Tuya (TUYA) Research & Development (2020 - 2026)

Tuya has reported Research & Development for 7 years, with the latest figure at -$22.0 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 3.67% year-over-year to -$22.0 million; the trailing twelve-month figure through Mar 2026 stood at -$89.3 million (up 5.4% YoY), and the FY2025 full-year result was $89.7 million, down 5.64% from the prior year.
• Research & Development for Q1 2026 stood at -$22.0 million, down from -$21.7 million in the prior quarter.
• The five-year high for Research & Development was -$21.7 million in Q4 2025, with the low at -$47.6 million in Q1 2022.
• Historically, Research & Development has averaged -$27.0 million across 5 years, with a median of -$24.3 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development slumped 37.11% — and 2023, when it soared 41.05%.
• Tuya's Research & Development stood at -$27.8 million in 2022, then grew by 17.94% to -$22.8 million in 2023, then decreased by 3.94% to -$23.7 million in 2024, then increased by 8.34% to -$21.7 million in 2025, then fell by 1.12% to -$22.0 million in 2026.
• The last three Research & Development figures came in at -$22.0 million (Q1 2026), -$21.7 million (Q4 2025), and -$22.8 million (Q3 2025), per Business Quant data.