Opera Limited ( OPRA ) Q3 2025 Earnings Call October 29, 2025 8:00 AM EDT Company Participants Matthew Wolfson - Head of Investor Relations Lin Song - CEO & Director Frode Jacobsen - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Securities, Inc., Research Division Ronald Josey - Citigroup Inc., Research Division Eric Sheridan - Goldman Sachs Group, Inc., Research Division Mark Argento - Lake Street Capital Markets, LLC, Research Division James Callahan - Piper Sandler & Co., Research Division Lance Vitanza - TD Cowen, Research Division Presentation Operator Good day, everyone, and welcome to the Opera Limited Third Quarter 2025 Earnings Call.
While the top- and bottom-line numbers for Opera Limited (OPRA) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
OPRA's correction has turned out as expected in our last article, as the bulls continue to defend its floor at the $16s and its uptrend momentum since October 2022. Despite the double-digits top-line growth cadence, the higher costs on advertising inventory has eaten into its gross profit and adj EPS performance. While OPRA has already raised their FY2025 guidance, it remains to be seen when their profit inflection may occur, pending the successful monetization of Opera Neon, its agentic browser platform.
| IT Services Industry | Information Technology Sector | Lin Song CEO | XBER Exchange | US68373M1071 ISIN |
| NO Country | 599 Employees | 8 Jul 2025 Last Dividend | - Last Split | 27 Jul 2018 IPO Date |
Opera Limited, established in 1995, stands as a prominent player in the software industry, offering an extensive range of web browsers for both mobile and PC platforms. Headquartered in Oslo, Norway, and operating under the parent company Kunlun Tech Limited, Opera has expanded its market reach globally, with significant operations in countries like Nigeria, Ireland, France, Germany, Spain, England, South Africa, and Kenya. The company's business is organized into two core segments: Browser and News, and Other, allowing it to cater to a wide array of digital needs and preferences. Opera's dedication to innovation and user experience is evident in its diversified product offering and its strategic international presence.
A collection of mobile browsers designed to enhance the browsing experience on smartphones. Each of these products caters to different user needs and preferences, offering features like data saving, gaming-focused browser capabilities, and user-friendly interfaces.
- **Opera for Computers and Opera GX**PC browsers that provide seamless browsing experiences on desktop systems. Opera GX is specifically tailored for gamers, featuring various gaming-related functionalities and customizations.
- **Apex Football**An offering that combines the excitement of football with the functionality of a browser, providing users with an immersive football experience.
- **Opera VPN Pro**A premium VPN service that ensures secure and private browsing, allowing users worldwide to access the web freely and without restrictions.
- **Opera News**An AI-powered news discovery and aggregation service, which personalizes content for users based on their reading preferences and habits.
- **Opera Crypto Browser**A browser tailored for the cryptocurrency community, offering integrated crypto wallet functionality and blockchain-related information directly in the browser interface, available for both PCs and mobile devices.
- **Browser-based cashback rewards**An innovative rewards program that provides users with cashback for purchases made through the browser, enhancing the online shopping experience.
- **GameMaker Studio**A powerful 2D gaming development platform owned by Opera, enabling developers to create games with ease and efficiency, and distribute them across various platforms.
- **GXC**A gaming portal that offers an array of browser-based games, fostering a community of gamers and providing a platform for game developers to showcase their creations.
- **Opera Ads**An online advertising platform that leverages the extensive user base of Opera’s browsers to deliver targeted and effective ad campaigns for businesses.