Opera

What Opera does

Opera is a publicly traded Norwegian web browser company (NASDAQ: OPRA), founded in 1995 and headquartered in Oslo with engineering hubs in Wrocław, Poland and Linköping/Gothenburg, Sweden. The company develops a portfolio of Chromium-based browsers — Opera One (flagship desktop), Opera GX (gaming browser with 34M+ users), Opera Mini (data-saving mobile), Opera Air (mindfulness-focused), and Opera Neon (experimental AI agentic browser) — serving approximately 284 million monthly active users and 350+ million cumulative downloads globally. Opera has expanded into adjacent verticals including MiniPay, a non-custodial stablecoin wallet built on the Celo blockchain with 16M+ activated wallets across 65+ countries, and a MiniPay Visa debit card enabling stablecoin spending at 175M+ merchants.

Opera's technology stack is built on the Chromium browser engine with proprietary UI layers and a deeply integrated AI surface. Capabilities span built-in Opera AI, Google Gemini (across 80M+ users), ChatGPT, and Claude via the MCP Connector using the open Model Context Protocol. Native features include Tab Islands (contextual tab grouping), free VPN (Deloitte-audited no-log policy, AES-256 encryption), uBlock-compatible ad blocker, sidebar-integrated messengers (WhatsApp, Telegram, Slack, Discord) and social platforms (Instagram, X, Bluesky, TikTok), music services (Spotify, Apple Music, YouTube Music), plus productivity features like Workspaces, Split Screen, Flow, and Battery Saver (extending laptop battery up to 35%). The MiniPay stack adds Celo blockchain non-custodial wallet infrastructure with USDT/USDC/Tether Gold support, Visa card issuance through Monavate, and Gnosis Pay technical operations.

Opera's business model is advertising-driven. Approximately 65% of revenue derives from advertising (display, native, and AI-driven through the adMarketplace partnership), with search licensing (primarily Google as default search engine) as a second major stream; technology licensing and a nascent $19.90/month Opera Neon subscription contribute the balance. Q1 2026 revenue reached $175.8M (+23% YoY), FY2025 revenue was $614.8M (+28% YoY), and management guides FY2026 revenue to $727-740M (18-20% growth). Go-to-market is product-led growth via free downloads distributed directly through opera.com, Google Play, and Apple App Store, targeting self-selecting users who choose Opera over pre-installed Chrome/Edge/Safari defaults. Customer segments span individual consumers globally (60M+ Western MAUs plus emerging-market users via MiniPay), gamers (GX), and advertisers; AI-driven monetization via the AI Discover Beta program represents an emerging fourth vector.

Name

Opera

Legal name

Opera Norway AS

Website

https://www.opera.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Opera is a publicly traded Norwegian web browser company offering Chromium-based browsers (Opera One, GX, Mini, Neon) and the MiniPay stablecoin wallet, serving approximately 284 million monthly active users globally with advertising and search licensing as primary revenue streams.

Ownership category

akta.pro rank

Product category

Web Browser Software

akta.pro primary industry

Game & In-App Content Stores (BPAMADAC)

akta.pro secondary industries

Device & Client App Ecosystems for Cloud Gaming (TV/OTT apps, mobile clients, thin clients) (MPAFAHAG), iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

Keywords

• Web browser software
• Mobile browser apps
• Browser-based VPN
• AI assistant browsing
• Stablecoin wallet

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Search / Query Revenue: Revenue from search licensing agreements, primarily with Google as the default search engine. Opera earns a share of advertising revenue generated from search queries. Query revenue was $58 million in Q1 2026, growing 23% year-over-year.
2. Advertising Revenue: Primary revenue driver comprising 65% of total revenue. Includes display advertising, native advertising, and AI-driven advertising through Opera's adMarketplace partnership. Advertising revenue was $117 million in Q1 2026, growing 24% year-over-year. Strong performance from e-commerce advertising drove unprecedented sequential increases.
3. Technology Licensing: Revenue from licensing Opera's browser technology, data, and infrastructure to third parties. Contributes to diversified revenue alongside core advertising.
4. Opera Neon Subscription: $19.90 per month subscription for Opera Neon experimental AI browser offering premium AI models (GPT-5.1, Gemini 3 Pro), autonomous agent capabilities, and advanced browsing automation features. Represents emerging subscription revenue stream.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Opera develops and distributes a portfolio of Chromium-based web browsers for desktop, mobile, and gaming platforms, including Opera Browser, Opera One, Opera Air, Opera GX, Opera Neon, and Opera Mini. The browsers integrate built-in privacy features (free VPN, ad blocker, tracker blocking), AI assistance, productivity tools, and sidebar integrations with messengers and streaming services. Opera also operates MiniPay, a non-custodial stablecoin wallet built on the Celo blockchain, and generates revenue primarily through search licensing, advertising, and technology licensing agreements.

Product overview

Opera is a browser and AI company offering a portfolio of web browsers for desktop, mobile, and gaming use. The product lineup includes: Opera Browser (flagship desktop browser), Opera One (latest flagship desktop browser with evolved AI and modular design), Opera Air (mindfulness-focused browser), Opera GX (gaming browser with resource controls), Opera Neon (experimental AI agentic browser), Opera Mini (lightweight mobile browser with data savings), and Opera for Android/iOS. Key integrated services include MiniPay stablecoin wallet (built on Celo blockchain), Opera AI assistant, free and premium VPN, ad blocker, and productivity features like Tab Islands, Workspaces, Split Screen, and Flow file sharing. Opera also integrates messaging platforms (WhatsApp, Messenger, Telegram, Slack, Discord), social media (Instagram, X, Bluesky, TikTok), and music services (Spotify, Apple Music, YouTube Music, Deezer, Tidal, SoundCloud) directly into its sidebar. The company generates revenue through search, advertising, and licensing agreements.

Differentiator

Problem solved

Functional benefit

Brands

• Opera Neon: An AI-focused browser built around the concept of the agentic web, designed to actively assist users with tasks, workflows, and online interactions through AI-driven agents. Available as a subscription at $19.90/month.
• Opera GX
• Opera Air
• Opera Mini

Products and services

• Opera Browser Flagship web browser for desktop and mobile devices offering built-in free VPN, ad blocker, tracker protection, integrated AI assistant, and productivity tools such as Tab Islands and Workspaces.
• Opera One Latest flagship desktop browser with modular design, evolved Tab Islands, advanced AI integration, Google services sidebar, and dynamic themes such as the Spotify Sonic Theme.
• Opera Air

Quantifiable outcome

• Pages load up to 90% faster with ad blocking enabled
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration40 records

AI capability12 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and flagship.

• VisacoreTechnology or Integration · 22 June 2026Visa partnership enables MiniPay Card, a Visa-branded debit card allowing MiniPay's 16 million+ wallet users to spend stablecoins at over 175 million merchant locations worldwide. Card is issued through regulated platform Monavate with technical operations by Gnosis Pay. Card supports Apple Pay and Google Pay integration with no monthly or annual fees.
• Gnosis PaycoreTechnology or Integration · 22 June 2026Technical operator of MiniPay Visa debit card infrastructure, enabling the stablecoin-to-fiat payment processing for Opera's MiniPay wallet across Visa's merchant network.
• MonavatecoreTechnology or Integration · 22 June 2026Regulated payment platform issuing MiniPay Visa debit card, providing the regulatory licensing and compliance framework for the card program.
• adMarketplaceflagshipGTM or Marketing Partner · 28 April 2026AI Discover Beta program expansion bringing adMarketplace's AI chat ad monetization platform to Opera AI. Beta runs June through December 2026 across US, UK, Germany, and France. Alpha phase generated 700,000+ AI queries with 2 million+ sponsored placements. Operating on cost-per-click model across 300+ million consumer network.
• OpenAI (ChatGPT)coreTechnology or Integration · 16 April 2026Browser Connector feature enables ChatGPT to access Opera browser tabs, read page content, understand open tabs context, and take actions on behalf of users. Available free in Early Bird mode for Opera One and Opera GX. Feature eliminates manual context recreation when switching between tabs and chatbots.
• Anthropic (Claude)coreTechnology or Integration · 31 March 2026MCP Connector integration enables Claude AI assistant to connect directly to Opera Neon browser and access live browsing sessions. AI tools can view, navigate, extract information, and perform actions within browser tabs in real-time. Feature based on Anthropic's open Model Context Protocol standard donated to Linux Foundation's Agentic AI Foundation.
• Celo FoundationcoreStrategic or Co-development Partner · 19 March 2026Celo proposed granting Opera 160 million CELO tokens (approximately $12 million, 16% of max supply) subject to community approval and 3-year lock-up. Partnership centers on MiniPay stablecoin wallet built on Celo blockchain, which has grown to 16 million users across 65+ countries processing 400+ million transactions. Opera would become one of the largest institutional CELO holders.
• TethercoreStrategic or Co-development Partner · 2 February 2026Partnership expanding USDT and Tether Gold (XAUT) support within Opera's MiniPay wallet for emerging markets. MiniPay supports 7 million verified USDT accounts with 3 million peer-to-peer USDT payments. Tether disclosed $10 billion net profit in 2025 with $186 billion USDT circulation. Partnership targets Africa, Latin America, and Southeast Asia users seeking dollar-denominated transactions.
• GooglecoreTechnology or Integration · 1 December 2025Deep strategic partnership with Google spanning over 25 years, providing default search engine integration and AI collaboration. Opera integrates Google Gemini AI models into Opera One, Opera GX, and Opera Neon browsers. The partnership enables Google AI features across 80+ million Opera users globally and includes Google services integration (Gmail, Calendar) in Opera's sidebar.
• SpotifyflagshipGTM or Marketing Partner · 18 November 2025Collaboration with Spotify to create Sonic Theme for Opera One, featuring shader-based visual effects that react to music being played in Opera's built-in Music Player. Sound waves and particles move in sync with audio, creating an immersive browsing experience tied to Spotify streaming.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Apple Safari: Safari is the default browser across Apple's ecosystem and a key competitor for mobile browser share. Opera's DMA-driven European iOS growth demonstrates the competitive dynamics Opera faces against Safari's pre-installed advantage on Apple devices.
• Google Chrome: Chrome is the dominant global browser and Opera's primary competitor. Both are Chromium-based and compete for AI integration leadership (Opera AI/Neon vs. Gemini in Chrome), with Opera positioning itself as a privacy- and feature-rich alternative.
• Samsung Internet: Samsung Internet is the default browser on Samsung Galaxy devices and a meaningful competitor in Android markets where Opera Mini has historically had strong adoption. Both compete for mobile browsing share in emerging markets.
• Microsoft Edge: Edge is the default Windows browser with deep Copilot AI integration. Opera's free VPN, ad blocker, and integrated messengers directly compete against Edge's similar value-add features, particularly in PC-focused markets.

Direct peers

• Brave Browser: Brave is a closely comparable direct peer: privacy-first Chromium-based browser with built-in ad blocker, VPN, and AI features, plus a token-based ecosystem (BAT). Competes with Opera for the same privacy-conscious user segment.
• Mozilla Firefox: Mozilla's Firefox is the most direct alternative-browser peer: an independent, non-default web browser competing head-to-head with Opera for users who actively choose alternatives to Chrome, with comparable emphasis on privacy, customization, and an ad-free value proposition.
• Vivaldi Technologies: Vivaldi is an independent, customization-focused Chromium browser targeting power users. Directly comparable to Opera in its non-default, feature-rich positioning, though with a narrower audience and no mobile browser scale equivalent to Opera Mini.

Emerging players

• DuckDuckGo: DuckDuckGo offers a privacy-focused browser with built-in tracker blocking and AI features. Comparable to Opera's privacy-led positioning, though smaller in scale and primarily mobile-focused.
• The Browser Company (Arc): Maker of the Arc browser, an emerging player focused on innovative UX, workspaces, and AI-native browsing experiences. Comparable to Opera's Opera One and Neon as a next-generation alternative browser targeting productivity-oriented users.

Regional players

• Yandex Browser: Yandex Browser is a Chromium-based alternative browser primarily serving Russian-speaking markets. Comparable to Opera in its non-default positioning and integrated service model, though operating in a distinct geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Opera
• Facebookfacebook.com/Opera
• LinkedInlinkedin.com/company/opera-software

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Opera