Opera Ltd has announced a historic milestone in its user base and strong financial results for the third quarter of 2026. The company reported reaching 100 million monthly active users (MAUs) in October, a significant increase from 94 million in the previous quarter and a 16% growth compared to October 2025. This achievement reflects the effectiveness of Opera's innovative product releases and strategic positioning in the competitive browser market.
In its latest filing, Opera revealed that its revenue for Q3 2026 was $182.8 million, which represents a 20% increase year-over-year and aligns with the top end of its previously issued guidance of $181 to $183 million. The company's adjusted EBITDA for the quarter was $43.2 million, yielding a 24% margin and exceeding its earlier guidance of $41 to $43 million.
According to CEO Song Lin, "As a leading browser company, we are in an increasingly strategic position as new AI tools and workstreams are adopted by users. We are focused on making AI widely accessible through local browser capabilities and native integrations with users' preferred tools, and we have an exciting roadmap ahead." This statement highlights Opera's commitment to leveraging AI technology to enhance user experience and engagement.
Frode Jacobsen, CFO, noted that the strong results were fueled by a 17% increase in query revenue and a 22% rise in advertising revenue year-over-year. He expressed confidence in the company's ability to navigate the evolving digital advertising landscape.
Opera plans to release its full Q3 financial results on November 17, 2026, before the market opens, followed by a conference call at 8:00 a.m. Eastern Time to discuss the results in detail.
Opera Ltd, incorporated in Norway and listed on the Nasdaq under the ticker OPRA, specializes in prepackaged software, focusing on providing innovative and user-friendly browsing experiences. The company continues to expand its footprint in the software industry, competing against other major players.
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