Ovh Groupe (OVHFF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to OVHcloud Q3 FY2026 Revenue. Today's speakers will be Octave Klava, Chairman and CEO of OVHcloud, and Stephanie Benya, CFO. I now hand over to OVH Management to begin today's conference. Thank you. Hello, everybody. I'm Octave Klava, Chairman and CEO of OVHcloud. Thanks for joining us today. Let me start with the key highlights of our Q3 FY26 on the slide, too. So this quarter, we generated $290 million in revenue. We had a 9.6% of growth, net retention 100%. On the revenue for nine months, year-to-date, 845, 6% of revenue like for like, and we confirm all guidelines for FY26. So some business highlights. We were selected for the European Commission with consortium, very happy to be part of this journey. Also, we continue to refresh and to upgrade our intro level offers like BPS 27, Dominance 27, Webcasting 27, to continue to acquire and to be really aggressive on the acquisition of the new customers. Another point is acquisition of Gladia, AI company, Stitch2Text.stt. and the goal is to build up and to continue to build up our sovereign and multi-model AI for our customers. And the last one is we launched the preview of OVH AI workspace during the VitaTech that is open and collaborative agenting AI platform. On the operational side, we finished organization on the corporate. So we have right now the new team in place. We know we have a team in different countries. We're happy to do that. We still have the different things to finish on the digital cloud and web cloud. That should be done in the next weeks. On the Q3, we had, of course, an anticipated increase of the CAPEX, but it was fully anticipated. We don't have the main impact on the CAPEX because we've been working very well last quarter to avoid the bad use on the CAPEX on the Q...