Opera Surpasses Financial Expectations in Second Quarter 2025, Adjusting Revenue Guidance Upwards

Opera Limited's Financial Performance in Q2 2025

On August 19, 2025, Opera Limited (NASDAQ: OPRA), a prominent name in the realm of internet browsers and artificial intelligence (AI) solutions, proudly announced its financial achievements for the second quarter, concluding on June 30, 2025. The company showcased remarkable growth, outperforming market expectations and setting new standards for financial attainments within the tech industry.

Record Revenue Growth

Opera reported an impressive 30% surge in revenue, reaching $143 million compared to $109.7 million in the same period last year. This growth was majorly attributed to the booming AI-driven intent-based advertising segment, particularly benefiting e-commerce. The company's advertising revenue alone skyrocketed by 44% year-over-year, amounting to $92.9 million, representing 65% of total revenue generated in the quarter. Additionally, Opera's search revenue experienced a noteworthy 11% growth, totaling $49.6 million.

Strong Adjusted EBITDA

Adjusted EBITDA for the quarter was reported at $32.1 million, reflecting a margin of 22%, showcasing strong operational efficiency. This also marked a significant rise as compared to previous quarters, where adjusted EBITDA stood at $26.6 million, a remarkable 21% increase year-over-year.

Co-CEO Lin Song highlighted the importance of solid financial structures, stating, "Our robust second-quarter performance, with both revenue and adjusted EBITDA surpassing expectations, sets us on a path of continued success, aided by our cutting-edge AI initiatives."

Innovative Offerings

The announcement further emphasized the introduction of Opera Neon, a revolutionary agentic browser designed to enhance user productivity by seamlessly integrating AI features. This browser offers a transformative browsing experience, allowing users not only to execute tasks but also to anticipate their needs, taking web productivity to an unprecedented level.

Mr. Song pointed out the impact of these innovations: "With 30 years in pioneering web productivity, we are focused on making AI tools accessible and work in tandem with users' needs."

User Engagement and Reach

With an average of 289 million monthly active users, Opera demonstrated a 35% increase in annualized average revenue per user (ARPU), now sitting at $1.97, indicative of the valued engagement from its user base. The impressive growth trajectory reinforces the company's forward-looking approach, as they generate strategic partnerships in the e-commerce sector.

Future Guidance

Due to this exceptionally positive quarter, Opera has raised its full-year revenue guidance to a range between $585 million and $597 million, alongside an expected adjusted EBITDA margin of around 23% at the midpoint. CFO Frode Jacobsen pointed out that the resilience shown amidst market volatility reinforces their optimistic outlook, stating, "We're witnessing sustained growth in our advertising revenues, which serves as a resilient pillar in these unpredictable times."

Conclusion

Opera's Q2 2025 results are not just numbers on a financial statement; they represent a significant leap forward for the company's strategy and vision in the tech landscape. With innovative browser developments and solid financial foundations, Opera is poised for continued growth and expansion, carving out a central role in the future of web browsing and AI integration.

For further information on Opera's financial performance, including more detailed analysis, please refer to their investor relations website.