Jan 09, 2026 | Posted by Abdul-Rahman Oladimeji
OVHcloud has published its earnings for the first quarter of 2026, with public cloud doing much of the heavy lifting. Revenue for the first quarter totaled €275.3 million ($320bn), up six percent Year-on-Year (YoY). This is further broken down into private cloud (€167.2m/$194.41m- up four percent), public cloud (€58.2m/$67.6m - up 15.8 percent), and webcloud (€49.8m/$57.9m - up 2.3 percent.)
He added that part of this is understanding what that means: “How many data centers, how many servers, how many products, how many customers, and what is the right organization to reach this €2 billion revenue?” Ultimately, Klaba declined to offer a concrete timeline, but said: “I didn’t come back to deliver that in 10 years, okay?”
Public cloud grew most significantly of all sectors, with OVH stating they saw existing customer spending continuing to grow, and a net revenue retention rate of 105 percent, as well as “new start customers” and cross-selling products. France accounted for most of the company’s revenue, bringing in 48 percent of revenue, while the rest of Europe accounted for the next 29 percent.
