Tuya (TUYA) Operating Leases (2020 - 2026)

Tuya (TUYA) reported Operating Leases of $6.4 billion for Q1 2026, up 249.75% on a YoY basis from $1.8 billion in Q1 2025, and up 92.79% quarter-over-quarter from $3.3 billion in Q4 2025.

Tuya (TUYA) Operating Leases (2020 - 2026) Analysis & Trends

Tuya has reported Operating Leases for 7 years, with the latest figure at $6.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 249.75% year-over-year to $6.4 billion; the trailing twelve-month figure through Mar 2026 stood at $6.4 billion (up 249.75% YoY), and the FY2025 full-year result was $3.3 billion, up 391086.84% from the prior year.
  • Operating Leases for Q1 2026 stood at $6.4 billion, up from $3.3 billion in the prior quarter.
  • The five-year high for Operating Leases was $6.4 billion in Q1 2026, with the low at $851000.0 in Q4 2024.
  • Historically, Operating Leases has averaged $727.5 million across 5 years, with a median of $4.3 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Leases tumbled 78.2% — and 2025, when it surged 391086.84%.
  • Tuya's Operating Leases stood at $5.3 million in 2022, then retreated by 26.23% to $3.9 million in 2023, then plunged by 78.2% to $851000.0 in 2024, then surged by 391086.84% to $3.3 billion in 2025, then surged by 92.79% to $6.4 billion in 2026.
  • The last three Operating Leases figures came in at $6.4 billion (Q1 2026), $3.3 billion (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn
10 Tuya 1.14 Bn -16.83 Mn 37.90 Mn

Historic Data

Download Data
DateValue
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