Gcore vs Nebius: L40S price

Nebius is cheaper by €0.07 per GPU-hour (€1.20 vs €1.27), which is 6% less than Gcore, or Gcore costs 6% more. For one L40S running a full month (730 h) that is €51 ex-VAT; for an 8-GPU node, €409 a month.

Nebius€1.20/hcheapest offer
Gcore€1.27/hcheapest offer
Difference€0.07/h6% cheaper
1 GPU-month (730 h)€51saved

On-demand list prices, ex-VAT, per GPU-hour, from each provider's public price page (dates in the table). Nebius's price is converted from USD at the ECB rate. Reserved or committed-use deals can be cheaper.

Every L40S offer from Gcore and Nebius

ProviderGPU€/GPU-h100 hLocationSource
1. Nebius
EU HQEU DCISO 27001SOC 2
L40S~0.02 kgCO₂/h€1.20 usd€120Finlandsource2026-10-19
2. Gcore
EU HQISO 27001SOC 2
L40S (bare metal)~0.03 kgCO₂/h*€1.27€127Luxembourg*source2026-10-19
* data-centre location not published; provider HQ country shown. usd = converted from USD at the ECB rate; approx = provider marks the price as approximate. CO₂ = rough estimate (GPU draw × country grid average, Ember data). EU-owned / EU HQ / EU DC / certs: from provider pages, what they mean.

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Where and who

Data-centre location of the cheapest offer: Nebius Finland, Gcore Luxembourg*. * = not published by the provider, HQ country shown.

Gcore
HQLuxembourg
OwnershipEU HQ G-Core Labs S.A. (Luxembourg); ownership not published
US parentUnclear
Non-EU regionsnot checked
CertificationsISO 27001, SOC 2
NotesEU regions: Luxembourg, Frankfurt, Paris, Amsterdam, Warsaw. GPU price rows don't say which region.
Sources1 2 3checked 2026-10-19
Nebius
HQNetherlands
OwnershipEU HQ Nebius Group N.V., listed on Nasdaq (NBIS); no controlling parent named
US parentNo
Non-EU regionsUS, UK, Israel regions
CertificationsISO 27001, SOC 2
NotesEU regions: Finland, Spain, France (+ Iceland, private).
Sources1 2 3checked 2026-10-19
Ownership and certification labels from provider pages, not legal advice. What they mean.

Among the 6 EU providers with a public L40S price, Gcore ranks 3rd and Nebius ranks 2nd (cheapest first). See all 6.

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