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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