Want to see OPRA full AI Analyst Report?

Opera (OPRA) Earnings Dates, Call Summary & Reports

1,762 Followers

Earnings Data

Report Date

Aug 20, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.27

Last Year’s EPS

0.17

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 3 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

Overall the call was positive: the company reported strong top-line outperformance (Q1 revenue +23% to $176M), healthy adjusted EBITDA and cash conversion, raised full-year revenue guidance, and highlighted meaningful product and AI-driven engagement gains (ARPU +25%, Browser Connector launch, MiniPay scale). Offsetting items include rising hosting and other OpEx due to AI usage, a mix-driven cost-of-revenue profile for Opera Ads, and remaining uncertainty around how early-stage initiatives (e.g., MiniPay) scale. On balance, the positive operational momentum and capital returns outweigh the manageable cost pressures.

Company Guidance

Management raised full‑year revenue guidance to $727–$740 million (18%–20% growth, up $7M/$5M on the low/high ends versus prior range) and lifted adjusted EBITDA guidance to $170–$174 million (≈23.4% margin at the midpoint), noting they let just over 40% of incremental revenue flow to EBITDA; Q2 guidance is $176–$178 million revenue (23%–25% YoY) and $40–$42 million adjusted EBITDA (23.2% margin; ~28% adj. EBITDA growth at the midpoint). They expect full‑year OpEx (pre‑adj. EBITDA) of about $562 million at the midpoint (Q2 = $136M), cost of revenue around 38% of revenue for the year, cash‑based compensation to grow just above 10%, marketing to grow ~10% (Q2 similar to Q1’s $38.5M), other OpEx (pre‑adj. EBITDA) to rise just over 20% YoY, and a modest uplift to adjusted EBITDA margin (~+15 bps at the midpoint versus prior guidance) while reiterating 2025‑like EBITDA‑to‑cash conversion as a reasonable expectation.

Revenue Outperformance and Growth

Q1 revenue of $176 million, up 23% year-over-year, exceeded the high end of guidance by $4 million; full-year revenue guidance raised to $727 million–$740 million (18%–20% growth), with the low end up $7M and high end up $5M versus prior guidance.

Strong Profitability and Cash Conversion

Adjusted EBITDA of $42 million (24% margin) for the quarter; operating cash flow also $42 million (100% conversion of adjusted EBITDA) and free cash flow from operations $35.5 million (85% of adjusted EBITDA).

Advertising and Query Momentum

Advertising revenue reached $117 million (67% of total), up 24% year-over-year and noted as an all-time high; query revenue $58 million (33% of total), up 23% year-over-year with pure search revenue growth of 14%.

User and ARPU Expansion

Average monthly users (MAU) at 288 million after adding 4 million users in the referenced quarter; added 400,000 Western users and ~1 million new Opera GX users globally. Annualized ARPU was $2.43, up 25% year-over-year.

Product and AI Innovation

Launched Browser Connector (MCP protocol) enabling 'bring your own AI' integrations across Opera One, GX and Opera Neon; AI-engaged users in Western markets spend ~1 additional hour per day in-browser and perform ~50% more traditional searches, supporting ARPU growth and new monetization paths.

MiniPay Scale and Ecosystem Traction

MiniPay activated over 15 million wallets and processed over 430 million transactions; MiniPay and related ecosystem generate roughly $20 million of revenue today and MiniPay developer incentives announced (USD 1M) to spur mini app growth.

Capital Return and Share Buybacks

Recurring dividend program ($0.80/year) with $0.40 ($36M) paid in January; launched $300 million buyback program and repurchased 1.14 million shares in March for $17 million at $14.88 per share, reducing shares outstanding to 89.55 million.

Sustained Longer-Term Performance Metrics

20th consecutive quarter as a 'Rule of 40' company; 10-year CAGR of revenue at 21% — signaling consistent long-term growth and profitability.

Opera (OPRA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

OPRA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 20, 2026	2026 (Q2)	0.27 / -	0.17	―	―	―
Apr 28, 2026	2026 (Q1)	0.26 / 0.27	0.2	35.00% (+0.07)
Feb 26, 2026	2025 (Q4)	0.24 / 0.61	0.32	90.62% (+0.29)
Oct 29, 2025	2025 (Q3)	0.22 / 0.21	0.2	5.00% (<+0.01)
Aug 19, 2025	2025 (Q2)	0.20 / 0.17	0.22	-22.73% (-0.05)
Apr 28, 2025	2025 (Q1)	0.21 / 0.20	0.17	17.65% (+0.03)
Feb 27, 2025	2024 (Q4)	0.23 / 0.32	1.38	-76.81% (-1.06)
Oct 29, 2024	2024 (Q3)	0.21 / 0.20	0.201	-0.50% (>-0.01)
Aug 22, 2024	2024 (Q2)	0.17 / 0.22	0.201	9.45% (+0.02)
Apr 25, 2024	2024 (Q1)	0.16 / 0.17	0.195	-12.82% (-0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

OPRA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$16.91	$17.81	+5.32%
Feb 26, 2026	$12.49	$15.41	+23.38%
Oct 29, 2025	$15.11	$14.59	-3.42%
Aug 19, 2025	$16.56	$15.74	-4.94%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.