Opera's Third Quarter 2025 Performance Surpasses Expectations and Elevates Revenue Forecasts

Opera Limited Reports Third Quarter 2025 Results

Opera Limited, a leading global browser and AI agent software company, recently announced its impressive financial performance for the third quarter ending September 30, 2025. The company achieved significant growth, with revenue increasing by 23% year-over-year, reaching $151.9 million, a testament to its strong market position and effective execution of strategies.

Key Financial Highlights

During this quarter, Opera's adjusted EBITDA, a key performance indicator that reflects the company's operational profitability, stood at $36.3 million, representing a healthy margin of 24%. This figure exceeded the company's own guidance, indicating robust profitability amid increasing operational demands.

Impressively, Opera has raised its full-year guidance, projecting revenue of $600 million to $603 million, with an anticipated year-over-year growth rate of 25%. Adjusted EBITDA guidance has also been updated to between $138 million and $141 million, showcasing confidence in sustained momentum for the remainder of the fiscal year.

CEO Lin Song expressed pride in the team's performance, highlighting their focus on innovation as a critical factor in achieving these results. He stated, _“Our continued focus on innovation positions us well for the future, and I could not be more pleased about our strategic opportunities in this rapidly evolving landscape.”_

The Launch of Opera Neon

A significant part of Opera's strategy involves its recent launch of Opera Neon in September, which represents a groundbreaking step toward the next generation of web browsers. The Neon browser is touted for integrating advanced AI functionalities, allowing users to have more efficient and personalized browsing experiences.

This innovative browser aims to cater particularly to power users by providing advanced AI-driven task workspaces and automation features through its Neon Do capabilities. Such unique features emphasize Opera's commitment to enhancing user engagement and experience through cutting-edge technology.

Advertising and Query Revenue

The financial results indicate a solid performance across various revenue streams. Notably, advertising revenue surged by 27% year-over-year, totaling $95.9 million, representing 63% of total revenue. This growth was largely fueled by the company’s ongoing partnerships within the e-commerce vertical, which has become a high-growth area. Additionally, query revenue increased by 17%, revealing significant monetizing opportunities through user interactions with AI services, further enhancing Opera's business model.

Notably, Opera's monthly active user base reached 284 million during the quarter, and with an annual average revenue per user (ARPU) of $2.13, marking a 28% increase from the previous year. This growth underscores Opera's successful strategies in user retention and engagement.

Future Outlook and Innovation

The company's roadmap includes additional enhancements to its browser suite, including new versions of its flagship browsers equipped with upgraded AI features, ensuring that Opera remains at the forefront of the tech competition.

Furthermore, Opera's MiniPay wallets saw a remarkable 175% increase in year-over-year activations, surpassing 10 million users since launch. This feature allows users to conduct peer-to-peer transactions efficiently, further positioning Opera as a leader in integrated financial solutions within the online browsing ecosystem.

As Opera pushes forward, it maintains a strong balance sheet, ending the quarter with cash and cash equivalents totaling $119 million, allowing for continued investment in growth areas.

Overall, Opera Limited's third-quarter results and elevated financial guidance not only highlight the company's robust current performance but also indicate a promising trajectory for future growth and innovation in the competitive technology landscape.