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Tuya reported record profits and revenue growth in 2025, driven by SaaS and AI services, and announced a new dividend.
Tuya reported strong financial results for Q4 2025 and full-year 2025, with revenue of $48.5 million in the quarter and $321.8 million for the year, up 3% and 7.8% year over year, respectively.
The company achieved a 47.6% gross margin in Q4 and 48.2% for the year, with non-GAAP net margin rising to 24.4% in the quarter and 24.9% annually.
Net income reached a record $80.1 million, driven by growth in recurring SaaS and AI-enabled services, which rose 37% and 8.9% year over year, respectively.
Tuya ended the year with $1.017 billion in cash and treasury securities, 291 PaaS premium customers, and over 1.8 million AI+IoT developers.
The company launched AI-powered features via HeyTuya, hosted a Silicon Valley developer hackathon, and announced a new dividend, citing sustained profitability and strong cash flow.
Tuya informó ganancias récord y crecimiento de ingresos en 2025, impulsado por servicios SaaS e IA, y anunció un nuevo dividendo.