Tuya (TUYA) Tax Rate (2020 - 2026)
Tuya's (TUYA) quarterly Tax Rate came in at 1.13% in Q2 2026, up 367.0% on a YoY basis from 0.24% in Q2 2025, and up 57.69% quarter-over-quarter from 2.67% in Q1 2026.
Analysis
Tuya (TUYA) Tax Rate (2020 - 2026) Analysis & Trends
Tuya (TUYA) has reported Tax Rate for 7 consecutive years, with 1.13% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 367.0% year-over-year to 1.13%; the trailing twelve-month figure through Jun 2026 stood at 1.75% (up 550.0% YoY), and the FY2025 full-year result was 3.26%, up 2677.0% from the prior year.
- Tax Rate improved to 1.13% in Q2 2026 per TUYA's latest filing, from 2.67% in the prior quarter.
- Across five years, Tax Rate topped out at 22.72% in Q1 2024 and bottomed at 15.91% in Q2 2024.
- Historically, Tax Rate has averaged 1.19% across 5 years, with a median of 0.25% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 1792 bps in 2024, then plunged 2899 bps in 2025.
- Over 5 years, Tax Rate stood at 3.7% in 2022, then surged by 213 bps to 11.57% in 2023, then tumbled by 144 bps to 5.08% in 2024, then soared by 68 bps to 1.63% in 2025, then surged by 31 bps to 1.13% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 1.13%, 2.67%, and 1.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 24.84% |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 12.63% |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | -2,014.71% |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | -10.99% |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 11.35% |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | -30.56% |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | 21.59% |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | -0.30% |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | -1.13% |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.13% |
| Mar 31, 2026 | -2.67% |
| Dec 31, 2025 | -1.63% |
| Sep 30, 2025 | -1.71% |
| Jun 30, 2025 | -4.80% |
| Mar 31, 2025 | -6.27% |
| Dec 31, 2024 | -5.08% |
| Sep 30, 2024 | 9.33% |
| Jun 30, 2024 | -15.91% |
| Mar 31, 2024 | 22.72% |
| Dec 31, 2023 | 11.57% |
| Sep 30, 2023 | 0.25% |
| Jun 30, 2023 | 5.14% |
| Mar 31, 2023 | 4.80% |
| Dec 31, 2022 | 3.70% |
| Sep 30, 2022 | 2.41% |
| Jun 30, 2022 | 0.44% |
| Mar 31, 2022 | 0.26% |
| Dec 31, 2021 | 0.28% |
| Sep 30, 2021 | 0.18% |