Tuya Inc's Corporate Customers have recorded an increase in their cost of revenue by 19.45 % in the 4 quarter 2025 year on year, sequentially costs of revenue grew by 68.97 %. During the corresponding time, Tuya Inc recorded a revenue increase by 7.58 % year on year, While revenue at the Tuya Inc 's corporate clients recorded rose by 13.38 % year on year, sequentially revenue grew by 31.7 %.
Tuya Inc's Customers have recorded an increase in their cost of revenue by 19.45 % in the 4 quarter 2025 year on year, sequentially costs of revenue grew by 68.97 %, for the same period Tuya Inc recorded revenue increase by 7.58 % year on year,
Tuya Inc's Comment on Sales, Marketing and Customers
As of December 31, 2025, one customer represented approximately 15.0% of the company's total accounts receivable. The accounts receivable balances were US$7.6 million in 2024 and US$13.2 million in 2025. The company is exposed to credit risk related to customer defaults and may face risks if customer relationships deteriorate or if customers experience financial difficulties affecting timely payments.
NEW YORK, May 28, 2024 - Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, has announced its formal membership in the United Nations Global Compact (UNGC), signifying its commitment to upholding the UNGC s Ten Principles and promoting sustainable and inclusive development worldwide. This important step further solidifies Tuya Smart s dedication to shaping the future of the Internet of Things (IoT) industry.The United Nations Global Compact is a voluntary initiative that brings together businesses, governments, and civil society organizations, aiming to achieve a more sustainable and equal global economy. By joining this esteemed group, Tuya Smart demonstrates its determin...
Tuya Smart Showcases Cutting-Edge Solutions at CES 2024 to Shape the Future of All Together, All On SmartThe Financial TimesJanuary 10, 2024Tuya Smart, a global IoT developer service provider, is set to make a splash at CES 2024 in Las Vegas, Nevada by showcasing its cutting-edge solutions and unveiling its Four Signature Colors for the new year. The event will take place from January 9th to 12th and will be an opportunity for Tuya Smart to demonstrate its innovations and push the boundaries of the All Together, All On Smart theme.In recent financial reports, Tuya Inc s corporate customers have shown significant advances in their cost of revenue by 6.05% in the fourth quarter of 2022 compared to the previous...
Tuya Inc’s Comment on Sales, Marketing and Customers
As of December 31, 2025, one customer represented approximately 15.0% of the company's total accounts receivable. The accounts receivable balances were US$7.6 million in 2024 and US$13.2 million in 2025. The company is exposed to credit risk related to customer defaults and may face risks if customer relationships deteriorate or if customers experience financial difficulties affecting timely payments.
Sources:
Tuya Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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Focus of this report: Tuya Inc’s corporate clients.
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