Opera Ltd income statement
In fiscal 2025, Opera Ltd reported revenue of $615m, up 27.9% on the year before, operating income of $90.1m (a 14.7% margin) and net income of $108m, or $1.19 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 129 | 161 | 177 | 165 | 251 | 331 | 397 | 481 | 615 |
| Cost of revenue | 4 | 20 | 0 | 1 | 6 | 47 | 86 | — | — |
| Gross profit | 125 | 141 | 177 | 164 | 245 | 284 | 311 | — | — |
| Research and development | 23 | 26 | 34 | 39 | 44 | 44 | 46 | 54 | 60 |
| Operating income | 10 | 44 | −1 | −2 | −6 | 42 | 63 | 92 | 90 |
| Interest expense | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| Income before tax | 8 | 41 | 43 | 38 | −43 | 24 | 160 | 98 | 125 |
| Income tax | 1 | 6 | 3 | 0 | 0 | 9 | 7 | 18 | 17 |
| Net income | 6 | 35 | 58 | 179 | −44 | 15 | 153 | 81 | 108 |
| Diluted EPS | $0.06 | $0.34 | $1.02 | $3.02 | −$0.76 | $0.14 | $1.69 | $0.90 | $1.19 |
| Diluted shares (average) | 95m | 101m | 115m | 119m | 115m | 110m | 91m | 90m | 91m |
| EBITDA | 27 | 57 | 18 | 18 | 13 | 56 | 76 | 108 | 109 |
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