v3.26.1
Basic and Diluted Net (Loss)/Profit per Share
 12 Months Ended
Dec. 31, 2025
Basic and Diluted Net (Loss)/Profit per Share  
Basic and Diluted Net (Loss)/Profit per Share

17.  Basic and Diluted Net (Loss)/Profit per Share

Basic and diluted (loss)/profit per share have been calculated in accordance with ASC 260 on computation of (loss)/profit per share for each of the year ended December 31, 2023, 2024 and 2025 are calculated as follows:

​

​

​

​

​

​

​

​

​

​

Year Ended December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

​

US$

​

US$

​

US$

Basic and diluted net (loss)/profit per share calculation

​

​

​

​

​

​

Numerator:

​

​

​

​

​

​

Net (loss)/profit attributable to Tuya Inc.’s ordinary shareholders, basic and diluted

 

(60,315)

​

4,997

​

57,890

Denominator:

 

​

​

​

​

​

Weighted-average ordinary shares outstanding-basic

 

555,466,061

​

573,782,783

​

611,714,837

Effect of diluted securities

​

​

​

​

​

​

Share option and RSU

​

—

​

17,224,018

​

2,092,417

Weighted-average ordinary shares outstanding-diluted

​

—

​

591,006,801

​

613,807,254

Net (loss)/profit per share attributable to ordinary shareholders:

 

  ​

​

​

​

​

Basic

 

(0.11)

​

0.01

​

0.09

Diluted

 

(0.11)

​

0.01

​

0.09

​

For the years ended December 31, 2023, 2024 and 2025, the Company had ordinary equivalent shares, including share options and RSUs granted (Note 15). As the Group incurred a loss for the years ended December 31, 2023, these ordinary equivalent shares were determined to be anti-dilutive and excluded from the calculation of diluted loss per share of the Company.