Tuya Inc. (TUYA) Gross margin 2019–2025
Tuya Inc. (TUYA) gross margin by fiscal year — reported gross profit divided by reported revenue.
48.2%FY2025 · since FY2019: 26.3% → 48.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 48.2% | +0.8 pp |
| FY2024 | 47.4% | +1.0 pp |
| FY2023 | 46.4% | +3.4 pp |
| FY2022 | 43.0% | +0.6 pp |
| FY2021 | 42.3% | +7.9 pp |
| FY2020 | 34.4% | +8.2 pp |
| FY2019 | 26.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice