Cloud Provider Gcore Breaks Out CDN Revenue, Capacity of Network
Privately held CDN and infrastructure provider Gcore, headquartered in Luxembourg, is allowing me to disclose some of its financial figures, which show significant revenue growth over the past two years. The company ended 2025 with $140 million in revenue, of which CDN-specific revenue was $27 million.
From November 2024 to November 2025, CDN revenue grew month over month by close to 55%. The company said that over the past two years, it had reduced CDN pricing in some regions, but strong demand and new large customers drove rapid traffic growth, making streaming one of Gcore’s fastest-growing CDN segments. Gcore has 550+ employees, raised a $70 million Series A in 2024, and says both the company as a whole and the CDN business are cash flow positive.
Gcore also said that, with several providers exiting the market, the redistribution of a portion of customers’ traffic to new CDNs contributed to meaningful growth. The company ended 2023 with just under $76 million in revenue, up nearly 60% from two years earlier. The company ended the year with 200 Tbps of network capacity across 210 CDN PoPs globally. Gcore says it has $12 million in customer commitments to expand its network next year and expects to add 65 Tbps in the first half of 2026.
The company also provided a detailed regional breakdown of Gcore’s global traffic, with the largest being North America at 29.4%, Europe at 27%.3%, Asia at 13.5% and South America at 13.3%. The company says its proprietary caching engine enables ~0.9 Gbps per server core, and Gcore supports HLS/DASH, LL-HLS/LL-DASH, WebRTC, QUIC/gQUIC transport and GPU-accelerated encoding. The company was founded in 2014 and has been offering CDN services and compute at the edge since then, with DAZN and Microsoft among its clients. If you are attending the NAB Show, you can see them at the NAB Show Streaming Summit.
