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Salesforce vs Microsoft: revenue, profit, margins and growth compared

Salesforce brought in $41.5B of revenue in fiscal 2025, Microsoft $331.8B in fiscal 2026. Revenue changed by +9.6% at Salesforce and +17.8% at Microsoft on the year before, so Microsoft grew faster. Salesforce kept 18.0% of its revenue as net profit, Microsoft 40.3%. Free cash flow was $14.4B at Salesforce and $67B at Microsoft.

Side by side, latest fiscal year

CRMMSFT
Fiscal year endedFY2025 (January 31, 2026)FY2026 (June 30, 2026)
Revenue$41.5B$331.8B
Revenue growth+9.6%+17.8%
Net income$7.5B$133.7B
Net margin18.0%40.3%
Free cash flow$14.4B$67B
Free cash flow margin34.7%20.2%
Earnings per share (diluted)$7.80$17.95
Cash$7.3B$20.9B
Debt$14.4B$40.3B
Price to earnings30.028.8
Market value$191.7B$3.83T
Dividend yieldn/a0.71%
Rank by revenue in sector#18 of 530 · Technology#3 of 530 · Technology

Over the years

Revenue
CRM FY2019: $13.3BCRM FY2020: $17.1BCRM FY2020: $21.3BCRM FY2022: $26.5BCRM FY2023: $31.4BCRM FY2024: $34.9BCRM FY2025: $37.9BCRM FY2025: $41.5BMSFT FY2019: $125.8BMSFT FY2020: $143BMSFT FY2021: $168.1BMSFT FY2022: $198.3BMSFT FY2023: $211.9BMSFT FY2024: $245.1BMSFT FY2025: $281.7BMSFT FY2026: $331.8BFY19FY20FY21FY22FY23FY24FY25FY26
CRM $41.5BMSFT $331.8B
Net income
CRM FY2019: $1.1BCRM FY2020: $126MCRM FY2020: $4.1BCRM FY2022: $1.4BCRM FY2023: $208MCRM FY2024: $4.1BCRM FY2025: $6.2BCRM FY2025: $7.5BMSFT FY2019: $39.2BMSFT FY2020: $44.3BMSFT FY2021: $61.3BMSFT FY2022: $72.7BMSFT FY2023: $72.4BMSFT FY2024: $88.1BMSFT FY2025: $101.8BMSFT FY2026: $133.7BFY19FY20FY21FY22FY23FY24FY25FY26
CRM $7.5BMSFT $133.7B
Net margin
CRM FY2019: 8.4%CRM FY2020: 0.7%CRM FY2020: 19.2%CRM FY2022: 5.5%CRM FY2023: 0.7%CRM FY2024: 11.9%CRM FY2025: 16.4%CRM FY2025: 18.0%MSFT FY2019: 31.2%MSFT FY2020: 31.0%MSFT FY2021: 36.5%MSFT FY2022: 36.7%MSFT FY2023: 34.1%MSFT FY2024: 36.0%MSFT FY2025: 36.1%MSFT FY2026: 40.3%FY19FY20FY21FY22FY23FY24FY25FY26
CRM 18.0%MSFT 40.3%
Revenue growth
CRM FY2020: +28.7%CRM FY2020: +24.3%CRM FY2022: +24.7%CRM FY2023: +18.3%CRM FY2024: +11.2%CRM FY2025: +8.7%CRM FY2025: +9.6%MSFT FY2020: +13.6%MSFT FY2021: +17.5%MSFT FY2022: +18.0%MSFT FY2023: +6.9%MSFT FY2024: +15.7%MSFT FY2025: +14.9%MSFT FY2026: +17.8%FY20FY21FY22FY23FY24FY25FY26
CRM +9.6%MSFT +17.8%
Free cash flow
CRM FY2019: $2.8BCRM FY2020: $3.7BCRM FY2020: $4.1BCRM FY2022: $5.3BCRM FY2023: $6.3BCRM FY2024: $9.5BCRM FY2025: $12.4BCRM FY2025: $14.4BMSFT FY2019: $38.3BMSFT FY2020: $45.2BMSFT FY2021: $56.1BMSFT FY2022: $65.1BMSFT FY2023: $59.5BMSFT FY2024: $74.1BMSFT FY2025: $71.6BMSFT FY2026: $67BFY19FY20FY21FY22FY23FY24FY25FY26
CRM $14.4BMSFT $67B

Fiscal years as each company reports them; the two may end in different months.

Questions about Salesforce and Microsoft

Which is bigger by revenue, Salesforce or Microsoft?

Microsoft is bigger by revenue: $331.8B in fiscal 2026, against $41.5B for Salesforce in fiscal 2025.

Which keeps more of its revenue as profit, Salesforce or Microsoft?

Salesforce had a net margin of 18.0% in fiscal 2025; Microsoft had 40.3% in fiscal 2026.

Which grew revenue faster, Salesforce or Microsoft?

In their latest fiscal years revenue changed by +9.6% at Salesforce and +17.8% at Microsoft.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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