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Tuya Smart Reports Q1 2025 Revenue of US$74.7 Million, Marking a 21.1% Year-over-Year Growth
2025-05-21 /
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Author：小编
Tuya Smart, a leading global AI cloud platform service provider, has unveiled its financial results for the first quarter of 2025. According to the report, the company's total revenue for the quarter amounted to US$74.7 million, signifying a robust 21.1% year-over-year increase. Breaking down the figures, IoT PaaS business revenue stood at approximately US$53.7 million, while SaaS and other business segments contributed approximately US$10 million. Notably, the smart solutions business revenue surged to approximately US$11 million, marking a significant 47.1% year-over-year growth.
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