[Microsoft's cloud business is posting impressive growth](https://www.marketwatch.com/story/why-microsofts-stock-is-soaring-toward-a-historic-gain-after-earnings-96cd5b1e?mod=mw_rss_topstories) and the market is rewarding it. But here's what the data shows — Meta posted $56.3B annual revenue with 47.5% net margin and generated $13.2B in free cash flow, while MSFT generated in revenue at a net margin with in FCF.

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