Bullish vs Microsoft
Microsoft is the larger business, with $331.84bn of revenue in fiscal 2026 against $244.81bn for Bullish (1.4 times as much). Microsoft grew faster (17.8% against -2.2%). Microsoft kept more of each dollar of sales as profit: a net margin of 40.3% against -0.3%. Bullish carries less debt relative to equity (3.1% against 10.4%).
| Latest fiscal year | BullishBLSH, 2025 | MicrosoftMSFT, 2026 |
|---|---|---|
| Revenue | $244.81bn | $331.84bn |
| Revenue growth | -2.2% | 17.8% |
| Net income | −$765m | $133.75bn |
| Operating margin | — | 46.8% |
| Net margin | -0.3% | 40.3% |
| Return on equity | -27.3% | 34.0% |
| Free cash flow | $18.7m | $66.99bn |
| Cash | $87.9m | $20.93bn |
| Total debt | $100.0m | $46.14bn |
| Debt to equity | 3.1% | 10.4% |
| Dividend per share | — | $3.64 |
| Dividend yield | — | 0.7% |
| Share buybacks | — | $22.27bn |
| Employees | — | 223,000 |
| Market value | $2.90bn | $3.88tn |
| Price vs our value range | — | Above our value range |
| Moat score | — | 90 (Strong) |
| Insider trades, 12 months | 0 buys, 12 sales | 1 buys, 28 sales |