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OVHcloud charts its own course as Europe’s sovereign cloud contender

Whereas in an era where tech giants dominate global cloud markets, OVHcloud based in France has proceeded quietly to become a reliable player with an agenda that is clear—sustainability and sovereignty over size for any cost. The company’s bi-annual financial report for fiscal year 2025 reflects not only profitability, but purpose.

Between September 2024 and February 2025, OVHcloud made €536 million in revenue, more than 10 percent higher than the same period last year. But perhaps the most persuasive number is its return to profitability: €7.2 million in net income, compared to a loss a year ago. Supported by an EBITDA margin of 40 percent, the company isn’t simply expanding—it’s doing so with precision.

Its public cloud segment drove much of that growth, driven by growing demand for AI workloads, the launch of Local Zones in 23 cities, and multi-year pricing offerings. Still, its private cloud and bare metal offerings held their own, especially in Asia-Pacific and North America, where OVHcloud adapted quickly to changes in VMware’s licensing model.

Beyond performance, OVHcloud is pushing geographic and strategic boundaries. France still anchors its revenue base, but recent wins—like a major contract with Germany’s Commerzbank—show that European customers are buying into the value of a trusted, sovereign provider.At the same time, its green financing initiatives, such as a €450 million EU sustainability-targeted loan, indicate the company’s long-term vision.

Even old-school services such as domain hosting found new life, demonstrating growth doesn’t need to mean sacrificing focus. With hybrid cloud, compliance-ready infrastructure, and green operations all integrated into its roadmap, OVHcloud is adding a much-needed spin to the cloud discussion—a one based on independence, not duplication.

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