| Stage | MSFT | % of rev | META | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $92.3B | 100.00% | $64.6B | 100.00% | MSFT ×1.43 |
| Gross profit | $62.6B | 67.79% | $51.2B | 79.31% | META +11.5pp |
| Operating income | $45.9B | 49.76% | $13.0B | 20.10% | MSFT +29.7pp |
| Pre-tax income | $46.0B | 49.80% | $13.0B | 20.13% | MSFT +29.7pp |
| Net income | $36.6B | 39.69% | $9.9B | 15.26% | MSFT +24.4pp |
| Stage | MSFT | META | Gap · A − B |
|---|---|---|---|
| Revenue | $92.3B100.00% | $64.6B100.00% | MSFT ×1.43 |
| Gross profit | 67.79%$62.6B | 79.31%$51.2B | META +11.5pp |
| Operating income | 49.76%$45.9B | 20.10%$13.0B | MSFT +29.7pp |
| Pre-tax income | 49.80%$46.0B | 20.13%$13.0B | MSFT +29.7pp |
| Net income | 39.69%$36.6B | 15.26%$9.9B | MSFT +24.4pp |
MSFT · ANET 10-KFeb 19 '25
“For example, sales to our end customer Microsoft represented 20%, 18% and 16% of our total revenue for the years ended 2024, 2023 and 2022 respectively.”
META · ANET 10-KFeb 19 '25
“And sales to our end customer Meta Platforms represented 15%, 21% and 26% of our total revenue, respectively for the years ended 2024, 2023 and 2022.”
MSFT · TTWO 10-KMay 20 '25
“Sales to our five largest customers during the fiscal year ended March 31, 2025 accounted for 81.0% of our net revenue, with Apple, Sony, Google, and Microsoft each accounting for more than 10.0%.”
META · TTWO 10-KMay 20 '25
“We also derive significant revenues from distribution on third‑party mobile and web platforms, such as the Apple App Store, the Google Play Store, and Facebook, which are also our direct competitors and, in some cases, the exclusive means through which our content reaches gamers on those platforms, and most of the virtual currency we sell is purchased using these platform providers' payment processing systems.”
MSFT · MEDP 10-KFeb 10 '26
“We use our website (www.medpace.com) and our corporate Facebook, YouTube, LinkedIn, Vimeo and Instagram accounts as channels of distribution of company information.”
META · MEDP 10-KFeb 10 '26
“We use our website (www.medpace.com) and our corporate Facebook, YouTube, LinkedIn, Vimeo and Instagram accounts as channels of distribution of company information.”
MSFT · NBIS 20-FApr 30 '26
“In 2025 and early 2026, we secured significant long-term committed contracts with two large hyperscalers, Microsoft and Meta.”
META · NBIS 20-FApr 30 '26
“In 2025 and early 2026, we secured significant long-term committed contracts with two large hyperscalers, Microsoft and Meta.”
MSFT · CRWV 10-KMar 2 '26
“We recognized an aggregate of approximately 67% of our revenue from our top customer, Microsoft, for the year ended December 31, 2025.”
META · CRWV 10-KMar 2 '26
“Similarly, in September 2025, we entered into an order form under an existing master services agreement pursuant to which Meta Platforms, Inc. ("Meta") initially committed to pay us up to approximately $14.2 billion through December 2031 and, as a result, we also expect Meta to be a significant customer in future periods.”
MSFT · BKH 10-KFeb 11 '26
“In 2025, Wyoming Electric continued to grow its large-load demand from existing data center customers, Microsoft and Meta, under its LPCS Tariff.”
META · BKH 10-KFeb 11 '26
“In 2025, Wyoming Electric continued to grow its large-load demand from existing data center customers, Microsoft and Meta, under its LPCS Tariff.”
MSFT · DLB 10-KNov 18 '25
“In October 2025, Microsoft and Google joined Via LA's HEVC/VVC patent pool as licensees.”
META · DLB 10-KNov 18 '25
“Instagram for iOS is now the first Meta app to support Dolby Vision.”
MSFT · DV 10-KFeb 26 '26
“● Ad Servers and Ratings/Workflow Platforms : Innovid, Google, MediaOcean Prisma, Amazon and Microsoft”
META · DV 10-KFeb 26 '26
“● Social Platforms : Facebook, Instagram, YouTube, TikTok, X (formerly Twitter), Snapchat, and Pinterest”
MSFT · TDAY 10-KFeb 26 '26
“Our LocaliQ segment utilizes online media acquired from third parties, particularly Google, Facebook, and Microsoft, which account for a large majority of all U.S. internet searches and traffic.”
META · TDAY 10-KFeb 26 '26
“Our LocaliQ segment utilizes online media acquired from third parties, particularly Google, Facebook, and Microsoft, which account for a large majority of all U.S. internet searches and traffic.”
MSFT · U 10-KFeb 11 '26
“Most of these companies are also our partners and customers.”
META · U 10-KFeb 11 '26
“Most of these companies are also our partners and customers.”
MSFT · YEXT 10-KMar 10 '26
“We have established strategic relationships with over 200 third-party service and application providers that comprise our Publisher Network, including Amazon Alexa, Apple, Bing, Facebook, Gemini, Google, OpenAI, and Yelp and many others.”
META · YEXT 10-KMar 10 '26
“We have established strategic relationships with over 200 third-party service and application providers that comprise our Publisher Network, including Amazon Alexa, Apple, Bing, Facebook, Gemini, Google, OpenAI, and Yelp and many others.”
MSFT · ZIP 10-KFeb 25 '26
“We also use our Investor Relations page on our website at www.ziprecruiter.com, press releases, public conference calls, public webcasts, X feed (@ZipRecruiter), Facebook page, and LinkedIn page as means of disclosing material information and for complying with our disclosure obligations under Regulation FD.”
META · ZIP 10-KFeb 25 '26
“We also use our Investor Relations page on our website at www.ziprecruiter.com, press releases, public conference calls, public webcasts, X feed (@ZipRecruiter), Facebook page, and LinkedIn page as means of disclosing material information and for complying with our disclosure obligations under Regulation FD.”
MSFT · CAST 10-KSep 28 '26
“The product is also marketed through traditional pay-per-click, social and online advertising networks such as Google Adwords, Bing, Facebook, Twitter, and others, along with organic search engine optimization, or SEO, methods.”
META · CAST 10-KSep 28 '26
“The product is also marketed through traditional pay-per-click, social and online advertising networks such as Google Adwords, Bing, Facebook, Twitter, and others, along with organic search engine optimization, or SEO, methods.”
MSFT · INUV 10-KMar 5 '26
“Our hosted solutions are provided from geographically distributed facilities across the United States, complemented by on-demand services from third-party cloud providers, Microsoft Azure and Amazon Web Services (AWS), to support business continuity and enhance operational resilience.”
META · INUV 10-KMar 5 '26
“Our keyword advertising is done primarily with Google and Facebook, but also with Yahoo!.”