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Side-by-side financial comparison of Opera Ltd (OPRA) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

Thryv Holdings, Inc. is the larger business by last-quarter revenue ($191.6M vs $142.7M, roughly 1.3× Opera Ltd). Opera Ltd runs the higher net margin — 12.8% vs -5.0%, a 17.9% 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.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

OPRA vs THRY — Head-to-Head

Bigger by revenue
THRY
THRY
1.3× larger
THRY
$191.6M
$142.7M
OPRA
Higher net margin
OPRA
OPRA
17.9% more per $
OPRA
12.8%
-5.0%
THRY

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
OPRA
OPRA
THRY
THRY
Revenue
$142.7M
$191.6M
Net Profit
$18.3M
$-9.7M
Gross Margin
68.0%
Operating Margin
14.8%
5.3%
Net Margin
12.8%
-5.0%
Revenue YoY
2.7%
Net Profit YoY
-222.5%
EPS (diluted)
$-0.21

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
THRY
THRY
Q4 25
$191.6M
Q3 25
$201.6M
Q2 25
$210.5M
Q1 25
$142.7M
$181.4M
Q4 24
$186.6M
Q3 24
$179.9M
Q2 24
$211.6M
$224.1M
Q1 24
$233.6M
Net Profit
OPRA
OPRA
THRY
THRY
Q4 25
$-9.7M
Q3 25
$5.7M
Q2 25
$13.9M
Q1 25
$18.3M
$-9.6M
Q4 24
$7.9M
Q3 24
$-96.1M
Q2 24
$34.1M
$5.5M
Q1 24
$8.4M
Gross Margin
OPRA
OPRA
THRY
THRY
Q4 25
68.0%
Q3 25
67.7%
Q2 25
69.7%
Q1 25
65.8%
Q4 24
65.9%
Q3 24
62.3%
Q2 24
66.3%
Q1 24
65.8%
Operating Margin
OPRA
OPRA
THRY
THRY
Q4 25
5.3%
Q3 25
9.9%
Q2 25
14.0%
Q1 25
14.8%
-1.7%
Q4 24
-3.9%
Q3 24
-49.2%
Q2 24
19.6%
14.0%
Q1 24
13.3%
Net Margin
OPRA
OPRA
THRY
THRY
Q4 25
-5.0%
Q3 25
2.8%
Q2 25
6.6%
Q1 25
12.8%
-5.3%
Q4 24
4.2%
Q3 24
-53.4%
Q2 24
16.1%
2.5%
Q1 24
3.6%
EPS (diluted)
OPRA
OPRA
THRY
THRY
Q4 25
$-0.21
Q3 25
$0.13
Q2 25
$0.31
Q1 25
$-0.22
Q4 24
$0.28
Q3 24
$-2.65
Q2 24
$0.15
Q1 24
$0.22

Balance Sheet & Financial Strength

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

Metric
OPRA
OPRA
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$10.8M
Total DebtLower is stronger
$253.5M
Stockholders' EquityBook value
$218.1M
Total Assets
$688.6M
Debt / EquityLower = less leverage
1.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPRA
OPRA
THRY
THRY
Q4 25
$10.8M
Q3 25
$11.6M
Q2 25
$10.8M
Q1 25
$11.0M
Q4 24
$16.3M
Q3 24
$12.5M
Q2 24
$15.5M
Q1 24
$14.4M
Total Debt
OPRA
OPRA
THRY
THRY
Q4 25
$253.5M
Q3 25
$268.2M
Q2 25
$275.6M
Q1 25
$299.0M
Q4 24
$284.3M
Q3 24
$307.8M
Q2 24
$342.1M
Q1 24
$347.6M
Stockholders' Equity
OPRA
OPRA
THRY
THRY
Q4 25
$218.1M
Q3 25
$221.1M
Q2 25
$214.9M
Q1 25
$193.2M
Q4 24
$196.9M
Q3 24
$94.5M
Q2 24
$183.1M
Q1 24
$167.1M
Total Assets
OPRA
OPRA
THRY
THRY
Q4 25
$688.6M
Q3 25
$701.8M
Q2 25
$687.7M
Q1 25
$703.7M
Q4 24
$712.2M
Q3 24
$654.8M
Q2 24
$785.5M
Q1 24
$786.8M
Debt / Equity
OPRA
OPRA
THRY
THRY
Q4 25
1.16×
Q3 25
1.21×
Q2 25
1.28×
Q1 25
1.55×
Q4 24
1.44×
Q3 24
3.26×
Q2 24
1.87×
Q1 24
2.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPRA
OPRA
THRY
THRY
Operating Cash FlowLast quarter
$22.2M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$31.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPRA
OPRA
THRY
THRY
Q4 25
$22.2M
Q3 25
$22.2M
Q2 25
$29.6M
Q1 25
$-10.5M
Q4 24
$26.1M
Q3 24
$36.0M
Q2 24
$22.2M
Q1 24
$5.4M
Free Cash Flow
OPRA
OPRA
THRY
THRY
Q4 25
$12.3M
Q3 25
$14.6M
Q2 25
$21.8M
Q1 25
$-17.6M
Q4 24
$17.3M
Q3 24
$27.5M
Q2 24
$13.3M
Q1 24
$-1.8M
FCF Margin
OPRA
OPRA
THRY
THRY
Q4 25
6.4%
Q3 25
7.2%
Q2 25
10.4%
Q1 25
-9.7%
Q4 24
9.3%
Q3 24
15.3%
Q2 24
5.9%
Q1 24
-0.8%
Capex Intensity
OPRA
OPRA
THRY
THRY
Q4 25
5.2%
Q3 25
3.8%
Q2 25
3.7%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
4.7%
Q2 24
4.0%
Q1 24
3.1%
Cash Conversion
OPRA
OPRA
THRY
THRY
Q4 25
Q3 25
3.93×
Q2 25
2.12×
Q1 25
Q4 24
3.32×
Q3 24
Q2 24
4.01×
Q1 24
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OPRA
OPRA

Segment breakdown not available.

THRY
THRY

Software As A Service$119.0M62%
Print$56.2M29%
Digital$16.4M9%

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