Opera Limited Q1 2026 Results

Opera Limited reported its Q1 2026 financial results, with revenue increasing 23% year-over-year to $175.8 million and Adjusted EBITDA growing 30% to $42.0 million, both exceeding guidance. Advertising revenue rose 24% to $117.0 million, and query revenue increased 23% to $58.3 million. The company announced raised full-year guidance for revenue to $727-$740 million (18-20% growth) and Adjusted EBITDA to $170-$174 million. Opera highlighted strong user growth, with 288 million average monthly active users, and significant progress in its AI initiatives and MiniPay service. Net cash flow from operating activities was $42.1 million, and free cash flow from operations was $35.5 million. The company also continued its share repurchase program and paid a dividend.