Between October 8 and October 9, 2026 we read four European GPU clouds for the first time: IONOS Cloud and STACKIT, which list in euros, and Hikube and Infomaniak, which list in Swiss francs. In our read of 06:39 UTC on October 10 they gave 14 on-demand rates on ten cards. They run from $0.1953 a GPU-hour for an NVIDIA A2 at Infomaniak to $9.0111 for an H100 SXM in STACKIT’s Germany South region. Hikube’s L4 at $0.2719 was the lowest of the 22 L4 rate cards on our L4 page, where the median was $0.75.
What each price list says
Hikube, run by Hidora SA in Switzerland, prices by the month and states on its own pricing page that the hourly figure is the monthly one over 730 hours. Its six rates are for the GPU alone, without the CPU and memory of an instance: the L4 at CHF 0.226 ($0.2719), the L40S at CHF 1.0411 ($1.2527), the A100 80GB at CHF 2.0479 ($2.4642), the RTX PRO 6000 at CHF 2.1233 ($2.5549), an H100 whose form factor the page does not state at CHF 2.7384 ($3.295) and the H200 at CHF 3.4233 ($4.1191).
Infomaniak’s public cloud page lists each GPU flavour as a whole instance, net of VAT. The A2 instance was CHF 0.1623 ($0.1953), the T4 CHF 0.2367 ($0.2848), the L4 CHF 0.2824 ($0.3398) and the L40S CHF 0.7045 ($0.8477). Infomaniak’s A2 is one of two A2 rate cards we read, and the lower one.
STACKIT publishes its GPU prices only in a PDF price list, as net list prices. The one-GPU H100 HGX server n3 was €8.0413 an hour ($9.0111), the A100 80GB server n1 €2.6581 ($2.9787) and the L40S server n2 €1.7429 ($1.9531). IONOS lists one GPU, the H200 NVL in its PCIe form, as the template H200-S at €3.00 an hour ($3.3618).
Where the new rates sit against the medians
Our card pages take each provider’s cheapest on-demand rate as its rate card and print the median of those. In the build of 06:39 UTC on October 10, STACKIT’s H100 SXM at $9.0111 stood above the median of $3.72 over 32 rate cards, and its A100 80GB at $2.9787 above the A100 median of $1.89 over 49. Hikube’s A100 80GB at $2.4642 was above that median too. On the L40S, where the median was $1.27 over 36 rate cards, Infomaniak’s $0.8477 and Hikube’s $1.2527 sat below it and STACKIT’s $1.9531 above. IONOS’s H200 NVL at $3.3618 was under the median of $3.51 over six rate cards.
Hikube’s six rates are for the GPU alone and the other eight are whole instances or servers; each row on our pages carries that scope as a tag. The H100 Price Index takes USD listings only, so STACKIT’s euro-priced H100 is not one of the index’s constituents. Nothing here is forecast: these are the four price lists as we first read them.
Why the dollar figure can move without the price list moving
Each of the four lists in its own currency, and we convert it with the European Central Bank’s reference rate; in the read of October 10 that was the rate dated October 9, 1.1206 dollars per euro and 1.203264 dollars per franc. STACKIT’s H100 shows the arithmetic: €8.0413 × 1.1206 is $9.0111. The listed figure, the rate and its date stand next to each USD figure on our pages, so a change in the dollar figure that comes from the exchange rate can be told apart from a change in the price list.
How to check these figures yourself
Every figure above is listed under this text with the page it links and the time we read it. The live rates are on the provider pages for Hikube, Infomaniak, STACKIT and IONOS, and the medians on the L4, L40S, A100 80GB, H100 SXM and H200 NVL card pages. Those pages update with every hourly read; this article keeps the figures of October 10.