Published by Global Banking & Finance Review®
Posted on June 24, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleOVH reports a 9.3% revenue increase in Q3, driven by strong Public Cloud demand, and expects to exceed 1 billion euros in revenue this year.
(Reuters) -French cloud services provider OVH on Thursday reported a 9.35% rise in third-quarter revenue to 272 million euros ($287 million), driven by strong demand for its Public Cloud services, and reaffirmed its full-year forecast.
Revenue from the Public Cloud segment grew 17%, with new customer acquisitions increasing 12%, OVH said.
Its Private Cloud division also logged robust growth, with a 25% jump in new customers during the quarter, attributed to a repositioning of some offerings, CEO Benjamin Revcolevschi stated.
Stock of the company, which joined France's SBF 120 index in June, has risen more than 170% year-to-date, according to LSEG data.
"We are on track to exceed 1 billion euro in revenue this year," Revcolevschi said, adding, "We are at the heart of a new dynamic with the acceleration of enquiries for sovereign solutions."
OVH previously highlighted the growing appetite in Europe for locally developed digital utilities, driven by rising concerns over data and infrastructure sovereignty.
(Reporting by Leo Marchandon; Editing by Janane Venkatraman and Tom Hogue)
OVH reported a third-quarter revenue of 272 million euros, which is a 9.35% increase compared to the previous year.
The revenue growth was driven by strong demand for Public Cloud services, which saw a 17% increase, and a 25% jump in new customers in the Private Cloud division.
OVH's stock has risen more than 170% year-to-date since joining France's SBF 120 index in June.
OVH aims to exceed 1 billion euros in revenue this year, according to CEO Benjamin Revcolevschi.
There is a growing appetite in Europe for locally developed digital utilities, driven by rising concerns over data and infrastructure sovereignty.
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