Tuya Smart has unveiled its financial performance for both the second quarter and the first half of 2026. According to the data, in the first half of 2026, Tuya Smart's total revenue soared to US$173.8 million, marking a significant year-on-year increase of approximately 12.3%. This total revenue comprises US$127 million from PaaS (Platform as a Service) and US$23.7 million from smart home and robotics solutions. For the second quarter alone, the company reported revenue of US$92.9 million, reflecting a robust year-on-year growth of approximately 16.0%. Within this, PaaS revenue reached US$67.9 million, up approximately 16.9% year-on-year, while smart home and robotics revenue climbed to US$13.5 million, representing a notable year-on-year increase of approximately 23.2%. Furthermore, the company's GAAP net profit for the second quarter stood at US$18.6 million, with a net profit margin of 20.1%, showing a substantial year-on-year improvement of 4.4 percentage points.