Opera (OPRA) Goldman Sachs Communacopia + Technology Conference 2026 summary

Business overview and growth strategy

• Focuses on delivering a feature-rich, independent browser tailored to demanding users, driving high ARPU potential.

• Revenue is generated through partner traffic, search queries, and advertising, with a 21% CAGR over the past decade and a goal to reach $1 billion in revenue soon.

• Scale enables more meaningful partnerships and opens new monetization opportunities.

• Western market growth accelerated due to iOS allowing default browser changes, increasing high-ARPU user base.

AI integration and product innovation

• AI is deeply integrated at the browser level, aiming to be the best orchestration layer for any AI tool users prefer.

• Early adoption of AI assistants and support for local LLMs, focusing on partnerships rather than competing with AI platforms.

• Neon serves as an R&D product for agentic browser experiences, with learnings transferred to free products.

• Emphasizes interoperability, supporting plugins and connections to maximize native AI utility.

Vertical expansion and monetization

• E-commerce advertising revenue grew 6x in 2.5 years, with significant headroom for further growth.

• Travel and other verticals are emerging opportunities, with browser-based research and booking as key use cases.

• MiniPay, a blockchain stablecoin wallet for emerging markets, is profitable and positioned for future transaction-based monetization.