Tuya Inc
NYSE:TUYA
Income Statement
Earnings Waterfall
Tuya Inc
Income Statement
Tuya Inc
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue |
106
N/A
|
108
+3%
|
125
+16%
|
151
+20%
|
180
+19%
|
218
+21%
|
264
+21%
|
290
+10%
|
302
+4%
|
301
-1%
|
278
-7%
|
238
-15%
|
208
-12%
|
200
-4%
|
195
-3%
|
211
+8%
|
230
+9%
|
244
+6%
|
260
+7%
|
281
+8%
|
299
+6%
|
312
+4%
|
318
+2%
|
319
+0%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(78)
|
(79)
|
(90)
|
(104)
|
(118)
|
(138)
|
(160)
|
(170)
|
(174)
|
(173)
|
(160)
|
(136)
|
(119)
|
(113)
|
(107)
|
(114)
|
(123)
|
(129)
|
(137)
|
(148)
|
(157)
|
(163)
|
(167)
|
(165)
|
|
| Gross Profit |
28
N/A
|
30
+7%
|
36
+21%
|
47
+32%
|
62
+31%
|
80
+28%
|
104
+30%
|
120
+16%
|
128
+7%
|
127
0%
|
118
-7%
|
102
-14%
|
89
-12%
|
88
-2%
|
88
0%
|
96
+10%
|
107
+11%
|
115
+8%
|
124
+7%
|
133
+7%
|
141
+7%
|
148
+5%
|
152
+2%
|
154
+2%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(101)
|
(111)
|
(115)
|
(124)
|
(132)
|
(169)
|
(219)
|
(270)
|
(311)
|
(325)
|
(314)
|
(289)
|
(258)
|
(233)
|
(224)
|
(211)
|
(197)
|
(205)
|
(190)
|
(198)
|
(186)
|
(181)
|
(173)
|
(154)
|
|
| Selling, General & Administrative |
(49)
|
(53)
|
(53)
|
(55)
|
(55)
|
(76)
|
(100)
|
(126)
|
(147)
|
(148)
|
(144)
|
(135)
|
(123)
|
(117)
|
(119)
|
(114)
|
(106)
|
(119)
|
(108)
|
(115)
|
(103)
|
(96)
|
(89)
|
(74)
|
|
| Research & Development |
(52)
|
(58)
|
(63)
|
(69)
|
(77)
|
(96)
|
(123)
|
(154)
|
(174)
|
(187)
|
(182)
|
(163)
|
(145)
|
(125)
|
(115)
|
(107)
|
(102)
|
(98)
|
(94)
|
(94)
|
(95)
|
(94)
|
(94)
|
(92)
|
|
| Other Operating Expenses |
(0)
|
0
|
0
|
0
|
1
|
3
|
4
|
9
|
10
|
10
|
12
|
10
|
11
|
10
|
9
|
10
|
11
|
11
|
12
|
11
|
11
|
9
|
10
|
11
|
|
| Operating Income |
(73)
N/A
|
(81)
-10%
|
(80)
+2%
|
(76)
+4%
|
(70)
+9%
|
(89)
-28%
|
(115)
-29%
|
(151)
-31%
|
(184)
-22%
|
(198)
-8%
|
(196)
+1%
|
(187)
+4%
|
(168)
+10%
|
(145)
+14%
|
(137)
+6%
|
(115)
+16%
|
(90)
+22%
|
(90)
+0%
|
(67)
+26%
|
(65)
+2%
|
(45)
+31%
|
(33)
+27%
|
(21)
+36%
|
(0)
+99%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
3
|
4
|
4
|
4
|
3
|
3
|
5
|
5
|
7
|
6
|
6
|
13
|
21
|
32
|
38
|
43
|
46
|
47
|
51
|
50
|
51
|
50
|
49
|
48
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
0
|
(2)
|
(2)
|
(3)
|
0
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
3
|
3
|
|
| Pre-Tax Income |
(70)
N/A
|
(77)
-9%
|
(75)
+2%
|
(73)
+4%
|
(67)
+8%
|
(87)
-30%
|
(110)
-27%
|
(145)
-32%
|
(175)
-21%
|
(189)
-8%
|
(187)
+1%
|
(171)
+9%
|
(144)
+16%
|
(110)
+24%
|
(96)
+12%
|
(69)
+28%
|
(57)
+18%
|
(40)
+30%
|
(14)
+66%
|
(13)
+6%
|
7
N/A
|
22
+205%
|
31
+44%
|
51
+61%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Income from Continuing Operations |
(70)
|
(77)
|
(75)
|
(73)
|
(67)
|
(87)
|
(110)
|
(145)
|
(175)
|
(190)
|
(188)
|
(172)
|
(146)
|
(112)
|
(100)
|
(72)
|
(60)
|
(43)
|
(16)
|
(16)
|
5
|
20
|
29
|
48
|
|
| Net Income (Common) |
(74)
N/A
|
(80)
-9%
|
(79)
+2%
|
(76)
+3%
|
(67)
+12%
|
(87)
-30%
|
(110)
-27%
|
(145)
-32%
|
(175)
-21%
|
(190)
-8%
|
(188)
+1%
|
(172)
+8%
|
(146)
+15%
|
(112)
+23%
|
(100)
+11%
|
(72)
+28%
|
(60)
+16%
|
(43)
+29%
|
(16)
+62%
|
(16)
+3%
|
5
N/A
|
20
+291%
|
29
+48%
|
48
+67%
|
|
| EPS (Diluted) |
-0.13
N/A
|
-0.15
-15%
|
-0.15
N/A
|
-0.14
+7%
|
-0.12
+14%
|
-0.32
-167%
|
-0.19
+41%
|
-0.25
-32%
|
-0.36
-44%
|
-0.35
+3%
|
-0.35
N/A
|
-0.32
+9%
|
-0.26
+19%
|
-0.21
+19%
|
-0.18
+14%
|
-0.13
+28%
|
-0.11
+15%
|
-0.08
+27%
|
-0.03
+63%
|
-0.03
N/A
|
0.01
N/A
|
0.03
+200%
|
0.04
+33%
|
0.07
+75%
|
|