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| 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 |