Tuya Inc.2391
▲ PositiveCapitalrelevance
Q2 revenue beat estimates and EPS in line, though operating cash flow declined.
Impact on stocks 1
Artificial Intelligence
Tuya Inc.Tuya reported second-quarter 2026 revenue of $92.9 million, up 15.9% year-over-year and beating estimates by $5.07 million, while non-GAAP earnings per ADS of $0.03 came in line with expectations. Net cash generated from operating activities was $6.2 million, down from $18.2 million a year earlier. Total cash and investments stood at $976.1 million as of June 30, 2026, compared with $1,017.3 million at the end of 2025. Premium PaaS customers for the trailing twelve months reached 318, up from 285, and contributed about 89.5% of PaaS revenue. Registered AI developers surpassed 2,092,000, a 16.2% increase from approximately 1,801,000 at the end of 2025.
Tuya Inc.Q2 revenue beat estimates and EPS in line, though operating cash flow declined.