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Tuya, Inc. (DE:785)
NYSE:785
Germany Market

Tuya (785) Earnings Dates, Call Summary & Reports

2 Followers

Earnings Data

Report Date
Aug 31, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
0.03
Last Year’s EPS
0.03
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:May 11, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: the company delivered healthy revenue growth (+8.3% YoY), improved profitability (GAAP operating margin ~9.2%, net profit $15.8M) and a strong cash position (~$1B+), while AI-related revenue and ecosystem metrics showed robust expansion (AI Apps +16.9% YoY, developer base ~1.96M). Management candidly highlighted near-term headwinds—chipset shortages, category-specific softness (lighting), a YoY decline in the Smart Home & Robot Products segment (-6.9%) due to deliberate phasing out of low-value hardware, and seasonal softness in AI application usage—but framed these as strategic, short-term tradeoffs to accelerate transition to higher-value AI-initial devices and software services. On balance, the positive operational and financial momentum, high-margin AI software growth, and strong liquidity outweigh the supply-chain and transitional challenges.
Company Guidance
Management guided the company to double down on three priorities—AI-native application innovation (especially high‑engagement categories like smart toys), scaling proven AI solutions globally (notably energy/green tech in Europe and projects like Singapore HDB) and strengthening the developer ecosystem—while maintaining financial discipline and selectively investing from a cash position of roughly $1B+. They expect Smart Home & Robot Products to recover in Q2–Q3 as low‑value hardware is phased out and higher‑value AI‑initial devices scale, and forecast continued outperformance from AI Application & Others (Q1 revenue $11.6M, +16.9% YoY) alongside a stable core PaaS business (Q1 revenue $59M, +9.8% YoY; 306 premium PaaS customers). Q1 company metrics: total revenue ~$80.9M (+8.3% YoY), blended gross margin 46.9% (PaaS 46.1%, AI App & Others 71.7%, Smart Home & Robot 23%), GAAP operating margin 9.2% (non‑GAAP 10%), operating profit ~$7.5M (non‑GAAP ~$8.1M), net profit ~$15.8M, OpEx ~$30.4M, registered AI developers >1.96M, TuyaOpen >340k doc views and >16k community members; product highlights include smart door locks +73% YoY, PaaS revenue from Wi‑Fi locks +65% YoY and AI revenue from video‑enabled locks +500% YoY.
Revenue Growth
Total revenue of approximately $80.9M in Q1 2026, representing year-over-year growth of ~8.3% and continuing sequential improvement and multiple consecutive quarters of positive growth.
Strong PaaS Performance
PaaS revenue of $59.0M, up ~9.8% YoY; PaaS gross margin of 46.1%, supporting stable core-platform economics and premium-customer base of 306 PaaS premium customers.
Rapid AI Application Expansion
AI Application & Others revenue of $11.6M, up ~16.9% YoY—outpacing company growth—and gross margin for this segment at a high 71.7%, reflecting structural software/AI margin advantage.
Profitability and Cash Strength
GAAP operating margin improved to 9.2% (significant YoY improvement), non-GAAP operating margin ~10%, profit from operations ~$7.5M (non-GAAP ~$8.1M), net profit $15.8M, and strong cash, cash equivalents, time deposits and treasury securities totaling roughly $1.0B+.
AI-Driven Product Wins and Verticals
Smart door lock business grew 73% YoY; PaaS revenue from Wi‑Fi smart door locks up ~65% YoY; AI revenues from video-enabled locks surged ~500% YoY. Progress in AI energy initiatives with channel wins at key European exhibitions and ongoing Singapore HDB deployments.
Developer and Open Ecosystem Expansion
Registered AI developers exceeded 1.96M; TuyaOpen documentation platform >340,000 views and >16,000 community members; launched developer tools (ultra-lightweight agent kit, vibe coding) to lower barriers for AI-native hardware development.
Strategic Product & Platform Transition
Company accelerating transition to AI-native/app-layer capabilities (Hey Tuya assistant, AI Security Guardian), moving from feature stacking to device-integrated AI agents and deepening industry scenario deployments (energy, security, toys, robots).

Tuya (DE:785) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

DE:785 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 31, 2026
2026 (Q2)
0.03 / -
0.026
May 11, 2026
2026 (Q1)
0.03 / 0.03
0.0260.00% (0.00)
Mar 02, 2026
2025 (Q4)
0.03 / 0.03
0.035-25.00% (>-0.01)
Nov 24, 2025
2025 (Q3)
0.03 / 0.03
0.035-25.00% (>-0.01)
Aug 26, 2025
2025 (Q2)
0.03 / 0.03
0.035-25.00% (>-0.01)
May 20, 2025
2025 (Q1)
0.02 / 0.03
0.01750.00% (<+0.01)
Feb 26, 2025
2024 (Q4)
0.02 / 0.03
0.017100.00% (+0.02)
Nov 18, 2024
2024 (Q3)
0.02 / 0.03
0.017100.00% (+0.02)
Aug 26, 2024
2024 (Q2)
0.02 / 0.03
0
May 20, 2024
2024 (Q1)
<0.01 / 0.02
-0.009300.00% (+0.03)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

DE:785 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 11, 2026
€2.02€1.97-2.48%
Mar 02, 2026
€1.99€1.97-1.01%
Nov 24, 2025
€1.80€1.70-5.93%
Aug 26, 2025
€2.06€2.08+0.97%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tuya, Inc. (DE:785) report earnings?
Tuya, Inc. (DE:785) is schdueled to report earning on Aug 31, 2026, After Close (Confirmed).
    What is Tuya, Inc. (DE:785) earnings time?
    Tuya, Inc. (DE:785) earnings time is at Aug 31, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is the P/E ratio of Tuya, Inc. stock?
          The P/E ratio of Tuya is N/A.
            What is DE:785 EPS forecast?
            DE:785 EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.