Summary:
1. OVHcloud is on track to exceed €1 billion in revenue for fiscal year 2025 with strong organic growth.
2. The company’s third quarter results were driven by international demand, expanding public cloud adoption, and interest in sovereign cloud solutions.
3. OVHcloud is expanding its product offerings, focusing on Private Cloud, Public Cloud, and new cloud solutions to meet market demands.
Article:
OVHcloud, the French cloud service provider, is set to surpass €1 billion in revenue for fiscal year 2025, thanks to a robust third quarter performance marked by 9.3% organic growth. The company’s success can be attributed to increasing international demand, a rise in public cloud adoption, and a growing interest in sovereign cloud solutions.
In the quarter ending May 31, 2025, OVHcloud reported revenue of €271.9 million, driven by strong performance in its Public Cloud offering and heightened demand from the United States and Asia-Pacific markets. CEO Benjamin Revcolevschi noted that the company’s strategy of restructuring core offerings such as Bare Metal Cloud and Hosted Private Cloud has not only improved client retention but also attracted new customers.
The company continues to innovate and expand its product segments. Private Cloud remains a significant part of OVHcloud’s business, accounting for 62.3% of Q3 revenue, with a notable increase in new customers in Bare Metal Cloud. Despite challenges faced by Hosted Private Cloud due to rising license costs, OVHcloud introduced more competitively priced solutions to regain momentum.
OVHcloud’s revenue from Public Cloud grew by 17.2% in the third quarter, with new offerings in AI and data analytics driving customer acquisition. The company also saw growth in Web Cloud and Other revenue, with initiatives to enhance web presence services. Geographically, OVHcloud’s largest market is France, followed by other European markets and the Rest of the World segment.
Looking ahead, OVHcloud is expanding its European footprint with the launch of new cloud solutions, including the Data Platform and AI Endpoints. The company is also set to open its first Italian data center in Milan by the end of 2025, offering secure public cloud infrastructure to enhance digital sovereignty for European clients.
With strong financial performance, product innovation, and a focus on European-aligned cloud services, OVHcloud is establishing itself as a viable alternative to hyperscale providers, particularly for enterprises prioritizing compliance, sovereignty, and operational control.
