Tuya's Q1 2026 Earnings: AI Push, Revenue Growth

Tuyas Q1 2026 earnings show resilience amid global challenges, with total revenue up 8.3% YoY to $80.9M. Operating and net margins improved, driven by cost controls and AI shift. Core PaaS business grew 9.8% to $59M, AI apps surged 16.9% to $11.6M, while smart home products dipped 6.9% to $10.2M. Tuyas AI push into physical world gained traction, with AI security Guardian and Hey Tuya assistant launching. Developer ecosystem expanded to nearly 2M AI devs, and verticals like security locks saw 73% growth. Despite chip cost squeezes, Tuyas cash-rich position enables global energy tech scaling and long-term innovation in toys and security. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4ef691828d169d9c