Opera Limited (OPRA) Q1 2026 Earnings Call Transcript
Opera Limited reported its first-quarter 2026 financial results, highlighting revenue growth driven by increased user engagement and expansion in AI-powered services. CEO Song Lin emphasized progress in product innovation and market expansion, particularly in Africa and Europe. CFO Frode Jacobsen noted improved profitability and cash flow, citing cost discipline and operational efficiency. The company maintained a strong balance sheet and provided an updated outlook for the remainder of the year.
- ▪Opera Limited reported Q1 2026 revenue of $108 million, a 12% year-over-year increase.
- ▪Adjusted EBITDA reached $24 million, up from $18 million in the same period last year.
- ▪Monthly active users grew to 380 million, driven by growth in Africa and Europe.
- ▪The company launched new AI features in its browser and fintech platforms during the quarter.
- ▪Opera maintained a cash and cash equivalents balance of $410 million as of March 31, 2026.
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