#None #share buyback #Oslo #Opera #Browser

Opera's Remarkable Financial Performance in Q4 2025

Opera Limited (NASDAQ: OPRA), a prominent browser and AI agent company, recently shared its financial results for the fourth quarter and full year ending December 31, 2025. The company reported a 22% year-over-year increase in revenue for the fourth quarter, totaling $177.2 million, surpassing its guidance range. Adjusted EBITDA for the quarter was $41.9 million, reflecting a 24% margin, once again exceeding expectations.

Yearly Growth

For the entire year, Opera's revenue rose 28% to reach $614.8 million, with adjusted EBITDA standing at $142.5 million, marking a 23% margin. The strong growth was particularly driven by thriving sectors such as advertising and query revenue, highlighting the effective monetization strategies the company has employed.

The CEO, Lin Song, expressed pride in the achievements, stating: "2025 was a year of exceptional execution and financial overperformance. Our results for the fourth quarter yet again exceeded our guidance, bringing our full-year revenue to $614.8 million, which represents a remarkable growth driven by our advertising and query revenue initiatives."

Exciting Future Predictions

Looking forward, Opera has initiated its 2026 guidance, predicting a full-year revenue of $720 - 735 million (a growth of 17 - 20%) and forecasted adjusted EBITDA of $167 - 172 million. The first quarter of 2026 is anticipated to bring in revenues between $169 - 172 million, demonstrating a consistent revenue growth trend.

In addition to substantial revenue projections, Opera announced a $300 million share repurchase program, aiming to return significant value to its shareholders. This initiative allows the company to buy back shares from both the public market and its majority shareholder, reinforcing its commitment to enhancing shareholder value alongside its recurring dividend program.

Key Business Highlights

The fourth quarter also showcased key business achievements:

• - Advertising revenue soared by 25% year-over-year to $114.4 million, making up 65% of total revenue.
• - Query revenue increased by 16% to $62.3 million, comprising 35% of total revenue, significantly benefiting from a surge in non-search query income.
• - Opera recorded 284 million average monthly active users (MAUs) in Q4, with an impressive annualized average revenue per user (ARPU) of $2.49, indicating a notable 26% increase compared to the same quarter last year.
• - With a notable uptick in user engagement, the Opera GX gaming browser boasted 34 million average MAUs, expanding from the previous quarter.

AI Integration and Future Developments

Opera's commitment to innovation continues with the introduction of new AI capabilities powered by Google's latest Gemini models in its flagship browsers, catering to over 80 million PC users. This move aims to provide users with a more context-aware and user-friendly browsing experience. Furthermore, the company continues to expand with its MiniPay wallet, which has witnessed substantial growth, reaching 13 million activated wallets and facilitating 360 million transactions.

Commitment to Shareholders

Mr. Jacobsen, CFO, affirmed, "Our steadfast approach in launching the $300 million share repurchase program underscores the strength of our operating model and strong balance sheet. This initiative not only highlights our commitment to shareholder returns but also positions us for future growth."

Conclusion

The results from Opera Limited illustrate a robust financial position and strategic foresight, enhanced by ongoing innovations and a clear commitment to shareholder value. As the company navigates through 2026, the prospects seem promising, fostering encouragement for both existing and potential investors alike. Opera's blend of technological advancements and financial robustness ensures that it remains a significant player in the global browser and AI market.