Tuya Q2 FY26 net profit rises 48% to US$18.6 million; revenue increases 16% to US$92.9 million - TUYA News | RalliesTuya Q2 FY26 net profit rises 48% to US$18.6 million; revenue increases 16% to US$92.9 million
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TUYA• Q2 FY26 results
- Tuya posted Q2 2026 revenue of US$92.9 million, up 16% year over year; net profit rose 48% to US$18.6 million.
- Operating income widened to US$9.3 million from US$1.1 million; operating margin improved 8.6 percentage points to 10%.
- Gross margin narrowed 2.1 percentage points to 46.3%, citing product-and-solution mix shifts and semiconductor supply-chain pricing fluctuations.
Business metrics and AI expansion
- PaaS revenue climbed 16.9% to US$67.9 million; smart home and robot product revenue increased 23.2% to US$13.5 million.
- Premium PaaS customers rose to 318; registered AI developers topped 2,092,000 as Tuya expanded AI companion shipments and launched Tuya Cobuilder.
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