Opera (OPRA) FCF Margin (2016 - 2026)

Opera (OPRA) posted FCF Margin of 25.38% for Q1 2026, up 8.25% sequentially from 23.45% in Q4 2025, and up 1379.0% YoY from 1.72% in Q1 2025.

Analysis

Opera (OPRA) FCF Margin (2016 - 2026) Analysis & Trends

Opera has reported FCF Margin for 10 years, with the latest figure at 25.38% in Q1 2026.

Quarterly FCF Margin rose 1379.0% year-over-year to 25.38% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.36% (up 541.0% YoY) and the FY2025 annual result came in at 18.25%, up 126.0% from the prior year.
FCF Margin improved to 25.38% in Q1 2026 per OPRA's latest filing, from 23.45% in the prior quarter.
Over five years, FCF Margin peaked at 29919.24% in Q1 2023 and troughed at 0.0% in Q2 2023.
A 5-year average of 4804.92% and a median of 23.44% in 2025 frame the typical range for FCF Margin.
The sharpest annual moves came in 2023 and 2024: FCF Margin surged 2990027 bps in 2023, then plunged 2986893 bps in 2024.
Over 5 years, FCF Margin stood at 24899.24% in 2022, then sank by 100 bps to 22.9% in 2023, then sank by 35 bps to 14.86% in 2024, then surged by 58 bps to 23.45% in 2025, then increased by 8 bps to 25.38% in 2026.
According to Business Quant data, FCF Margin over the past three periods registered 25.38%, 23.45%, and 20.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Margin (Qtr)
1	Alphabet	4,083.83 Bn	3,654.79 Bn	73.85 Bn	-4.89%
2	Meta Platforms	1,456.07 Bn	1,365.81 Bn	49.47 Bn	2.87%
3	Spotify Technology	111.71 Bn	104.79 Bn	1.86 Bn	17.50%
4	Nebius	50.03 Bn	40.93 Bn	448.70 Mn	1,357.29%
5	Reddit	28.44 Bn	25.65 Bn	734.60 Mn	32.39%
6	Bilibili	13.59 Bn	11.45 Bn	433.97 Mn	-
7	Tencent Music Entertainment	12.71 Bn	9.21 Bn	582.00 Mn	-
8	Pinterest	12.21 Bn	10.93 Bn	922.30 Mn	22.88%
9	Match	9.45 Bn	8.86 Bn	648.84 Mn	41.32%
10	Opera	1.72 Bn	1.58 Bn	15,000.00	12.46%

Historic Data

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