Tuya (TUYA) Operating Expenses (2020 - 2026)

Tuya has reported Operating Expenses for 7 years, with the latest figure at -$30.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 19.3% year-over-year to -$30.4 million; the trailing twelve-month figure through Mar 2026 stood at -$136.3 million (up 24.64% YoY), and the FY2025 full-year result was $143.6 million, down 24.06% from the prior year.
• Operating Expenses for Q1 2026 stood at -$30.4 million, up from -$32.2 million in the prior quarter.
• The five-year high for Operating Expenses was -$30.4 million in Q1 2026, with the low at -$78.3 million in Q1 2022.
• Historically, Operating Expenses has averaged -$49.7 million across 5 years, with a median of -$50.0 million in 2022.
• The largest YoY upside for Operating Expenses was 36.82% in 2022 against a maximum downside of 21.1% in 2022.
• Tuya's Operating Expenses stood at -$53.0 million in 2022, then fell by 2.02% to -$54.1 million in 2023, then advanced by 20.44% to -$43.0 million in 2024, then climbed by 25.18% to -$32.2 million in 2025, then rose by 5.5% to -$30.4 million in 2026.
• The last three Operating Expenses figures came in at -$30.4 million (Q1 2026), -$32.2 million (Q4 2025), and -$36.0 million (Q3 2025), per Business Quant data.