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

Microsoft brought in $331.8B of revenue in fiscal 2026, Block $24.2B in fiscal 2025. Revenue changed by +17.8% at Microsoft and +0.3% at Block on the year before, so Microsoft grew faster. Microsoft kept 40.3% of its revenue as net profit, Block 5.4%. Free cash flow was $67B at Microsoft and $2.4B at Block.

Side by side, latest fiscal year

MSFTXYZ
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$331.8B$24.2B
Revenue growth+17.8%+0.3%
Net income$133.7B$1.3B
Net margin40.3%5.4%
Free cash flow$67B$2.4B
Free cash flow margin20.2%10.0%
Earnings per share (diluted)$17.95$2.10
Cash$20.9B$6.6B
Debt$40.3B$7.3B
Price to earnings28.435.5
Market value$3.78T$44.8B
Dividend yield0.71%n/a
Rank by revenue in sector#3 of 731 · Technology#30 of 731 · 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: $331.8BXYZ FY2018: $3.3BXYZ FY2019: $4.7BXYZ FY2020: $9.5BXYZ FY2021: $17.7BXYZ FY2022: $17.5BXYZ FY2023: $21.9BXYZ FY2024: $24.1BXYZ FY2025: $24.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MSFT $331.8BXYZ $24.2B
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: $133.7BXYZ FY2018: -$38.5MXYZ FY2019: $375.4MXYZ FY2020: $213.1MXYZ FY2021: $166.3MXYZ FY2022: -$540.7MXYZ FY2023: $9.8MXYZ FY2024: $2.9BXYZ FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MSFT $133.7BXYZ $1.3B
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%XYZ FY2018: -1.2%XYZ FY2019: 8.0%XYZ FY2020: 2.2%XYZ FY2021: 0.9%XYZ FY2022: -3.1%XYZ FY2023: 0.0%XYZ FY2024: 12.0%XYZ FY2025: 5.4%FY18FY19FY20FY21FY22FY23FY24FY25FY26
MSFT 40.3%XYZ 5.4%
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%XYZ FY2019: +42.9%XYZ FY2020: +101.5%XYZ FY2021: +86.0%XYZ FY2022: -0.7%XYZ FY2023: +25.0%XYZ FY2024: +10.1%XYZ FY2025: +0.3%FY19FY20FY21FY22FY23FY24FY25FY26
MSFT +17.8%XYZ +0.3%
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: $67BXYZ FY2018: $233.9MXYZ FY2019: $265.1MXYZ FY2020: $34.7MXYZ FY2021: $713.5MXYZ FY2022: $5.1MXYZ FY2023: -$50.2MXYZ FY2024: $1.6BXYZ FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MSFT $67BXYZ $2.4B

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

Questions about Microsoft and Block

Which is bigger by revenue, Microsoft or Block?

Microsoft is bigger by revenue: $331.8B in fiscal 2026, against $24.2B for Block in fiscal 2025.

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

Microsoft had a net margin of 40.3% in fiscal 2026; Block had 5.4% in fiscal 2025.

Which grew revenue faster, Microsoft or Block?

In their latest fiscal years revenue changed by +17.8% at Microsoft and +0.3% at Block.

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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