{"success":true,"data":{"pressRelease":{"id":"72661","rtpr_id":"nGNE6JrrrZ","ticker":"OVH","exchange":"Euronext Paris","all_tickers":["OVH"],"title":"REG-Acceleration of growth in the third quarter ","author":"Globe Newswire","published_at":"2026-06-25T05:00:00.198Z","article_body":"* Organic growth of 6.9%, driven by Public Cloud, which grew by more than 20%\n* Strengthening AI Lab with Gladia and a preview of OVHai Workspace\n* Confirmation of FY2026 guidance\nRevenue by product segment\n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) LFL FY2025 9 months FY2026 9 months Change YoY (%) LFL \n 3 (rd)quarter \n Private Cloud 169.3 174.0 +4.0% 503.5 510.7 +3.6% \n Public Cloud 53.6 65.6 +20.2% 157.4 184.2 +16.9% \n Webcloud 49.0 50.0 +2.0% 147.0 150.0 +2.2% \n Total revenue 271.9 289.6 +6.9% 807.9 844.9 +6.0% \n\nOctave Klaba, Chairman and CEO of OVHcloud, said:   \n \n\n“In Q3 FY2026, our organic growth accelerated to 6.9%, driven by Public\nCloud, which returned to growth above 20%. In line with H1 FY2026, we have\nmaintained strict financial discipline and are therefore reaffirming our\ntarget of achieving positive levered free cash flow in FY2026.\n\nThis quarter, I would also like to highlight three structural initiatives.\n\nFirstly, to meet the growing demand for a trusted cloud, we reorganised the\nCorporate sales force. This underlying commercial momentum is illustrated this\nquarter by our selection by the European Commission to provide a sovereign\ncloud for EU institutions.\n\nSecondly, for Starters, we maintained our offensive commercial approach with\nseveral updates to our offerings: VPS 2027, Domain Names 2027 and Web Hosting\n2027 – which have all led to a steady increase in new customers.\n\nFinally, building on our acquisition of Dragon LLM, we further expanded our AI\nLab with the acquisition of Gladia, aiming to develop sovereign generative,\nagentic and multimodal AI. At VivaTech, the AI Lab also offered a preview of\nOVHai Workspace, a collaborative and open agentic AI platform.” \n\n\n\nPublic Cloud drives growth in Q3 FY2026\n\nOVHcloud’s revenue for the third quarter of FY2026 came in at €289.6\nmillion, up 6.9% like for like, reflecting sequential acceleration. This\ngrowth continues to be driven mainly by Public Cloud, which returned to growth\nabove 20%.\n\nExisting customers’ demand continued to increase, reflecting the loyalty of\nthe customer base, with the net revenue retention rate reaching 102% on a\nlike-for-like basis, despite optimisation measures in Hosted Private Cloud.\n\nRevenue by product segment\n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) Change YoY (%) LFL \n 3 (rd)quarter \n Private Cloud 169.3 174.0 +2.8% +4.0% \n Public Cloud 53.6 65.6 +22.3% +20.2% \n Webcloud 49.0 50.0 +1.9% +2.0% \n Total revenue 271.9 289.6 +6.5% +6.9% \n\nIn the third quarter of FY2026, Private Cloud (60.1% of revenue) accounted for\n€174.0 million, up 4.0% on a like-for-like basis.\n* Bare Metal Cloud continued to benefit from the repositioning of its\nentry-range offerings, and accelerated acquisitions in Starters;\n* Within the Hosted Private Cloud segment, growth in the Corporate segment\noffsets the churn of certain Starters and Scalers customers affected by\nBroadcom's price increases\nIn the third quarter of FY2026, Public Cloud (22.7% of revenue) accounted for\n€65.6 million, up 20.2% on a like-for-like basis.\n* Public Cloud continued its sustained growth trajectory, buoyed by very\nstrong customer acquisition in Starters, particularly for VPS offerings\nfollowing the launch of VPS 2027.\n* The Scalers and Corporate segments are currently expanding, driven by an\nextensive product catalogue with deployment in the 3-AZ regions in Paris and\nMilan.\nIn the third quarter of FY2026, Web Cloud (17.3% of revenue) accounted for\n€50.0 million, up 2.0% on a like-for-like basis.   \n* Thanks to the offensive sales strategy, customer acquisition has increased,\nparticularly in the domain name segment.           \n* OVHcloud continues to innovate with the launch of new products: Webhosting\n2027, Managed Hosting for WordPress, and OVHcloud Video Center.\n\n\nRevenue by\nregion                                                                                                     \n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) Change YoY (%) LFL \n 3 (rd)quarter \n France 130.4 138.8 +6.4% +5.8% \n Europe (excl. France) 79.3 85.0 +7.2% +7.4% \n Rest of the World 62.2 65.8 +5.8% +8.6% \n Total revenue 271.9 289.6 +6.5% +6.9% \n\nFrance accounted for 48% of total Group revenue and was up 5.8% on a\nlike-for-like basis, a slight sequential improvement compared to H1 FY2026.\nPrivate Cloud benefited from the repositioning of its entry-range offerings;\nPublic Cloud returned to growth above 20%; and Web Cloud continued to be\nbuoyed by support services and domain names.\n\nThe other countries of Europe accounted for 29% of total Group revenue and\nincreased by 7.4% on a like-for-like basis. Compared to H1 FY2026, growth more\nthan doubled driven by stronger momentum in the Public Cloud segment.\n\nRest of the World accounts for 23% of the Group's total and recorded growth of\n8.6% on a like-for-like basis. Growth continues to be driven by the expansion\nof the Public Cloud segment and the Private Cloud segment’s resilience.\n\nFY2026 objectives – Positive levered free cash flow\n\nIn line with the first half of FY2026, the Group maintained its strict\nfinancial discipline, combining rigorous cost management with a particular\nfocus on cash generation.              \n\nOVHcloud confirms all the following targets for FY2026:\n* Organic revenue growth of between 5% and 7%;\n* Adjusted EBITDA margin above FY2025;\n* Adjusted Capex representing between 33% and 35% of revenue, excluding\nlocked-in stock for FY2027 covered by dedicated financing;\n* positive Levered Free Cash flow.\nA quarter full of announcements \n\nExclusive negotiations to acquire Gladia, expert in voice AI\n\nThrough this acquisition, OVH Groupe strengthens its teams with new voice AI\nexperts. By internalizing the Speech-to-Text (STT) technology building blocks\ndeveloped by Gladia, OVHcloud and OVHai will offer their customers new voice\nAI services.   \n\nOVH Labs unveils OVHai Workspace “in preview”, an open, collaborative\nagentic AI platform\n\nPreviewed at VivaTech, OVHai Workspace brings together collaborative tools\n(email, cloud storage, video conferencing) while remaining open to partner\napplications. It uses agentic AI to automate complex actions, with end-to-end\nencryption and local processing of sensitive data.\n\nStructuring the Corporate sales organisation to accelerate growth\n\nTo meet the growing demand for a trusted cloud, data control and trusted AI,\nOVHcloud has reorganised the Corporate sales force, with a dedicated\nmanagement team in six countries reporting to a new CRO Corporate, Bruno\nRonsse (Executive Committee member).\n\nNew Premier 2027 servers for Managed VMware vSphere\n\nThis Private Cloud solution addresses the most critical use cases (migration,\ndisaster recovery, enterprise application hosting and application\nmodernisation). The Premier 2027 range deploys VMware environments and\nupgrades them with enhanced performance and flexibility.\n\nThe DEEP, OVHcloud and Clever Cloud consortium is selected for the sovereign\ncloud for European institutions\n\nThe consortium comprising DEEP by POST Luxembourg Group, OVHcloud and Clever\nCloud was selected by the European Commission to provide a sovereign cloud for\nEU institutions, signalling underlying momentum. This contract, capped at a\nmaximum value of €180 million over six years, is a key step in the practical\nimplementation of the European digital sovereignty strategy.\n\n\n\nConference call\nOn Thursday 25 June 2026 at 10 a.m. (CEST – Paris), OVHcloud’s management\nwill hold a conference call in English.\n\nConnection links:\n* Webcast (https://ovhcloud.engagestream.euronext.com/q3_2026/register)\n\n* Conference call (https://engagestream.euronext.com/ovhcloud/q3_2026/dial-in)\nAfter the conference call, a replay of the webcast will be available in the\nInvestor relations section of the OVHcloud website:\nhttps://corporate.ovhcloud.com/en-gb/investor-relations/financial-results/\n                  \n\nCalendar\n\n20 October 2026: FY2026 Annual Results\n\nAbout OVHcloud\n\nOVHcloud is a global cloud player and the European cloud leader. For more than\n25 years, the Group has placed its technological expertise at the service of\nbusinesses, developers and public-sector organizations, developing innovative\nsolutions in cloud computing, artificial intelligence, quantum computing and\nnext-generation infrastructure. With 46 datacentres worldwide, OVHcloud serves\n1.6 million customers in more than 140 countries across four continents. Its\nunique integrated model enables it to deliver a sovereign, sustainable,\nhigh-performance and transparent cloud, designed to meet critical requirements\nfor availability, resilience, security, compliance and cost control. In a\nworld where technology increasingly shapes our future, OVHcloud holds a strong\nconviction: innovation must remain open, controlled and accessible to as many\npeople as possible. By enabling organizations to retain control over their\ndata and technology choices, OVHcloud helps them innovate, build and deploy\ntomorrow’s digital services freely.\nOVHcloud, Innovation for Freedom.\n\nContacts\n\n Media Relations Investor Relations \n media.france@ovhcloud.com investor.relations@ovhcloud.com \n \n\n\n\nAppendices\n\nGlossary\n\nThe different go-to-market segments are determined according to the following\ncriteria:\n* Starters: customers with a digital channel and less than €25,000 in ARR\n(annual recurring revenue);\n* Scalers: customers with a digital channel and more than €25,000 in ARR\n(annual recurring revenue);\n* Corporate: customers with either a direct sales strategy, via calls for\ntender or the OVHcloud sales team, or an indirect sales strategy, via\nspecialised partners.\nROCE (return on capital employed) is calculated by dividing adjusted EBITDA\nafter depreciation, amortisation and impairment and tax for the current\nfinancial year by capital employed for the previous year.\n\nCapital employed corresponds to Goodwill, tangible and intangible fixed assets\nless net working capital requirements after tax.\n\nLike-for-like is calculated at constant exchange rates and constant scope.\nScope adjustments correspond to M&A.\n\nThe net revenue retention rate for any period is equal to the percentage\ncalculated by dividing (i) the revenue generated in such period from customers\nthat were present during the same period of the previous year, by (ii) the\nrevenue generated from all customers in that previous year period. When the\nrevenue retention rate exceeds 100%, it means that revenue from the relevant\ncustomers increased from the relevant period in the previous year to the same\nperiod in the current year, in excess of the revenue lost due to churn.\n\nARPAC (Average revenue per active customer) represents the revenue recorded in\na given period from a given customer group, divided by the average number of\ncustomers from that group in that period (the average number of customers is\ndetermined on the same basis as in determining net customer acquisitions).\nARPAC increases as customers in a given group spend more on OVHcloud services.\nIt can also increase due to a change in mix, as an increase (or decrease) in\nthe proportion of high-spending customers would increase (or decrease) ARPAC,\nirrespective of whether total revenue from the relevant customer group\nincreases.\n\nRecurring EBITDA is equal to revenue less the sum of personnel costs and other\noperating expenses (and excluding depreciation and amortisation charges, as\nwell as items that are classified as \"Other non‑recurring operating income\nand expenses\").\n\nAdjusted EBITDA is equal to recurring EBITDA excluding share-based\ncompensation and expenses resulting from the payment of earn-outs.\n\nRecurring Capital Expenditure (Capex) reflects the capital expenditure needed\nto maintain the revenue generated during a given period for the following\nperiod.\n\nGrowth capital expenditure (Capex) represents all capital expenditure other\nthan recurring capital expenditure.\n\n\nUnlevered free cash flow represents cash flows from operating activities minus\ncapital expenditure.\n\nLevered free cash flow represents cash flows from operating activities minus\ncapex, minus repayment of lease liabilities, minus financial interest paid,\nand includes dedicated financing related to specific operations (excluding\nM&A).\n\nRevenue by segment and geography\n\n In € million Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 \n Private cloud 164.5 169.8 169.3 503.5 167.2 169.4 174.0 510.7 \n Public cloud 50.3 53.5 53.6 157.4 58.2 60.4 65.6 184.2 \n Webcloud 48.8 49.2 49.0 147.0 49.8 50.2 50.0 150.0 \n Total Revenue 263.5 272.5 271.9 807.9 275.3 280.1 289.6 844.9 \n \n Growth in % Q1 FY26 LFL Q2 FY26 Q3 FY26 9M FY26 Q1 FY26 Reported Q2 FY26 Reported Q3 FY26 9M FY26 \n LFL LFL LFL Reported Reported \n Private cloud +4.0% +2.9% +4.0% +3.6% +1.7% -0.2% +2.8% +1.4% \n Public cloud +15.8% +14.5% +20.2% +16.9% +15.7% +12.9% +22.3% +17.0% \n Webcloud +2.3% +2.4% +2.0% +2.2% +2.7% +2.2% +1.9% +2.1% \n Total Revenue +6.0% +5.1% +6.9% +6.0% +4.5% +2.8% +6.5% +6.0% \n \n In € million Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 \n France 127.1 129.6 130.4 387.1 133.9 135.9 138.8 408.5 \n Europe (excl. France) 76.7 79.5 79.3 235.5 79.3 81.0 85.0 245.3 \n Rest of the World 59.7 63.4 62.2 185.3 62.1 63.1 65.8 191.1 \n Total Revenue 263.5 272.5 271.9 807.9 275.3 280.1 289.6 844.9 \n \n Growth in % Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 Q1 FY26 Reported Q2 FY26 Reported Q3 FY26 9M FY26 \n LFL LFL LFL LFL Reported Reported \n France +5.2% +4.8% +5.8% +5.2% +5.3% +4.9% +6.4% +5.5% \n Europe (excl. France) +4.1% +2.9% +7.4% +4.8% +3.3% +2.0% +7.2% +4.4% \n Rest of the World +10.5% +8.5% +8.6% +9.2% +4.0% -0.4% +5.8% +3.5% \n Total Revenue +6.0% +5.1% +6.9% +6.0% +4.5% +2.8% +6.5% +6.0% \n\n\n\nReconciliation of like-for-like and reported growth\n\n In € million Q3 FY25 Reported FX Perimeter Public Cloud Q3 FY25 \n impacts impacts adjustments LFL \n Private cloud 169.3 (1.9) 0.0 0.0 167.4 \n Public cloud 53.6 (0.3) 0.0 1.2 54.5 \n Webcloud 49.0 (0.1) 0.0 0.0 49.0 \n Total Revenue 271.9 (2.2) 0.0 1.2 270.9 \n \n\n\n\n In € million by region Q3 FY25 Reported FX Perimeter Public Cloud Q3 FY25 \n impacts impacts adjustments LFL \n France 130.4 0.0 0.0 0.8 131.2 \n Europe (excl. France) 79.3 (0.4) 0.0 0.3 79.1 \n Rest of the World 62.2 (1.8) 0.0 0.2 60.6 \n Total Revenue 271.9 (2.2) 0.0 1.2 270.9 \n\nAttachment\n* 2026 06 25 - OVHcloud Q3 FY26 PR EN vDef\n(https://ml-eu.globenewswire.com/Resource/Download/8ed9df46-eae5-4214-b133-e91b679b6b30)","article_body_html":"","raw_payload":{"data":{"id":"nGNE6JrrrZ","title":"REG-Acceleration of growth in the third quarter ","author":"Globe Newswire","ticker":"OVH","created":"2026-06-25T05:00:00.198Z","tickers":["OVH"],"exchange":"Euronext Paris","article_body":"* Organic growth of 6.9%, driven by Public Cloud, which grew by more than 20%\n* Strengthening AI Lab with Gladia and a preview of OVHai Workspace\n* Confirmation of FY2026 guidance\nRevenue by product segment\n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) LFL FY2025 9 months FY2026 9 months Change YoY (%) LFL \n 3 (rd)quarter \n Private Cloud 169.3 174.0 +4.0% 503.5 510.7 +3.6% \n Public Cloud 53.6 65.6 +20.2% 157.4 184.2 +16.9% \n Webcloud 49.0 50.0 +2.0% 147.0 150.0 +2.2% \n Total revenue 271.9 289.6 +6.9% 807.9 844.9 +6.0% \n\nOctave Klaba, Chairman and CEO of OVHcloud, said:   \n \n\n“In Q3 FY2026, our organic growth accelerated to 6.9%, driven by Public\nCloud, which returned to growth above 20%. In line with H1 FY2026, we have\nmaintained strict financial discipline and are therefore reaffirming our\ntarget of achieving positive levered free cash flow in FY2026.\n\nThis quarter, I would also like to highlight three structural initiatives.\n\nFirstly, to meet the growing demand for a trusted cloud, we reorganised the\nCorporate sales force. This underlying commercial momentum is illustrated this\nquarter by our selection by the European Commission to provide a sovereign\ncloud for EU institutions.\n\nSecondly, for Starters, we maintained our offensive commercial approach with\nseveral updates to our offerings: VPS 2027, Domain Names 2027 and Web Hosting\n2027 – which have all led to a steady increase in new customers.\n\nFinally, building on our acquisition of Dragon LLM, we further expanded our AI\nLab with the acquisition of Gladia, aiming to develop sovereign generative,\nagentic and multimodal AI. At VivaTech, the AI Lab also offered a preview of\nOVHai Workspace, a collaborative and open agentic AI platform.” \n\n\n\nPublic Cloud drives growth in Q3 FY2026\n\nOVHcloud’s revenue for the third quarter of FY2026 came in at €289.6\nmillion, up 6.9% like for like, reflecting sequential acceleration. This\ngrowth continues to be driven mainly by Public Cloud, which returned to growth\nabove 20%.\n\nExisting customers’ demand continued to increase, reflecting the loyalty of\nthe customer base, with the net revenue retention rate reaching 102% on a\nlike-for-like basis, despite optimisation measures in Hosted Private Cloud.\n\nRevenue by product segment\n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) Change YoY (%) LFL \n 3 (rd)quarter \n Private Cloud 169.3 174.0 +2.8% +4.0% \n Public Cloud 53.6 65.6 +22.3% +20.2% \n Webcloud 49.0 50.0 +1.9% +2.0% \n Total revenue 271.9 289.6 +6.5% +6.9% \n\nIn the third quarter of FY2026, Private Cloud (60.1% of revenue) accounted for\n€174.0 million, up 4.0% on a like-for-like basis.\n* Bare Metal Cloud continued to benefit from the repositioning of its\nentry-range offerings, and accelerated acquisitions in Starters;\n* Within the Hosted Private Cloud segment, growth in the Corporate segment\noffsets the churn of certain Starters and Scalers customers affected by\nBroadcom's price increases\nIn the third quarter of FY2026, Public Cloud (22.7% of revenue) accounted for\n€65.6 million, up 20.2% on a like-for-like basis.\n* Public Cloud continued its sustained growth trajectory, buoyed by very\nstrong customer acquisition in Starters, particularly for VPS offerings\nfollowing the launch of VPS 2027.\n* The Scalers and Corporate segments are currently expanding, driven by an\nextensive product catalogue with deployment in the 3-AZ regions in Paris and\nMilan.\nIn the third quarter of FY2026, Web Cloud (17.3% of revenue) accounted for\n€50.0 million, up 2.0% on a like-for-like basis.   \n* Thanks to the offensive sales strategy, customer acquisition has increased,\nparticularly in the domain name segment.           \n* OVHcloud continues to innovate with the launch of new products: Webhosting\n2027, Managed Hosting for WordPress, and OVHcloud Video Center.\n\n\nRevenue by\nregion                                                                                                     \n\n (in € million) FY2025 3 (rd)quarter FY2026 Change YoY (%) Change YoY (%) LFL \n 3 (rd)quarter \n France 130.4 138.8 +6.4% +5.8% \n Europe (excl. France) 79.3 85.0 +7.2% +7.4% \n Rest of the World 62.2 65.8 +5.8% +8.6% \n Total revenue 271.9 289.6 +6.5% +6.9% \n\nFrance accounted for 48% of total Group revenue and was up 5.8% on a\nlike-for-like basis, a slight sequential improvement compared to H1 FY2026.\nPrivate Cloud benefited from the repositioning of its entry-range offerings;\nPublic Cloud returned to growth above 20%; and Web Cloud continued to be\nbuoyed by support services and domain names.\n\nThe other countries of Europe accounted for 29% of total Group revenue and\nincreased by 7.4% on a like-for-like basis. Compared to H1 FY2026, growth more\nthan doubled driven by stronger momentum in the Public Cloud segment.\n\nRest of the World accounts for 23% of the Group's total and recorded growth of\n8.6% on a like-for-like basis. Growth continues to be driven by the expansion\nof the Public Cloud segment and the Private Cloud segment’s resilience.\n\nFY2026 objectives – Positive levered free cash flow\n\nIn line with the first half of FY2026, the Group maintained its strict\nfinancial discipline, combining rigorous cost management with a particular\nfocus on cash generation.              \n\nOVHcloud confirms all the following targets for FY2026:\n* Organic revenue growth of between 5% and 7%;\n* Adjusted EBITDA margin above FY2025;\n* Adjusted Capex representing between 33% and 35% of revenue, excluding\nlocked-in stock for FY2027 covered by dedicated financing;\n* positive Levered Free Cash flow.\nA quarter full of announcements \n\nExclusive negotiations to acquire Gladia, expert in voice AI\n\nThrough this acquisition, OVH Groupe strengthens its teams with new voice AI\nexperts. By internalizing the Speech-to-Text (STT) technology building blocks\ndeveloped by Gladia, OVHcloud and OVHai will offer their customers new voice\nAI services.   \n\nOVH Labs unveils OVHai Workspace “in preview”, an open, collaborative\nagentic AI platform\n\nPreviewed at VivaTech, OVHai Workspace brings together collaborative tools\n(email, cloud storage, video conferencing) while remaining open to partner\napplications. It uses agentic AI to automate complex actions, with end-to-end\nencryption and local processing of sensitive data.\n\nStructuring the Corporate sales organisation to accelerate growth\n\nTo meet the growing demand for a trusted cloud, data control and trusted AI,\nOVHcloud has reorganised the Corporate sales force, with a dedicated\nmanagement team in six countries reporting to a new CRO Corporate, Bruno\nRonsse (Executive Committee member).\n\nNew Premier 2027 servers for Managed VMware vSphere\n\nThis Private Cloud solution addresses the most critical use cases (migration,\ndisaster recovery, enterprise application hosting and application\nmodernisation). The Premier 2027 range deploys VMware environments and\nupgrades them with enhanced performance and flexibility.\n\nThe DEEP, OVHcloud and Clever Cloud consortium is selected for the sovereign\ncloud for European institutions\n\nThe consortium comprising DEEP by POST Luxembourg Group, OVHcloud and Clever\nCloud was selected by the European Commission to provide a sovereign cloud for\nEU institutions, signalling underlying momentum. This contract, capped at a\nmaximum value of €180 million over six years, is a key step in the practical\nimplementation of the European digital sovereignty strategy.\n\n\n\nConference call\nOn Thursday 25 June 2026 at 10 a.m. (CEST – Paris), OVHcloud’s management\nwill hold a conference call in English.\n\nConnection links:\n* Webcast (https://ovhcloud.engagestream.euronext.com/q3_2026/register)\n\n* Conference call (https://engagestream.euronext.com/ovhcloud/q3_2026/dial-in)\nAfter the conference call, a replay of the webcast will be available in the\nInvestor relations section of the OVHcloud website:\nhttps://corporate.ovhcloud.com/en-gb/investor-relations/financial-results/\n                  \n\nCalendar\n\n20 October 2026: FY2026 Annual Results\n\nAbout OVHcloud\n\nOVHcloud is a global cloud player and the European cloud leader. For more than\n25 years, the Group has placed its technological expertise at the service of\nbusinesses, developers and public-sector organizations, developing innovative\nsolutions in cloud computing, artificial intelligence, quantum computing and\nnext-generation infrastructure. With 46 datacentres worldwide, OVHcloud serves\n1.6 million customers in more than 140 countries across four continents. Its\nunique integrated model enables it to deliver a sovereign, sustainable,\nhigh-performance and transparent cloud, designed to meet critical requirements\nfor availability, resilience, security, compliance and cost control. In a\nworld where technology increasingly shapes our future, OVHcloud holds a strong\nconviction: innovation must remain open, controlled and accessible to as many\npeople as possible. By enabling organizations to retain control over their\ndata and technology choices, OVHcloud helps them innovate, build and deploy\ntomorrow’s digital services freely.\nOVHcloud, Innovation for Freedom.\n\nContacts\n\n Media Relations Investor Relations \n media.france@ovhcloud.com investor.relations@ovhcloud.com \n \n\n\n\nAppendices\n\nGlossary\n\nThe different go-to-market segments are determined according to the following\ncriteria:\n* Starters: customers with a digital channel and less than €25,000 in ARR\n(annual recurring revenue);\n* Scalers: customers with a digital channel and more than €25,000 in ARR\n(annual recurring revenue);\n* Corporate: customers with either a direct sales strategy, via calls for\ntender or the OVHcloud sales team, or an indirect sales strategy, via\nspecialised partners.\nROCE (return on capital employed) is calculated by dividing adjusted EBITDA\nafter depreciation, amortisation and impairment and tax for the current\nfinancial year by capital employed for the previous year.\n\nCapital employed corresponds to Goodwill, tangible and intangible fixed assets\nless net working capital requirements after tax.\n\nLike-for-like is calculated at constant exchange rates and constant scope.\nScope adjustments correspond to M&A.\n\nThe net revenue retention rate for any period is equal to the percentage\ncalculated by dividing (i) the revenue generated in such period from customers\nthat were present during the same period of the previous year, by (ii) the\nrevenue generated from all customers in that previous year period. When the\nrevenue retention rate exceeds 100%, it means that revenue from the relevant\ncustomers increased from the relevant period in the previous year to the same\nperiod in the current year, in excess of the revenue lost due to churn.\n\nARPAC (Average revenue per active customer) represents the revenue recorded in\na given period from a given customer group, divided by the average number of\ncustomers from that group in that period (the average number of customers is\ndetermined on the same basis as in determining net customer acquisitions).\nARPAC increases as customers in a given group spend more on OVHcloud services.\nIt can also increase due to a change in mix, as an increase (or decrease) in\nthe proportion of high-spending customers would increase (or decrease) ARPAC,\nirrespective of whether total revenue from the relevant customer group\nincreases.\n\nRecurring EBITDA is equal to revenue less the sum of personnel costs and other\noperating expenses (and excluding depreciation and amortisation charges, as\nwell as items that are classified as \"Other non‑recurring operating income\nand expenses\").\n\nAdjusted EBITDA is equal to recurring EBITDA excluding share-based\ncompensation and expenses resulting from the payment of earn-outs.\n\nRecurring Capital Expenditure (Capex) reflects the capital expenditure needed\nto maintain the revenue generated during a given period for the following\nperiod.\n\nGrowth capital expenditure (Capex) represents all capital expenditure other\nthan recurring capital expenditure.\n\n\nUnlevered free cash flow represents cash flows from operating activities minus\ncapital expenditure.\n\nLevered free cash flow represents cash flows from operating activities minus\ncapex, minus repayment of lease liabilities, minus financial interest paid,\nand includes dedicated financing related to specific operations (excluding\nM&A).\n\nRevenue by segment and geography\n\n In € million Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 \n Private cloud 164.5 169.8 169.3 503.5 167.2 169.4 174.0 510.7 \n Public cloud 50.3 53.5 53.6 157.4 58.2 60.4 65.6 184.2 \n Webcloud 48.8 49.2 49.0 147.0 49.8 50.2 50.0 150.0 \n Total Revenue 263.5 272.5 271.9 807.9 275.3 280.1 289.6 844.9 \n \n Growth in % Q1 FY26 LFL Q2 FY26 Q3 FY26 9M FY26 Q1 FY26 Reported Q2 FY26 Reported Q3 FY26 9M FY26 \n LFL LFL LFL Reported Reported \n Private cloud +4.0% +2.9% +4.0% +3.6% +1.7% -0.2% +2.8% +1.4% \n Public cloud +15.8% +14.5% +20.2% +16.9% +15.7% +12.9% +22.3% +17.0% \n Webcloud +2.3% +2.4% +2.0% +2.2% +2.7% +2.2% +1.9% +2.1% \n Total Revenue +6.0% +5.1% +6.9% +6.0% +4.5% +2.8% +6.5% +6.0% \n \n In € million Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 \n France 127.1 129.6 130.4 387.1 133.9 135.9 138.8 408.5 \n Europe (excl. France) 76.7 79.5 79.3 235.5 79.3 81.0 85.0 245.3 \n Rest of the World 59.7 63.4 62.2 185.3 62.1 63.1 65.8 191.1 \n Total Revenue 263.5 272.5 271.9 807.9 275.3 280.1 289.6 844.9 \n \n Growth in % Q1 FY26 Q2 FY26 Q3 FY26 9M FY26 Q1 FY26 Reported Q2 FY26 Reported Q3 FY26 9M FY26 \n LFL LFL LFL LFL Reported Reported \n France +5.2% +4.8% +5.8% +5.2% +5.3% +4.9% +6.4% +5.5% \n Europe (excl. France) +4.1% +2.9% +7.4% +4.8% +3.3% +2.0% +7.2% +4.4% \n Rest of the World +10.5% +8.5% +8.6% +9.2% +4.0% -0.4% +5.8% +3.5% \n Total Revenue +6.0% +5.1% +6.9% +6.0% +4.5% +2.8% +6.5% +6.0% \n\n\n\nReconciliation of like-for-like and reported growth\n\n In € million Q3 FY25 Reported FX Perimeter Public Cloud Q3 FY25 \n impacts impacts adjustments LFL \n Private cloud 169.3 (1.9) 0.0 0.0 167.4 \n Public cloud 53.6 (0.3) 0.0 1.2 54.5 \n Webcloud 49.0 (0.1) 0.0 0.0 49.0 \n Total Revenue 271.9 (2.2) 0.0 1.2 270.9 \n \n\n\n\n In € million by region Q3 FY25 Reported FX Perimeter Public Cloud Q3 FY25 \n impacts impacts adjustments LFL \n France 130.4 0.0 0.0 0.8 131.2 \n Europe (excl. France) 79.3 (0.4) 0.0 0.3 79.1 \n Rest of the World 62.2 (1.8) 0.0 0.2 60.6 \n Total Revenue 271.9 (2.2) 0.0 1.2 270.9 \n\nAttachment\n* 2026 06 25 - OVHcloud Q3 FY26 PR EN vDef\n(https://ml-eu.globenewswire.com/Resource/Download/8ed9df46-eae5-4214-b133-e91b679b6b30)"},"type":"article","timestamp":"2026-06-25T05:00:00.28868155Z","server_sent_at_ms":1782363600288},"received_at":"2026-06-25T05:00:00.415Z","source_url":null},"analysis":{"id":"62033","press_release_id":"72661","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Churn of certain Starters and Scalers customers affected by Broadcom's price increases"],"eventType":"earnings","narrative":"OVHcloud reported Q3 FY2026 revenue of €289.6 million, representing organic growth of 6.9% and accelerating from the first half of the year.\n\nGrowth was driven primarily by the Public Cloud segment, which increased by 20.2% on a like-for-like basis, while the company reaffirmed its FY2026 targets including positive levered free cash flow.\n\nThe company also announced a major strategic win, being selected by the European Commission for a sovereign cloud contract valued at up to €180 million, and disclosed the acquisition of AI voice specialist Gladia.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"OVHcloud accelerates growth to 6.9% driven by Public Cloud demand and secures €180M EU sovereign cloud contract."},"keyFigures":{"revenue":"€289.6 million","guidance":"Organic revenue growth 5-7%; Adjusted EBITDA margin above FY2025; Adjusted Capex 33-35% of revenue; positive Levered Free Cash flow.","revenueYoy":"6.9%","customDimensions":{"contract_value":"€180 million","public_cloud_growth":"20.2%","private_cloud_growth":"4.0%","net_revenue_retention":"102%"}},"quotedText":"In Q3 FY2026, our organic growth accelerated to 6.9%, driven by Public Cloud, which returned to growth above 20%.","namedEntities":{"people":[{"name":"Octave Klaba","role":"Chairman and CEO"},{"name":"Bruno Ronsse","role":"CRO Corporate"}],"products":["OVHai Workspace","VPS 2027","OVHai","Premier 2027"],"companies":[{"name":"OVHcloud","ticker":"OVH"},{"name":"Gladia","relationship":"Acquisition target"},{"name":"European Commission","relationship":"Customer"},{"name":"DEEP by POST Luxembourg Group","relationship":"Partner"},{"name":"Clever Cloud","relationship":"Partner"},{"name":"Broadcom","relationship":"Competitor / Market factor"}],"dollarAmounts":[{"amount":"€289.6 million","context":"Q3 FY2026 total revenue"},{"amount":"€180 million","context":"Maximum value of sovereign cloud contract"},{"amount":"€25,000","context":"ARR threshold for Starters segment"}]},"materialImpact":{"score":4,"reasoning":"Q3 organic growth accelerated to 6.9% with Public Cloud growing >20%, validating the company's strategy. Management reaffirmed FY2026 guidance for positive levered free cash flow and announced a significant sovereign cloud contract win worth up to €180M."},"tickerRelevance":{"others":[],"primary":"OVH"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":["guidance_update","operations_update"],"importanceComponents":{"tickerTier":"Mid-cap European tech","eventGravity":"Q3 acceleration + contract win","sectorWeight":"Cloud Services"}},"event_type":"earnings","event_type_secondary":["guidance_update","operations_update"],"sentiment":"bullish","material_impact_score":4,"narrative":"OVHcloud reported Q3 FY2026 revenue of €289.6 million, representing organic growth of 6.9% and accelerating from the first half of the year.\n\nGrowth was driven primarily by the Public Cloud segment, which increased by 20.2% on a like-for-like basis, while the company reaffirmed its FY2026 targets including positive levered free cash flow.\n\nThe company also announced a major strategic win, being selected by the European Commission for a sovereign cloud contract valued at up to €180 million, and disclosed the acquisition of AI voice specialist Gladia.","key_figures":{"revenue":"€289.6 million","guidance":"Organic revenue growth 5-7%; Adjusted EBITDA margin above FY2025; Adjusted Capex 33-35% of revenue; positive Levered Free Cash flow.","revenueYoy":"6.9%","customDimensions":{"contract_value":"€180 million","public_cloud_growth":"20.2%","private_cloud_growth":"4.0%","net_revenue_retention":"102%"}},"named_entities":{"people":[{"name":"Octave Klaba","role":"Chairman and CEO"},{"name":"Bruno Ronsse","role":"CRO Corporate"}],"products":["OVHai Workspace","VPS 2027","OVHai","Premier 2027"],"companies":[{"name":"OVHcloud","ticker":"OVH"},{"name":"Gladia","relationship":"Acquisition target"},{"name":"European Commission","relationship":"Customer"},{"name":"DEEP by POST Luxembourg Group","relationship":"Partner"},{"name":"Clever Cloud","relationship":"Partner"},{"name":"Broadcom","relationship":"Competitor / Market factor"}],"dollarAmounts":[{"amount":"€289.6 million","context":"Q3 FY2026 total revenue"},{"amount":"€180 million","context":"Maximum value of sovereign cloud contract"},{"amount":"€25,000","context":"ARR threshold for Starters segment"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-25T05:05:07.379Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"Mid-cap European tech","eventGravity":"Q3 acceleration + contract win","sectorWeight":"Cloud Services"}},"durationMs":null,"modelName":"george-droid-qwen-72b"}}