- Opera (OPRA, Financial) reported a 40% revenue growth in Q1 2025, reaching $142.7 million.
- Advertising revenue surged by 63% to $95.6 million, making up 67% of the total revenue.
- Opera raises its full-year guidance, projecting revenue between $567-582 million.
Opera Limited (NASDAQ: OPRA) announced a significant 40% rise in revenue for the first quarter of 2025, achieving $142.7 million, which exceeds its guidance expectations. The company's robust performance was driven by a 63% increase in advertising revenue, which totaled $95.6 million, accounting for 67% of Opera's total revenue. Additionally, search revenue saw an 8% growth, reaching $46.6 million.
Key financial metrics highlighted include an adjusted EBITDA of $32.3 million, showcasing a 23% margin, and a net income increase to $18.3 million. Opera also reported substantial user growth, with 293 million monthly active users and a 45% increase in average revenue per user (ARPU) to $1.94.
The Opera GX gaming browser continued its upward trajectory, growing its user base by 14% year-over-year to achieve 34 million monthly active users. Product innovation efforts were underscored by the introduction of Opera Air, a mindfulness-oriented browser, and an AI-powered Browser Operator.
Looking ahead, Opera has raised its full-year 2025 revenue guidance to a range of $567-582 million and expects adjusted EBITDA between $135-140 million. For the second quarter, Opera anticipates revenues between $134-138 million, maintaining a 23% adjusted EBITDA margin.
Opera's strong financial results and strategic product launches demonstrate its continued leadership in the browser market and its capacity to leverage growth opportunities effectively.
