Opera's second quarter 2026 results beat estimates as revenue grew 25% with raised guidance

Opera reported second quarter 2026 financial results that exceeded the top end of its guidance and analyst estimates, with revenue rising 25% year-over-year. Growth was led by strong performance in advertising and search query streams, alongside a significant expansion in average revenue per user (ARPU) as the company prioritizes high-monetization markets.

Key Highlights

• Revenue increased 25% YoY to $178.1 million, while Adjusted EBITDA grew 32% to $42.4 million with a 24% margin.
• Annualized average revenue per user (ARPU) surged 25% year-over-year to $2.46, driven by higher browser engagement and geographic shifts.
• Core product expansion continued with Opera GX monthly active users reaching 37 million and MiniPay cumulative activated wallets growing 121% to 18 million.