Tuya (TUYA) Operating Leases (2020 - 2026)
Tuya (TUYA) posted Operating Leases of $6.4 billion for Q1 2026, up 92.79% on a QoQ basis from $3.3 billion in Q4 2025, and up 249.75% year-over-year from $1.8 billion in Q1 2025.
Tuya (TUYA) Operating Leases (2020 - 2026) Analysis & Trends
Tuya's Operating Leases history runs 7 years deep, the most recent figure standing at $6.4 billion for Q1 2026.
- Quarterly Operating Leases rose 249.75% year-over-year to $6.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.4 billion (up 249.75% YoY) and the FY2025 annual result came in at $3.3 billion, up 391086.84% from the prior year.
- Operating Leases was $6.4 billion for Q1 2026 at Tuya, up from $3.3 billion in the prior quarter.
- Across five years, Operating Leases topped out at $6.4 billion in Q1 2026 and bottomed at $851000.0 in Q4 2024.
- A 5-year average of $727.5 million and a median of $4.3 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases slumped 78.2% — and 2025, when it surged 391086.84%.
- Tuya's Operating Leases stood at $5.3 million in 2022, then slipped by 26.23% to $3.9 million in 2023, then slumped by 78.2% to $851000.0 in 2024, then jumped by 391086.84% to $3.3 billion in 2025, then jumped by 92.79% to $6.4 billion in 2026.
- Business Quant data shows TUYA's Operating Leases at $6.4 billion in Q1 2026, $3.3 billion in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn |
| 10 | Tuya | 1.01 Bn | -950.14 Bn | 37.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.42 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 1.63 Mn |
| Mar 31, 2025 | 1.84 Bn |
| Dec 31, 2024 | 851,000.00 |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Dec 31, 2023 | 3.90 Mn |
| Sep 30, 2023 | 3.50 Mn |
| Jun 30, 2023 | 3.91 Mn |
| Mar 31, 2023 | 4.74 Mn |
| Dec 31, 2022 | 5.29 Mn |
| Sep 30, 2022 | 6.21 Mn |
| Jun 30, 2022 | 8.41 Mn |
| Mar 31, 2022 | 13.79 Mn |
| Dec 31, 2021 | 16.05 Mn |
| Sep 30, 2021 | 11.03 Mn |
| Jun 30, 2021 | 11.84 Mn |
| Mar 31, 2021 | 5.03 Mn |