Opera Limited(OPRA)Earnings, Financials & Key Ratios
OPRA•NASDAQ
$19.68
16.5× P/E·Price updated Jul 7, 2026
AboutOpera Limited, together with its subsidiaries, provides mobile and PC web browsers. It operates in two segments, Browser and News, and Other. The company offers mobile browser products, such as Opera Mini, Opera for Android and iOS, Opera GX Mobile, and Opera Touch; PC browsers, including Opera for Computers and Opera GX; and Opera News, an AI-powered personalized news discovery and aggregation service. It also provides browser-based cashback rewards under the Dify brand name; owns GameMaker Studio, a 2D gaming development platform; and GXC, a gaming portal. In addition, the company operates online marketing platforms, including Opera Ads, an online advertising platform; and Opera Ads Manager, designs to create, manage, and report on digital advertising campaigns in one place allowing advertisers to reach customers. It operates in Ireland, Singapore, Russia, and internationally. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera Limited is a subsidiary of Kunlun Tech Limited.Show more
- Revenue$617M+28.3%
- EBITDA$112M+3.5%
- Net Income$109M+34.5%
- EPS (Diluted)1.19+32.2%
- Gross Margin43.13%-40.4%
- EBITDA Margin18.1%-19.3%
- Operating Margin15.03%-21.7%
- Net Margin17.61%+4.8%
- ROE11.14%+28.2%
OPRA Price & Volume
Opera Limited (OPRA) stock price & volume — 10-year historical chart
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Strategic Pivot Drives Growth Amid Margin Compression
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Expanding
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Regulatory and geopolitical exposure
Key Thesis Takeaways
- Opera Limited is successfully transitioning toward high-ARPU Western markets, evidenced by a 23.2% year-over-year revenue growth in 2026Q1.
- While the company maintains a robust balance sheet with a negligible 0.01% debt-to-equity ratio, investors should monitor the structural pressure on profitability as gross margins have contracted from historical peaks above 75% to 63.2%.
- The firm's aggressive capital return strategy, including $48.7M in combined dividends and buybacks in 2026Q1, suggests management confidence, though regulatory risks regarding advertising distribution channels warrant continued caution.
Verdict Logic
while the company trades at a 15.84 P/E ratio and demonstrates strong cash conversion, the ongoing gross margin compression to 63.2% and regulatory exposure suggest a balanced risk-reward profile.
OPRA Growth Metrics
Opera Limited (OPRA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years30.16%
3 Years23.05%
TTM24.19%
Profit CAGR
10 Years-
5 Years-9.53%
3 Years93.32%
TTM36.22%
EPS CAGR
10 Years-
5 Years-4.27%
3 Years104.08%
TTM32.98%
Return on Capital
10 Years3.71%
5 Years5.96%
3 Years8.68%
Last Year9.37%
OPRA Recent Earnings
Opera Limited (OPRA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (67%)●Beat Revenue 8/12 qtrs (89%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$0.27+4.9%
$0.26
Rev
$176M+2.8%
$171M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.30+26.3%
$0.24
Rev
$177M+7.7%
$165M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.21-31.4%
$0.31
Rev
$152M+2.6%
$148M
Q3 2025
Aug 19, 2025Metric
Actual
Est
EPS
$0.17
—
Rev
$143M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.27vs $0.26+4.9% | $176Mvs $171M+2.8% |
| Q1 2026 | Feb 26, 2026 | $0.30vs $0.24+26.3% | $177Mvs $165M+7.7% |
| Q4 2025 | Oct 29, 2025 | $0.21vs $0.31-31.4% | $152Mvs $148M+2.6% |
| Q3 2025 | Aug 19, 2025 | $0.17 | $143M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Opera Limited (OPRA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $19.68 | $1.76B | 16.54 | 28.31% | 17.61% | 11.14% | 3.99% | |
| $6.22 | $27.37M | -0.13 | -47.49% | -843.77% | -401.62% | — | |
| $47.63 | $3.54B | -35.81 | -37.14% | 1.82% | 0.85% | — | |
| $4.65 | $7.87B | -17.22 | 10.63% | -6.72% | -18.93% | — | |
| $22.42 | $14.9B | 36.75 | 15.79% | 7.64% | 7.76% | — | |
| $20.52 | $2.94B | 21.60 | 6.85% | 21.96% | 18.57% | — |
Compare OPRA vs Peers
Opera Limited (OPRA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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OPRA Frequently Asked Questions
Opera Limited (OPRA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Opera Limited's revenue?
Opera Limited (OPRA) reported $647.7M in revenue for fiscal year 2025. This represents a 504% increase from $107.3M in 2016.
How fast is Opera Limited growing?
Opera Limited (OPRA) grew revenue by 28.3% over the past year. This is strong growth.
Is OPRA profitable?
Yes, Opera Limited (OPRA) is profitable, generating $114.7M in net income for fiscal year 2025 (17.6% net margin).
Dividend & Returns
Does OPRA pay dividends?
Yes, Opera Limited (OPRA) pays a dividend with a yield of 3.99%. This makes it attractive for income-focused investors.
What is OPRA's return on equity?
Opera Limited (OPRA) has a return on equity (ROE) of 11.1%. This is reasonable for most industries.
What is Opera Limited's free cash flow?
Opera Limited (OPRA) generated $129.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.