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

Microsoft brought in $331.8B of revenue in fiscal 2026, Nvidia $215.9B in fiscal 2026. Revenue changed by +17.8% at Microsoft and +65.5% at Nvidia on the year before, so Nvidia grew faster. Microsoft kept 40.3% of its revenue as net profit, Nvidia 55.6%. Free cash flow was $67B at Microsoft and $96.7B at Nvidia.

Side by side, latest fiscal year

MSFTNVDA
Fiscal year endedFY2026 (June 30, 2026)FY2026 (January 25, 2026)
Revenue$331.8B$215.9B
Revenue growth+17.8%+65.5%
Net income$133.7B$120.1B
Net margin40.3%55.6%
Free cash flow$67B$96.7B
Free cash flow margin20.2%44.8%
Earnings per share (diluted)$17.95$4.90
Cash$20.9B$10.6B
Debt$40.3B$8.5B
Price to earnings28.845.9
Market value$3.83T$5.45T
Dividend yield0.71%0.02%
Rank by revenue in sector#3 of 530 · Technology#4 of 530 · Technology

Over the years

Revenue
MSFT FY2019: $125.8BMSFT FY2020: $143BMSFT FY2021: $168.1BMSFT FY2022: $198.3BMSFT FY2023: $211.9BMSFT FY2024: $245.1BMSFT FY2025: $281.7BMSFT FY2026: $331.8BNVDA FY2019: $11.7BNVDA FY2020: $10.9BNVDA FY2021: $16.7BNVDA FY2022: $26.9BNVDA FY2023: $27BNVDA FY2024: $60.9BNVDA FY2025: $130.5BNVDA FY2026: $215.9BFY19FY20FY21FY22FY23FY24FY25FY26
MSFT $331.8BNVDA $215.9B
Net income
MSFT FY2019: $39.2BMSFT FY2020: $44.3BMSFT FY2021: $61.3BMSFT FY2022: $72.7BMSFT FY2023: $72.4BMSFT FY2024: $88.1BMSFT FY2025: $101.8BMSFT FY2026: $133.7BNVDA FY2019: $4.1BNVDA FY2020: $2.8BNVDA FY2021: $4.3BNVDA FY2022: $9.8BNVDA FY2023: $4.4BNVDA FY2024: $29.8BNVDA FY2025: $72.9BNVDA FY2026: $120.1BFY19FY20FY21FY22FY23FY24FY25FY26
MSFT $133.7BNVDA $120.1B
Net margin
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%NVDA FY2019: 35.3%NVDA FY2020: 25.6%NVDA FY2021: 26.0%NVDA FY2022: 36.2%NVDA FY2023: 16.2%NVDA FY2024: 48.8%NVDA FY2025: 55.8%NVDA FY2026: 55.6%FY19FY20FY21FY22FY23FY24FY25FY26
MSFT 40.3%NVDA 55.6%
Revenue growth
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%NVDA FY2020: -6.8%NVDA FY2021: +52.7%NVDA FY2022: +61.4%NVDA FY2023: +0.2%NVDA FY2024: +125.9%NVDA FY2025: +114.2%NVDA FY2026: +65.5%FY20FY21FY22FY23FY24FY25FY26
MSFT +17.8%NVDA +65.5%
Free cash flow
MSFT FY2019: $38.3BMSFT FY2020: $45.2BMSFT FY2021: $56.1BMSFT FY2022: $65.1BMSFT FY2023: $59.5BMSFT FY2024: $74.1BMSFT FY2025: $71.6BMSFT FY2026: $67BNVDA FY2022: $8.1BNVDA FY2023: $3.8BNVDA FY2024: $27BNVDA FY2025: $60.9BNVDA FY2026: $96.7BFY19FY20FY21FY22FY23FY24FY25FY26
MSFT $67BNVDA $96.7B

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

Questions about Microsoft and Nvidia

Which is bigger by revenue, Microsoft or Nvidia?

Microsoft is bigger by revenue: $331.8B in fiscal 2026, against $215.9B for Nvidia in fiscal 2026.

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

Microsoft had a net margin of 40.3% in fiscal 2026; Nvidia had 55.6% in fiscal 2026.

Which grew revenue faster, Microsoft or Nvidia?

In their latest fiscal years revenue changed by +17.8% at Microsoft and +65.5% at Nvidia.

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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