%; the trailing twelve-month figure through Jun 2026 stood at 23.82% (up 1499.0% YoY), and the FY2025 full-year result was 19.5%, up 1871.0% from the prior year.
  • Net Margin improved to 19.5% in FY2025 per TUYA's latest filing, from 0.79% in the prior year.
  • Across five years, Net Margin topped out at 81.96% in FY2022 and bottomed at 58.07% in FY2021.
  • Historically, Net Margin has averaged 13.64% across 5 years, with a median of 19.5% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Net Margin jumped 14003 bps in 2022, then slumped 5792 bps in 2023.
  • Over 5 years, Net Margin stood at 58.07% in 2021, then soared by 241 bps to 81.96% in 2022, then tumbled by 71 bps to 24.04% in 2023, then plunged by 97 bps to 0.79% in 2024, then soared by 2355 bps to 19.5% in 2025.
  • According to Business Quant data, Net Margin over the past three periods registered 19.5%, 0.79%, and 24.04% for FY2025, FY2024, and FY2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Yr)
1 Microsoft 3,639.54 Bn 3,506.79 Bn 60.48 Bn 39.50%
2 International Business Machines 223.82 Bn 212.46 Bn 9.91 Bn -
3 Nebius 50.79 Bn 42.75 Bn 448.70 Mn -
4 CoreWeave 46.01 Bn 40.47 Bn 1.70 Bn -
5 Nutanix 18.26 Bn 16.24 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn -
7 Kingsoft Cloud Holdings 2.58 Bn 1.89 Bn 68.71 Mn -
8 Tuya 1.07 Bn 90.62 Mn 43.05 Mn -
9 SharonAI Holdings 983.15 Mn -878.20 Mn 1.17 Mn -
10 Backblaze 745.27 Mn 693.89 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 19.50%
Dec 31, 2024 0.79%
Dec 31, 2023 24.04%
Dec 31, 2022 81.96%
Dec 31, 2021 -58.07%
Dec 31, 2020 -37.20%
Dec 31, 2019 -69.86%