Opera Limited Q3 2025 Earnings Recap

Opera Limited reported robust third-quarter results, achieving a record revenue of $152 million and a 23% year-over-year growth, driven by strong demand for its innovative AI-integrated browsers.

Key Takeaways

• Revenue growth of 23% year-over-year surpassed guidance of 18% to 21%, setting a new quarterly revenue record.
• Adjusted EBITDA reached $36.3 million, marking an EBITDA margin of 24% and maintaining the company's status as a Rule of 40 company for the 18th consecutive quarter.
• Annualized ARPU increased 28% year-over-year, exceeding $2 for the first time, reflecting enhanced monetization strategies.
• Updated revenue guidance now targets over $600 million for 2025, representing 25% growth, illustrating strong momentum and market expansion.
• The launch of the Opera Neon browser emphasizes the company's commitment to AI integration in web browsing, catering to a growing base of discerning users.