Opera's Q3 revenue climbs 20% on desktop user growth
Norway's Opera reports preliminary Q3 revenue up 20% year on year, reaching the top end of its guidance, Reuters reports, citing company and LSEG data.
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what happened
Norway's Opera, a company that develops a browser and AI agent services, preliminarily reported that third-quarter revenue rose 20% year on year and reached the top end of its guidance. Adjusted EBITDA came in at $43.2 million with a 24% margin, exceeding the high end of the company's own range, according to Reuters.
The desktop user base reached 100 million MAUs in October, up 16% from a year earlier. The chief financial officer said advertising revenue grew 22% and query revenue rose 17%. In its press release, Opera did not give specific guidance for the fourth quarter or the full year.
why it matters
For investors, the key signal is that revenue and EBITDA came in above expectations, with growth driven by advertising and search. The absence of guidance for the fourth quarter and the full year leaves the market with less data to judge the next stage of growth. The report is based on LSEG and company data.
market impact
Opera shares: revenue above guidance supports the stock
- Opera shares pressure up — revenue and EBITDA exceeded the high end of company guidance
tags
instruments
sources
- Norway's Opera Q3 revenue rises on desktop user growth — Reuters, 3 November 2026 at 13:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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