Meta Platforms (META) Research & Development (2011 - 2026)
Meta Platforms' (META) quarterly Research & Development came in at $21.7 billion in Q2 2026, up 67.33% year-over-year from $12.9 billion in Q2 2025, and up 22.36% quarter-over-quarter from $17.7 billion in Q1 2026.
Analysis
Meta Platforms (META) Research & Development (2011 - 2026) Analysis & Trends
Meta Platforms (META) has reported Research & Development for 16 consecutive years, with $21.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 67.33% year-over-year to $21.7 billion in Q2 2026; TTM through Jun 2026 was $71.6 billion, a 47.85% increase from a year earlier, with the FY2025 full-year figure at $57.4 billion, up 30.77% from the prior year.
- Research & Development was $21.7 billion for Q2 2026 at Meta Platforms, up from $17.7 billion in the prior quarter.
- Over five years, Research & Development peaked at $21.7 billion in Q2 2026 and troughed at $7.7 billion in Q1 2022.
- A 5-year average of $11.9 billion and a median of $10.5 billion in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development advanced 0.77% in 2023 and surged 67.33% in 2026, its largest moves.
- Over 5 years, Research & Development stood at $9.8 billion in 2022, then gained by 7.63% to $10.5 billion in 2023, then grew by 15.81% to $12.2 billion in 2024, then soared by 40.68% to $17.1 billion in 2025, then grew by 26.38% to $21.7 billion in 2026.
- The last three Research & Development figures came in at $21.7 billion (Q2 2026), $17.7 billion (Q1 2026), and $17.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 21.66 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 231.28 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -148.13 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 451.01 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 158.25 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 542.09 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 10.38 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -53.02 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 20.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.66 Bn |
| Mar 31, 2026 | 17.70 Bn |
| Dec 31, 2025 | 17.14 Bn |
| Sep 30, 2025 | 15.14 Bn |
| Jun 30, 2025 | 12.94 Bn |
| Mar 31, 2025 | 12.15 Bn |
| Dec 31, 2024 | 12.18 Bn |
| Sep 30, 2024 | 11.18 Bn |
| Jun 30, 2024 | 10.54 Bn |
| Mar 31, 2024 | 9.98 Bn |
| Dec 31, 2023 | 10.52 Bn |
| Sep 30, 2023 | 9.24 Bn |
| Jun 30, 2023 | 9.34 Bn |
| Mar 31, 2023 | 9.38 Bn |
| Dec 31, 2022 | 9.77 Bn |
| Sep 30, 2022 | 9.17 Bn |
| Jun 30, 2022 | 8.69 Bn |
| Mar 31, 2022 | 7.71 Bn |
| Dec 31, 2021 | 7.05 Bn |
| Sep 30, 2021 | 6.32 Bn |