The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Microsoft → unnamed vendor(s)

$37.5B — On its earnings call of January 28, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said that capital expenditures were $37.5 billion for the quarter ended December 31, 2025. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

low confidence · as of 2025-10-01T00:00:00Z ·

$37.5B — On its earnings call of January 28, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said that capital expenditures were $37.5 billion for the quarter ended December 31, 2025. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)


the working

Basis

$37.5B — On its earnings call of January 28, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said that capital expenditures were $37.5 billion for the quarter ended December 31, 2025. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Research · Q1.