OVHcloud Revenue Climbs as International Demand Defies Price Hikes

The company’s performance was driven largely by international markets, where revenue in Europe—excluding France—grew by 7.4%, while the rest of the world saw an 8.6% increase. This international momentum eclipsed domestic growth of 5.8%, validating the strategy behind the price hikes implemented in April. Total revenue for the nine months ending in May reached €844.9 million, a 6% increase on a like-for-like basis.

The public cloud division served as the primary engine for this expansion, surging 20.2% to €65.6 million. This growth was bolstered by the successful rollout of the VPS 2027 virtual server offering, which specifically targets smaller enterprises. Meanwhile, the private cloud sector, which manages dedicated infrastructure for individual clients, grew by 4.0% to €174.0 million. The web cloud segment, covering domain names and hosting, saw a modest 2% rise to €50 million. With a net revenue retention rate of 102%, the firm confirmed its full-year financial outlook despite ongoing shifts in the competitive landscape.