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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,322.94 Bn | 3,893.90 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,508.67 Bn | 1,418.41 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Baidu | 298.52 Bn | 295.97 Bn | 1.88 Mn | 635.00 Mn |
| 4 | Spotify Technology | 100.48 Bn | 90.25 Bn | 1.75 Bn | 387.52 Mn |
| 5 | Joyy | 78.32 Bn | 77.46 Bn | 205.64 Mn | -61.54 Mn |
| 6 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 7 | Nebius | 48.55 Bn | 38.93 Bn | 295.20 Mn | 67.40 Mn |
| 8 | 31.08 Bn | 28.30 Bn | 734.60 Mn | 231.28 Mn | |
| 9 | Tencent Music Entertainment | 29.33 Bn | 27.04 Bn | 514.00 Mn | -39.00 Mn |
| 10 | Kanzhun | 15.28 Bn | 13.18 Bn | 255.62 Bn | -61.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.66 Bn |
| Mar 31, 2026 | 17.70 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Sep 30, 2025 | 2.85 Bn |
| Jun 30, 2025 | 2.98 Bn |
| Mar 31, 2025 | 12.15 Bn |
| Dec 31, 2024 | 12.18 Bn |
| Sep 30, 2024 | 11.18 Bn |
| Jun 30, 2024 | 2.72 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 | 4.57 Bn |
| Sep 30, 2022 | 3.78 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 7.71 Bn |
| Dec 31, 2021 | 7.05 Bn |
| Sep 30, 2021 | 3.55 Bn |