IBTA
Ibotta, Inc.
IBTA's outlook is improving, though it still trails on the overall score.
MSFT
Microsoft Corporation
MSFT has the edge over IBTA overall, supported by lower modeled downside and stronger fundamentals.
IBTA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Strong |
IBTA's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
IBTA PE Valuation
IBTA has no meaningful PE right now: it lost money over the past year.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
IBTA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
IBTA has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
IBTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.66 | -121% |
| Q2 2026 | -$0.46 | -113% |
| Q1 2026 | -$0.33 | -115% |
| Q4 2025 | $0.12 | -95% |
| Q3 2025 | $3.19 | +2179% |
| Q2 2025 | $3.65 | +$3.74 |
| Q1 2025 | $2.25 | +29% |
| Q4 2024 | $2.56 | +102% |
IBTA has swung to a loss: it lost $0.66 per share over the past year, after a profit the year before.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over IBTA on earnings quality, reporting a profit while its opponent remains loss making.
IBTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $97.8M | +17% |
| Q2 2026 | $88.9M | +3.3% |
| Q1 2026 | $82.5M | -2.5% |
| Q4 2025 | $88.5M | -10% |
| Q3 2025 | $83.3M | -16% |
| Q2 2025 | $86M | -2.2% |
| Q1 2025 | $84.6M | +2.7% |
| Q4 2024 | $98.4M | -1.3% |
IBTA's revenue grew through 2024 and has held roughly level since: $98M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.8% | +2 points |
| Q2 2026 | -2.1% | -3.5 points |
| Q1 2026 | -13% | -9.8 points |
| Q4 2025 | -1.9% | -15 points |
| Q3 2025 | 2.8% | -18 points |
| Q2 2025 | 1.4% | +26 points |
| Q1 2025 | -3.3% | -23 points |
| Q4 2024 | 13% | -13 points |
IBTA's operating margin was 4.8% last quarter, up 2 points from the same quarter a year ago.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over IBTA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over IBTA on profitability, with a higher operating margin.
IBTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.5M | +48% |
| Q2 2026 | $12.4M | -44% |
| Q1 2026 | $27.3M | +52% |
| Q4 2025 | $20.3M | -6.8% |
| Q3 2025 | $14.5M | -63% |
| Q2 2025 | $22.2M | -36% |
| Q1 2025 | $18M | -6.5% |
| Q4 2024 | $21.8M | +0.4% |
IBTA has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
IBTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +68.4K shares |
| 1 year | -21% | -6M shares |
| 3 years | -23% | -6.9M shares |
IBTA has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.9M |
| Q2 2026 | $26M |
| Q1 2026 | $44.8M |
| Q4 2025 | $54.8M |
| Q3 2025 | $38M |
| Q2 2025 | $70.4M |
| Q1 2025 | $69.8M |
| Q4 2024 | $15.7M |
IBTA spent $139M buying back its own shares over the past year, down 28% from the year before.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
IBTA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -53.4x | Net Cash |
| Q1 2026 | -1,055.1x | Net Cash |
| Q4 2025 | -25.0x | Net Cash |
| Q3 2025 | -10.4x | Net Cash |
| Q2 2025 | -6.1x | Net Cash |
| Q1 2025 | -16.9x | Net Cash |
| Q4 2024 | -9.7x | Net Cash |
| Q3 2024 | -7.3x | Net Cash |
IBTA has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
IBTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 78.6 | Overbought |
| Stochastic | 82.4 | Overbought |
IBTA's weekly RSI is 79 (overbought) and its Stochastic is 82 (overbought).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
IBTA PE vs Technology Sector
| Metric | IBTA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
IBTA has no meaningful PE right now: it lost money over the past year.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
IBTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.4 | 20% above |
| 20 week MA | $40.4 | 44% above |
| 50 week MA | $32.7 | 78% above |
| 100 week MA | $37.9 | 53% above |
IBTA has stronger trend alignment. IBTA is above 4 of 4 weekly averages versus MSFT above 4 of 5.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
IBTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $98.0 | $65.8 | -33% |
| 2025 | $65.8 | $22.2 | -66% |
| 2026 YTD | $22.2 | $58.1 | +162% |
IBTA has the edge over MSFT on returns for 2026, with the stronger performance.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.