Cloud GPU market, February 2025

A review generated from the reconstructed SkyPilot-catalog history, not written by hand: 4 weekly points, week of February 3, 2025 to week of February 24, 2025. Second-hand data: we vouch that the catalog published each number on that date; every figure links to the exact commit. See the methodology for how the index is built.

Frozen on September 11, 2026: these figures are the ones first published for February 2025 and are not recomputed as the data changes. If a later recomputation reads differently, the difference is listed at the end of the page with its date, and nothing above is replaced. Every month as data: /market/months.json.

In numbers

• At the end of February 2025, 5 providers listed an on-demand H100 SXM rate in the panel (5 quotes), against 4 a month earlier.
• The base-100 H100 index closed February 2025 at 85.9; it fell 14.1% from 100.0 at the end of January 2025, and stands below the base week of January 6, 2025 (= 100) by 14.1%. The index moves only when a provider’s listed price changes, never when the panel does.
• The dollar median stood at $4.57 per H100 GPU-hour across 5 providers, against $7.24 across 4 a month earlier. Read the median as a level with its panel size; a provider joining or leaving moves it.
• Largest fall: Google Cloud (us-central1) NVIDIA H100 SXM from $9.80 to $4.57 per GPU-hour (−53.3%) in the week of February 10, 2025 (source).
• Cheapest listed on-demand rates in the week of February 24, 2025: NVIDIA H100 SXM $2.95 on Nebius (eu-north1) (source); NVIDIA H200 $3.50 on Nebius (eu-north1) (source).

Weekly points

← January 2025 · March 2025 → · All months · Price Index

Cite this page

Published under CC BY 4.0: use and redistribute with attribution and a link. Cite the linked source for a price itself, and cite us for the normalization, the index and the comparison. Figures are month-end values for February 2025, from the reconstructed SkyPilot-catalog history.

Data updated: September 12, 2026