MSFT
Microsoft Corporation
MSFT has the edge over PAR overall, supported by lower modeled downside and stronger valuation.
PAR
PAR Technology Corporation
PAR's outlook is improving, though it still trails on the overall score.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
PAR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
PAR's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
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.
PAR PE Valuation
PAR has no meaningful PE right now: it lost money over the past year.
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.
PAR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
PAR has the edge over MSFT on the outlook, with more favorable profitability expectations.
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 PAR on earnings quality, reporting a profit while its opponent remains loss making.
PAR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.32 | — |
| Q3 2026 | -$1.54 | +$0.59 |
| Q2 2026 | -$1.77 | +$0.47 |
| Q1 2026 | -$1.88 | -$1.76 |
| Q4 2025 | -$2.09 | -$1.95 |
| Q3 2025 | -$2.13 | -$1.88 |
| Q2 2025 | -$2.24 | -$1.99 |
| Q1 2025 | -$0.12 | +$2.45 |
| Q4 2024 | -$0.14 | +$2.39 |
PAR is still losing money, but far less than before: $1.54 per share over the past year, against $3.53 at its worst in mid-2022.
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 PAR 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 PAR on profitability, with a higher operating margin.
PAR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $137.1M | +15% |
| Q2 2026 | $133.4M | +19% |
| Q1 2026 | $124M | +19% |
| Q4 2025 | $120.1M | +14% |
| Q3 2025 | $119.2M | +23% |
| Q2 2025 | $112.4M | +44% |
| Q1 2025 | $103.9M | -1.6% |
| Q4 2024 | $105M | -2.5% |
PAR's revenue has grown year over year for six quarters in a row: $137M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4% | +11 points |
| Q2 2026 | -9.7% | +5.7 points |
| Q1 2026 | -11% | +4 points |
| Q4 2025 | -15% | +0.6 points |
| Q3 2025 | -15% | +0.9 points |
| Q2 2025 | -15% | +11 points |
| Q1 2025 | -15% | +8.2 points |
| Q4 2024 | -16% | -1.7 points |
PAR's operating margin was −4% last quarter, up 11 points from the same quarter a year ago, near the top of its range since 2019.
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 has the edge over PAR on cash generation, producing positive trailing cash flow while its opponent burns cash.
PAR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.6M | +192% |
| Q2 2026 | $6.8M | +$14.2M |
| Q1 2026 | -$17M | +$619K |
| Q4 2025 | -$12.5M | -492% |
| Q3 2025 | $7M | -16% |
| Q2 2025 | -$7.4M | +$6.8M |
| Q1 2025 | -$17.6M | +$6M |
| Q4 2024 | $3.2M | +249% |
PAR has burned cash in most quarters: −$2M over the past year, against −$15M 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 the edge over PAR on shareholder dilution, with a more favorable share count trend.
| 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.
PAR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +84K shares |
| 1 year | +1.9% | +783K shares |
| 3 years | +51% | +13.9M shares |
| 5 years | +59% | +15.4M shares |
| Available history | +155% | +25.1M shares |
PAR has 41M diluted shares, up 1.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $33.1M |
| Q3 2020 | $497,000 |
| Q2 2020 | $179,000 |
| Q1 2020 | $153,000 |
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over PAR on leverage, with a lower net debt burden relative to earnings.
PAR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1,866.6x | High |
PAR's net debt is more than 20 years of its operating earnings (EBITDA).
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).
PAR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.7 | Neutral |
| Stochastic | 83.5 | Overbought |
PAR's weekly RSI is 60 (neutral) and its Stochastic is 84 (overbought).
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.
PAR PE vs Technology Sector
PAR has no meaningful PE right now: it lost money over the past year.
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 has the edge over PAR on trend strength, trading above more of its moving averages.
PAR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.4 | 25% above |
| 20 week MA | $17.6 | 24% above |
| 50 week MA | $19.9 | 9.2% above |
| 100 week MA | $38.7 | 44% below |
| 200 week MA | $41.2 | 47% below |
PAR has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 47% below its 200-week average.
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 the edge over PAR on returns for 2026, with the stronger performance.
PAR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.9 | $66.8 | +116% |
| 2021 | $66.8 | $55.2 | -17% |
| 2022 | $55.2 | $24.3 | -56% |
| 2023 | $24.3 | $43.5 | +79% |
| 2024 | $43.5 | $73.3 | +68% |
| 2025 | $73.3 | $37.7 | -49% |
| 2026 YTD | $37.7 | $21.8 | -42% |
PAR's yearly returns have swung widely, from +116% in 2020 to −56% in 2022. It's down 42% so far in 2026.