In the first quarter of 2026, Tuya experienced an 8.3% increase in revenue, reaching $80.9 million, while maintaining a gross margin of 47% and a net margin of 20%. The company showcased a robust cash position and benefited from positive operating leverage. This growth was fueled by the launch of new AI products and the expansion of its developer ecosystem, which bolstered its global presence.
How did Tuya’s revenue and global AI efforts perform in Q1 2026?
