MSFT
Microsoft Corporation
MSFT has the edge over PCOR overall, supported by lower modeled downside and stronger valuation.
PCOR
Procore Technologies, Inc.
PCOR offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
PCOR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Weak |
PCOR's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is weak.
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.
PCOR PE Valuation
PCOR 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.
PCOR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
PCOR 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 PCOR on earnings quality, reporting a profit while its opponent remains loss making.
PCOR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.23 | — |
| Q3 2026 | -$0.23 | +$0.61 |
| Q2 2026 | -$0.26 | +$0.70 |
| Q1 2026 | -$0.51 | +$0.35 |
| Q4 2025 | -$0.67 | +$0.05 |
| Q3 2025 | -$0.84 | -$0.33 |
| Q2 2025 | -$0.96 | -$0.32 |
| Q1 2025 | -$0.86 | +$0.11 |
| Q4 2024 | -$0.72 | +$0.62 |
PCOR is still losing money, but far less than before: $0.23 per share over the past year, against $2.94 at its worst in late 2021.
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 PCOR on sales, with stronger typical year-over-year growth.
| 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 PCOR on profitability, with a higher operating margin.
PCOR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $402.3M | +19% |
| Q2 2026 | $375.2M | +16% |
| Q1 2026 | $359.3M | +16% |
| Q4 2025 | $349.1M | +16% |
| Q3 2025 | $338.9M | +15% |
| Q2 2025 | $323.9M | +14% |
| Q1 2025 | $310.6M | +15% |
| Q4 2024 | $302M | +16% |
PCOR's revenue has grown year over year every quarter since late 2020: $402M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1.8% | +2.7 points |
| Q2 2026 | 1.1% | +11 points |
| Q1 2026 | -4.4% | +7.3 points |
| Q4 2025 | -12% | +9.7 points |
| Q3 2025 | -4.4% | +7.9 points |
| Q2 2025 | -9.3% | -4.1 points |
| Q1 2025 | -12% | -4.7 points |
| Q4 2024 | -22% | -7.6 points |
PCOR's operating margin was −1.8% last quarter, up 2.7 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's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
PCOR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $91.5M | +10% |
| Q2 2026 | $80.9M | +190% |
| Q1 2026 | $73.8M | +19% |
| Q4 2025 | $109.2M | +527% |
| Q3 2025 | $83.1M | +133% |
| Q2 2025 | $27.9M | -51% |
| Q1 2025 | $62M | -7.5% |
| Q4 2024 | $17.4M | -55% |
PCOR has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
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 PCOR 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.
PCOR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -2.4M shares |
| 1 year | +0.1% | +104K shares |
| 3 years | +5.3% | +7.6M shares |
| 5 years | +104% | +76.8M shares |
| Available history | +28% | +32.7M shares |
PCOR has 150M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $175M |
| Q2 2026 | — |
| Q1 2026 | $100M |
| Q4 2025 | $23,000 |
| Q3 2025 | $25.7M |
| Q2 2025 | $3.1M |
| Q1 2025 | $100M |
| Q1 2021 | — |
PCOR spent $275M buying back its own shares over the past year.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over PCOR on leverage, with a lower net debt burden relative to earnings.
PCOR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.5x | High |
| Q2 2026 | -10.5x | Net Cash |
| Q1 2026 | -42.3x | Net Cash |
PCOR's net debt is about 6.5 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).
PCOR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.9 | Neutral |
| Stochastic | 87.5 | Overbought |
PCOR's weekly RSI is 69 (neutral) and its Stochastic is 87 (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.
PCOR PE vs Technology Sector
PCOR 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's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
PCOR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.3 | 26% above |
| 20 week MA | $56.4 | 37% above |
| 50 week MA | $56.9 | 36% above |
| 100 week MA | $64.0 | 21% above |
| 200 week MA | $64.7 | 19% above |
PCOR has the edge over MSFT on trend strength, trading above more of its moving averages.
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 PCOR on returns for 2026, with the stronger performance.
PCOR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $88.6 | $81.7 | -7.8% |
| 2022 | $81.7 | $47.9 | -41% |
| 2023 | $47.9 | $69.2 | +44% |
| 2024 | $69.2 | $76.4 | +10% |
| 2025 | $76.4 | $74.5 | -2.4% |
| 2026 YTD | $74.5 | $77.2 | +3.6% |
PCOR has finished lower in three of the last five years. It's up 3.6% so far in 2026.