Tuya

Tuya reported revenue of $92.9 million for Q2 2026, up 16% year‑over‑year and 3.8% above consensus. The PaaS business contributed $67.9 million (+16.9%) and was a key driver of growth, while gross margin was weighed down at 46.3% by semiconductor volatility and mix effects. The company closed the quarter with $976 million in cash and positive operating cash flow; however, the stock remained in the lower part of its 52‑week range. Management is focused on AI‑native applications, developer tools like CodeBuilder and further global expansion; no formal quarterly guidance was provided. » More on de.investing.com

Tuya's ADRs hit a new 52-week low at $1.62, 44% below their year-to-date high of $2.88. Despite the decline, InvestingPro rates the stock as strongly undervalued and points to a positive fair-value estimate. Tuya reported Q1 2026 EPS of $0.03 (in line with analyst expectations) and revenue up 8.3% to $80.9 million; the company was profitable over the past twelve months and has more cash than debt. » More on de.investing.com

Tuya Smart took part in Robopoet’s pre-A financing round of a total of 100 million RMB, which also included Sequoia China and GSR Ventures. Robopoet’s AI companion Fuzozo recorded cumulative domestic sales of about 300,000 units by June 2026 and was the top seller in the AI toy category on Tmall during the 618 festival with 40,000 units sold. Tuya has been providing AI cloud services to Robopoet since 2025, highlights its AI platform technologies, and plans to continue offering developers AI cloud capabilities as well as resources for overseas business. » More on de.investing.com