The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Meta → unnamed vendor(s)

$19.8B — Meta Platforms' Form 10-Q for the quarter ended March 31, 2026 states that capital expenditures, including principal payments on finance leases, were $19.84 billion for the three months ended March 31, 2026. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

low confidence · as of 2026-01-01T00:00:00Z ·

$19.8B — Meta Platforms' Form 10-Q for the quarter ended March 31, 2026 states that capital expenditures, including principal payments on finance leases, were $19.84 billion for the three months ended March 31, 2026. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

Sourced figures 1


the working

Basis

$19.8B — Meta Platforms' Form 10-Q for the quarter ended March 31, 2026 states that capital expenditures, including principal payments on finance leases, were $19.84 billion for the three months ended March 31, 2026. (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.