Opera Celebrates Record Growth in User Base and Robust Q3 Financial Performance

Opera's Record User Growth and Strong Q3 Results

Opera Limited, a prominent global company in the browser and AI agent sector, has recently announced exceptional progress on multiple fronts. In a recent communication, the company revealed that its desktop user base achieved a historic milestone, reaching 100 million monthly active users (MAUs) in October 2026. This marks a substantial increase from 94 million MAUs recorded in the second quarter of the same year, reflecting a 16% growth compared to October 2025.

The growth of Opera aligns with its strategic vision of becoming a top choice for users seeking alternatives to the default browsers that come pre-installed with devices. Song Lin, CEO of Opera, highlighted the company's evolving role in a landscape increasingly defined by AI integrations: "As a leading browser company, we are in an increasingly strategic position as new AI tools and workstreams are adopted by users. We are focused on making AI widely accessible through local browser capabilities and native integrations with users' preferred tools."

Opera’s performance for the third quarter of 2026 has also been commendable, with a reported revenue of $182.8 million. This figure represents a 20% increase compared to the previous year and falls at the upper end of the guidance range that the company had previously set between $181 million and $183 million. Moreover, the adjusted EBITDA stood at $43.2 million, showcasing a 24% margin, surpassing the upper threshold of guidance expectations, which was set between $41 million and $43 million.

Frode Jacobsen, Opera’s CFO, noted that the strong results in Q3 were driven by the growth of both query and advertising revenue, which increased by 17% and 22%, respectively, year-over-year. He emphasized the importance of informed timing in reporting, stating, "Given our later-than-usual reporting date, we wanted to share these Q3 highlights now. Our reporting timeline allows us to carefully assess trends and ensure that we approach our final Q4 guidance with typical prudence as we close out a highly successful year."

Opera is scheduled to publish the full details of its Q3 2026 financial results on November 17, 2026, before the market opens. On the same day, a conference call will be held at 8:00 AM Eastern Time to discuss the results and trends observed.

The announcement also sheds light on Opera’s usage of certain non-IFRS financial measures, such as adjusted EBITDA, to gauge performance effectively. These metrics provide essential supplemental insights regarding the financial landscape, aiding investors and stakeholders in understanding the company’s ongoing operational results thoroughly.

The Road Ahead

As Opera moves forward, there is anticipation surrounding future product releases and enhancements, which are likely to play a critical role in maintaining this growth trajectory. With AI becoming intertwined with online browsing experiences, Opera is strategically positioned to leverage its capabilities to offer unique features that enhance user interactions and provide security in internet usage.

Founded in 1995 and headquartered in Oslo, Norway, Opera has garnered a strong global presence with its innovative approach to browsing. The company is listed on the Nasdaq stock exchange under the ticker symbol OPRA and is dedicated to facilitating the best online experiences across various devices, focusing heavily on speed, security, and user experience. Interested parties can learn more about Opera's offerings by visiting their official website at opera.com or by checking their investor relations page at investor.opera.com.

With a promising landscape ahead, Opera appears poised to continue its upward trend, making it one of the leading players in the evolving world of internet browsing and AI technology.