Financials · OPRA

Opera Limited (OPRA) financials

For fiscal 2025 (ended Dec 31, 2025), Opera Limited reported $614.83M of revenue and $108.28M of net income.

Revenue, FY2025
$614.83M
Revenue growth, YoY
+27.9%
Net income, FY2025
$108.28M
Net income growth, YoY
+34.1%
Net margin
17.6%
Free cash flow, FY2025
$112.18M
EPS, diluted, FY2025
$1.19
EPS growth, YoY
+32.2%
Cash
$155.47M
P/E
12.86
P/S
2.26
Market cap
$1.39B
Annual revenue$614.83M
FY2017FY2025
Annual net income$108.28M
FY2017FY2025
Annual free cash flow$112.18M
FY2017FY2025

OPRA revenue and earnings growth

OPRA revenueFY2025$614.83M

FY YoY
+27.9%
5Y CAGR
+30.1%

OPRA revenue was $614.83M for fiscal 2025 (ended Dec 31, 2025), up 27.9% from fiscal 2024. Compound annual growth was +30.1% over 5 years. It rose in 7 of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

OPRA net incomeFY2025$108.28M

FY YoY
+34.1%
5Y CAGR
-9.6%

OPRA net income was $108.28M for fiscal 2025 (ended Dec 31, 2025), up 34.1% from fiscal 2024. Compound annual growth was -9.6% over 5 years. It rose in 2 of the last 3 fiscal years.

OPRA EPSFY2025$1.19

FY YoY
+32.2%

OPRA diluted EPS was $1.19 for fiscal 2025 (ended Dec 31, 2025), up 32.2% from fiscal 2024.

OPRA free cash flowFY2025$112.18M

FY YoY
+37.4%
5Y CAGR
+4.3%

OPRA free cash flow was $112.18M for fiscal 2025 (ended Dec 31, 2025), up 37.4% from fiscal 2024. Compound annual growth was +4.3% over 5 years. It rose in 4 of the last 5 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Revenue$614.83M$480.65M$396.83M$331.04M$250.99M$165.06M$177.08M$161.33M$128.89M
Cost of revenue--$85.81M$46.65M$5.51M$700.0K$208.0K$20.01M$3.97M
Gross profit--$311.02M$284.39M$245.48M$164.36M$176.87M$141.32M$124.92M
Research and development$59.51M$54.38M$46.10M$43.71M$44.05M$38.74M$34.14M$26.42M$23.39M
Operating income$90.07M$92.26M$62.89M$41.81M-$6.21M-$2.45M-$536.0K$44.38M$10.24M
Interest expense$610.0K$586.0K$644.0K$282.0K$316.0K$447.0K$562.0K$182.0K$238.0K
Pre-tax income$125.22M$98.41M$160.00M$23.87M-$43.11M$37.51M$43.40M$40.70M$7.50M
Income tax$16.93M$17.64M$6.70M$8.84M$43.0K$75.0K$2.66M$6.48M$1.44M
Net income$108.28M$80.77M$153.30M$15.04M-$43.96M$179.17M$57.90M$35.16M$6.06M
EPS, basic$1.21$0.91$1.72$0.14-$0.76$0.26$0.17$0.03
EPS, diluted$1.19$0.90$1.69$0.14-$0.38$1.51$0.51$0.17$0.03
Diluted shares91.0M89.7M90.9M110.3M230.3M237.4M229.1M202.6M190.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Cash and equivalents$155.47M$126.80M$93.86M$52.41M$102.88M$134.17M$139.49M$177.87M$33.21M
Inventory------$7.75M--
Current assets$279.46M$231.90M$208.46M$340.21M$540.99M$183.71M$418.33M$238.09M$74.31M
Goodwill$430.32M$429.74M$429.86M$429.44M$430.38M$424.96M$421.58M$421.58M$421.58M
Total assets$1.14B$1.06B$1.01B$964.69M$1.09B$1.11B$1.06B$825.30M$636.30M
Current liabilities$118.77M$101.09M$81.41M$64.33M$70.79M$45.32M$128.57M$34.00M$36.85M
Short-term debt--$3.77M$3.11M$11.43M$5.39M$47.79M$2.49M$2.07M
Long-term debt--$6.78M$4.72M$2.08M$3.58M$9.18M$2.27M$4.03M
Total debt--$10.55M$7.83M$13.51M$8.97M$56.97M$4.76M$6.11M
Total liabilities$132.53M$115.48M$91.09M$76.47M$79.42M$60.72M$148.41M$49.84M$52.80M
Shareholders' equity$1.01B$940.10M$919.85M$888.21M$1.01B$1.05B$912.21M$775.46M$583.50M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Operating cash flow$117.73M$104.98M$82.76M$56.66M$26.56M$93.32M-$44.46M$33.83M$11.65M
Capital expenditures$5.55M$23.34M$1.87M$3.19M$1.06M$2.48M$8.87M$2.62M$3.52M
Free cash flow$112.18M$81.63M$80.89M$53.48M$25.50M$90.84M-$53.33M$31.21M$8.13M
Investing cash flow-$14.45M-$27.11M$20.00M$44.45M-$49.70M$2.96M-$106.99M-$47.25M-$3.31M
Financing cash flow-$76.55M-$42.15M-$59.84M-$150.58M-$6.68M-$100.97M$113.20M$158.95M-$10.03M
Dividends paid$71.17M$37.44M$23.11M$0$0----
Share repurchases$0$0$32.70M$146.07M$749.0K$49.05M$5.78M$4.88M-
Stock-based compensation-$8.63M$14.93M$9.07M$9.79M$4.52M$5.12M$6.44M$7.01M
Depreciation and amortization$18.86M$15.58M$13.16M$13.94M$19.60M$20.39M$18.93M$12.69M$16.60M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Revenue growth, YoY27.9%21.1%19.9%31.9%52.1%-6.8%9.8%25.2%-
Net income growth, YoY34.1%-47.3%919.6%--209.5%64.7%479.8%-
EPS growth, YoY32.2%-46.7%1107.1%--196.1%200.0%466.7%-
Gross margin--78.4%85.9%97.8%99.6%99.9%87.6%96.9%
Operating margin14.7%19.2%15.8%12.6%-2.5%-1.5%-0.3%27.5%7.9%
Net margin17.6%16.8%38.6%4.5%-17.5%108.6%32.7%21.8%4.7%
Free cash flow margin18.2%17.0%20.4%16.2%10.2%55.0%-30.1%19.3%6.3%
Return on equity10.7%8.6%16.7%1.7%-4.3%17.1%6.3%4.5%1.0%
Return on assets9.5%7.7%15.2%1.6%-4.0%16.1%5.5%4.3%1.0%
Current ratio2.352.292.565.297.644.053.257.002.02
Debt to equity--0.010.010.010.010.060.010.01

Source: XBRL data Opera Limited files with the SEC, latest filing dated Mar 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

OPRA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
OPRA$614.83M+27.9%$108.28M17.6%$1.39B
MSFT$346.44B+17.9%$142.63B41.2%$4.05T
PLTR$7.29B+87.1%$3.67B50.3%$407.69B
ORCL$71.78B+21.6%$18.92B26.4%$362.21B
SAP€36.80B+7.7%€7.16B19.5%$291.67B
CRWD$5.40B+24.3%$58.46M1.1%$234.05B
SHOP$14.17B+32.5%$2.13B15.0%$195.63B
CRM$43.94B+11.2%$9.66B22.0%$176.90B
NOW$15.43B+21.8%$1.45B9.4%$106.66B

OPRA FAQ

8 questions
  • What is OPRA revenue?
    Opera Limited (OPRA) reported $614.83M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 27.9% from the year before.
  • Is OPRA profitable?
    Yes. Opera Limited earned $108.28M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 17.6%.
  • How much cash and debt does OPRA have?
    Opera Limited reported $155.47M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is OPRA revenue growing?
    Opera Limited's revenue changed +27.9% in fiscal 2025, to $614.83M. Its compound annual growth rate was +30.1% over 5 years.
  • What is OPRA free cash flow?
    Opera Limited generated $112.18M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $117.73M less capital expenditures.
  • What is OPRA earnings per share?
    Diluted earnings per share were $1.19 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did OPRA last report financial results?
    The latest statements here come from Opera Limited's 20-F filed on Mar 27, 2026, covering the period ended Dec 31, 2025.
  • Where does this OPRA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Opera Limited files with the SEC. It is provided for information only and is not investment advice.