Opera Stock Soars 12.62% on 40% Revenue Surge

Opera's stock surged 12.62% in pre-market trading on April 28, 2025, driven by strong financial performance and strategic initiatives.

Opera reported a 40% year-over-year revenue growth in Q1 2025, reaching $142.7 million. This growth was primarily driven by a 63% increase in advertising revenue, which reached $95.6 million. Search revenue also contributed significantly, growing 8% to $46.6 million. The company's profitability remained robust, with Adjusted EBITDA reaching $32.3 million and net income increasing 23% to $18.3 million.

Opera's user base continues to grow, with 293 million monthly active users and an annualized ARPU of $1.94, up 45% year-over-year. The Opera GX gaming browser reached 34 million monthly active users, growing 14% year-over-year. The company has also launched new products, including Opera Air and the Browser Operator with local AI capabilities, positioning itself for further growth in the evolving browser market.

Opera has raised its full-year 2025 guidance, projecting revenue of $567-582 million and Adjusted EBITDA of $135-140 million. For Q2 2025, the company expects revenue of $134-138 million with a 23% adjusted EBITDA margin. The strong financial performance and strategic initiatives have positioned Opera for continued growth and success in the browser market.