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Opera (OPRA) Gross Margin % : 73.12% (As of Sep. 2024)


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What is Opera Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Opera's Gross Profit for the three months ended in Sep. 2024 was $90.1 Mil. Opera's Revenue for the three months ended in Sep. 2024 was $123.2 Mil. Therefore, Opera's Gross Margin % for the quarter that ended in Sep. 2024 was 73.12%.

Warning Sign:

Opera Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


The historical rank and industry rank for Opera's Gross Margin % or its related term are showing as below:

OPRA' s Gross Margin % Range Over the Past 10 Years
Min: 74.69   Med: 94.96   Max: 98.56
Current: 74.69


During the past 8 years, the highest Gross Margin % of Opera was 98.56%. The lowest was 74.69%. And the median was 94.96%.

OPRA's Gross Margin % is ranked better than
62.11% of 512 companies
in the Interactive Media industry
Industry Median: 61.32 vs OPRA: 74.69

Opera had a gross margin of 73.12% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Opera was -4.80% per year.


Opera Gross Margin % Historical Data

The historical data trend for Opera's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Opera Gross Margin % Chart

Opera Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 98.56 94.96 94.55 83.51 76.50

Opera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.40 74.73 76.42 74.80 73.12

Competitive Comparison of Opera's Gross Margin %

For the Internet Content & Information subindustry, Opera's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Opera's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Opera's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Opera's Gross Margin % falls into.



Opera Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Opera's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=303.5 / 396.755
=(Revenue - Cost of Goods Sold) / Revenue
=(396.755 - 93.25) / 396.755
=76.50 %

Opera's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=90.1 / 123.209
=(Revenue - Cost of Goods Sold) / Revenue
=(123.209 - 33.115) / 123.209
=73.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Opera  (NAS:OPRA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Opera had a gross margin of 73.12% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Opera Gross Margin % Related Terms

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Opera Business Description

Traded in Other Exchanges
Address
Vitaminveien 4, Oslo, NOR, 0485
Opera Ltd is a world-wide internet brand with a large, engaged and growing base. It offers users products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.