VULTR·Cloud Infrastructure / AI Infrastructure (IaaS, GPU cloud)Pre-IPO · Private

Vultr (Constant)

ConvictionContext

Usage-based and reserved-capacity rental of compute (VMs, bare metal), GPU instances/clusters, storage, and networking across 33 cloud regions; self-serve SMB/developer base plus growing enterprise AI contracts

Revenue

Not formally disclosed. ~$150M ARR reported by The InformationOct 2023, pre-AI buildout; echoed by Fierce Network). Company states it is profitable. No verified 2024/2025/2026 revenue figure

Rev growth

not disclosedmanagement describes a 'rapidly-growing customer base'; AI/GPU segment growing off the ~$150M 2023 base

Gross margin

not disclosed

Op margin

not disclosedcompany publicly claims profitability, unusual among GPU-cloud peers

Capex intensity

Very high and rising: ~$901M reported capital investmentin the 24,000-GPU Springfield, Ohio AMD supercluster (announced Dec 2025) plus HPE/Nvidia GB300 buildouts (Jun 2026); $329M credit/lease financing (Jun 2025) raised specifically for capex

Valuation

~$3.5B last priced valuationfirst outside equity round, $333M, led by LuminArx Capital + AMD Ventures, Dec 2024); no priced round since — PRIVATE, no public shares, no S-1 filed as of Jul 2026

Valuation trail

$3.5B

2 marks · Dec 2024–Jul 2026

private — no public price

Priced round

Vultr has exactly one priced equity round in its history (Dec 2024, $333M at $3.5B). It was bootstrapped 2014-2024 with no outside equity (though it used debt, e.g. a $150M Constant credit facility in Apr 2021, which carried no disclosed valuation). The Jun 2025 $329M package is debt/lease financing and does not re-price the equity. The trail therefore has a single true pricing point carried forward; the 2026-07 entry is a carry-forward marker, not a new round.

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Full financial intelligence for Vultr (Constant)

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

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Not financial advice — analyst work product for a qualified professional.