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Side-by-side financial comparison of Opera Ltd (OPRA) and OCTAVE SPECIALTY GROUP INC (OSG). Click either name above to swap in a different company.

Opera Ltd is the larger business by last-quarter revenue ($142.7M vs $104.2M, roughly 1.4× OCTAVE SPECIALTY GROUP INC). Opera Ltd runs the higher net margin — 12.8% vs -6.6%, a 19.4% gap on every dollar of revenue.

Opera is a multinational technology corporation headquartered in Oslo, Norway, with additional offices in Europe, China, and Africa. Opera offers a range of products and services that include PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 296 million monthly active users.

Octave Specialty Group Inc. is a specialty insurance holding company that provides tailored property and casualty insurance products. Its core business focuses on excess and surplus lines, catering to commercial and individual clients across primary North American markets with customized risk coverage solutions.

OPRA vs OSG — Head-to-Head

Bigger by revenue
OPRA
OPRA
1.4× larger
OPRA
$142.7M
$104.2M
OSG
Higher net margin
OPRA
OPRA
19.4% more per $
OPRA
12.8%
-6.6%
OSG

Income Statement — Q1 FY2025 vs Q1 FY2026

Metric
OPRA
OPRA
OSG
OSG
Revenue
$142.7M
$104.2M
Net Profit
$18.3M
$-6.9M
Gross Margin
Operating Margin
14.8%
Net Margin
12.8%
-6.6%
Revenue YoY
66.0%
Net Profit YoY
EPS (diluted)
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPRA
OPRA
OSG
OSG
Q1 26
$104.2M
Q4 25
$66.9M
Q3 25
$66.6M
Q2 25
$55.0M
Q1 25
$142.7M
$62.8M
Q4 24
$65.2M
Q3 24
$70.0M
Q2 24
$211.6M
$51.0M
Net Profit
OPRA
OPRA
OSG
OSG
Q1 26
$-6.9M
Q4 25
$-29.7M
Q3 25
$-112.6M
Q2 25
$-72.7M
Q1 25
$18.3M
$-44.7M
Q4 24
$-20.9M
Q3 24
$-27.5M
Q2 24
$34.1M
$-750.0K
Operating Margin
OPRA
OPRA
OSG
OSG
Q1 26
Q4 25
-76.7%
Q3 25
-48.2%
Q2 25
-41.8%
Q1 25
14.8%
-24.1%
Q4 24
-55.5%
Q3 24
-29.7%
Q2 24
19.6%
-28.9%
Net Margin
OPRA
OPRA
OSG
OSG
Q1 26
-6.6%
Q4 25
-73.8%
Q3 25
-169.1%
Q2 25
-132.3%
Q1 25
12.8%
-71.3%
Q4 24
-55.1%
Q3 24
-39.3%
Q2 24
16.1%
-1.5%
EPS (diluted)
OPRA
OPRA
OSG
OSG
Q1 26
$-0.13
Q4 25
$-0.82
Q3 25
$-2.35
Q2 25
$-1.54
Q1 25
$-1.22
Q4 24
$-11.75
Q3 24
$-0.63
Q2 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPRA
OPRA
OSG
OSG
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$117.1M
Stockholders' EquityBook value
$833.6M
Total Assets
$2.3B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPRA
OPRA
OSG
OSG
Q1 26
Q4 25
$146.4M
Q3 25
$27.5M
Q2 25
$22.5M
Q1 25
$34.1M
Q4 24
$157.2M
Q3 24
$40.8M
Q2 24
$14.6M
Total Debt
OPRA
OPRA
OSG
OSG
Q1 26
$117.1M
Q4 25
$117.6M
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$518.0M
Q2 24
$515.0M
Stockholders' Equity
OPRA
OPRA
OSG
OSG
Q1 26
$833.6M
Q4 25
$715.8M
Q3 25
$843.4M
Q2 25
$859.8M
Q1 25
$852.2M
Q4 24
$798.4M
Q3 24
$1.5B
Q2 24
$1.4B
Total Assets
OPRA
OPRA
OSG
OSG
Q1 26
$2.3B
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$8.5B
Q1 25
$8.3B
Q4 24
$8.1B
Q3 24
$9.3B
Q2 24
$8.2B
Debt / Equity
OPRA
OPRA
OSG
OSG
Q1 26
0.14×
Q4 25
0.16×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.35×
Q2 24
0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPRA
OPRA

Segment breakdown not available.

OSG
OSG

Commissions$68.2M65%
Other$20.6M20%
Servicing and other fees$9.4M9%
Program fees$3.6M3%
Investment income$2.4M2%

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