Meta Platforms (META) Research & Development (2011 - 2026)
Meta Platforms (META) posted quarterly Research & Development of $21.7 billion for 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.
- In Q2 2026, Research & Development rose 67.33% year-over-year to $21.7 billion; the TTM figure through Jun 2026 stood at $71.6 billion (up 47.85% YoY), while the FY2025 annual figure was $57.4 billion, up 30.77% from the prior year.
- Research & Development climbed to $21.7 billion in Q2 2026 per META's latest filing, from $17.7 billion in the prior quarter.
- Across five years, Research & Development topped out at $21.7 billion in Q2 2026 and bottomed at $7.7 billion in Q1 2022.
- Historically, Research & Development has averaged $11.9 billion across 5 years, with a median of $10.5 billion in 2023.
- Annual changes were most pronounced in 2023 — Research & Development climbed 0.77% — and 2026, when it soared 67.33%.
- Meta Platforms' Research & Development stood at $9.8 billion in 2022, then climbed by 7.63% to $10.5 billion in 2023, then rose by 15.81% to $12.2 billion in 2024, then surged by 40.68% to $17.1 billion in 2025, then rose by 26.38% to $21.7 billion in 2026.
- Business Quant data shows META's Research & Development at $21.7 billion in Q2 2026, $17.7 billion in Q1 2026, and $17.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 542.09 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 |