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
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