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Last updated : 06/11/2026 - 17h22
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OVHcloud Achieves a Revenue of 1 Billion Euros in 2025

According to OVHcloud's press release, the company has surpassed the one billion euro revenue mark for the fiscal year 2025, with an adjusted EBITDA margin exceeding 40%.


OVHcloud Achieves a Revenue of 1 Billion Euros in 2025

Financial Performance in 2025

OVHcloud reported a revenue of 1,084.6 million euros for the fiscal year 2025, an increase of 9.3% compared to the previous year on a like-for-like basis. The adjusted EBITDA margin reached 40.4%, amounting to 437.8 million euros, marking an increase of 2.0 percentage points from 2024. The net result turned positive at 0.4 million euros compared to a loss of 10.3 million euros the previous year. The Unlevered Free Cash Flow more than doubled to 57.6 million euros.

Leadership and Strategic Initiatives

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OVHcloud appointed Octave Klaba as the CEO to align the company's vision, strategy, and execution. Among strategic initiatives, the company launched several cloud products, strengthened its position in the United States with over 100 million euros in revenue from the region, and enhanced its professional services offerings.

Market Context and Future Outlook

OVHcloud operates in an environment characterized by increased demand for cloud services and a changing geopolitical climate. For the fiscal year 2026, the company targets an organic revenue growth between 5 and 7%, an adjusted EBITDA margin higher than that of 2025, and a positive Levered Free Cash Flow. The company will continue its efforts to optimize capital intensity and improve the profitability of capital employed.



Sector Logiciels et services numériques › Infrastructures IT / Cloud


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Context

Period
  • Period: FY2026
Key reported figures
  • Revenue: 1 145 millions d'euros
  • Revenue growth: 5,6 %
  • EBITDA: 480,5 millions d'euros
  • EBITDA margin: 42 %
  • Net income: 9,4 millions d'euros
  • Free cash flow: 24,7 millions d'euros
  • 1 157 millions d'euros
Guidance from the release
  • Objectifs FY2027 – Accélérer la croissance et la création de valeur
Risks mentioned
  • Pression sur les prix des composants (RAM et disques) nécessitant des ajustements tarifaires
  • Concurrence accrue sur le marché du Cloud avec nécessité d'accélérer la montée en puissance des régions 3-AZ
  • Risque de visibilité limitée sur la croissance du T1 2027 malgré les objectifs annoncés pour FY2027
Opportunities identified
  • Redéploiement de la stratégie IA avec lancement d'OVHai Workspace et montée en puissance prévue en 2027
  • Accélération du Cloud Public avec région 3-AZ de Paris en forte traction (croissance de 20-24% au T4)
  • Montée en puissance de la nouvelle organisation commerciale par segments (Digital Starters, Digital Scalers, Corporates) attendue en 2027

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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