Tuya Inc. R&D Expense

Quick Answer

Tuya Inc. reported R&D Expense of $95.05 million for fiscal year 2024.

Tuya Inc. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $95.05M -7.1%
2023 $102.28M -29.4%
2022 $144.94M -16.8%
2021 $174.29M +125.1%
2020 $77.43M +48.9%
2019 $52.00M
  • Tuya Inc. showed a decrease of -7.1% in R&D Expense compared to the prior fiscal year.
  • Over the 2019–2024 period, Tuya Inc.’s r&d expense has grown by 82.8% (from $52.00 million to $95.05 million).
  • The most recent figure is from Tuya Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 24, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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