OVHcloud: Fiscal 4Q26 and FY26 Financial Results

Summary:

• Revenue +7.2% like-for-like, adjusted EBITDA margin at 42%
• Levered Free Cash Flow positive for the first time since IPO
• FY2027 targets: accelerating value-creating growth

“Twelve months after my return, we have delivered on all of the targets we announced. Fourth-quarter revenue grew 10.5% on a like-for-like basis, and monthly revenue surpassed the €100 million milestone by the end of the fiscal year.

FY 2026 was a year of discipline. We managed our inventory and capex very closely while keeping operating costs under control. Customer acquisition and sales volumes were very strong across domain names, VPS and Bare Metal. Public Cloud revenue grew 20% in the fourth quarter. In response to rising RAM and storage prices, we made measured adjustments to our pricing. Our new sales organization, put in place during the year, will deliver its full impact from 2027.

We have redefined our AI strategy, and in 2027 we are moving into the deployment phase. In AI, our customers do not all have the same needs: our solutions serve several customer profiles, which limits the risk on our investments. We will continue to become more efficient. Simplifying the customer experience and regionalizing our Public Cloud offerings should allow us to accelerate our growth even further.

The Group has now returned to its fundamentals and is ready to shift into a higher gears,” said Octave Klaba, chairman and CEO, OVHcloud.

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