Meta Platforms Inc
Meta Platforms Inc Research & Development
  • Meta Platforms Inc annual research & development was $35.34 Billion in fiscal year 2022. The annual research & development Increased $10.68 Billion from $24.66 Billion (in 2021) to $35.34 Billion (in 2022).
    This Increased represents a research & development growth of +43.33% Billion year over year.


  • Meta Platforms Inc quarterly research & development was $9.38 Billion in the quarter ending in Mar 2023.
    The quarterly research & development Increased $1.67 Billion from $7.71 Billion (in Mar 2022) to $9.38 Billion (in Mar 2023).
    This Increased represents a research & development growth of +21.72% year over year.


  • In the last 5 years from 2018 to 2022 :
    • Highest research & development of Meta Platforms Inc was $35.34 Billion in fiscal year 2022.
    • Lowest research & development of Meta Platforms Inc was $10.27 Billion in fiscal year 2018.
    • Average research & development of Meta Platforms Inc was $20.46 Billion.


  • Explore additional financial metrics for Meta Platforms Inc.
  • Check out competitors to Meta Platforms Inc.


  • Definition of Research & Development :
    The direct cost incurred by a business towards research and development of an improved or a new product, service, process, or technology is known as the Research and Development Cost. For more details on research & development, examples and formulas, refer to our glossary.
Meta Platforms Inc: Research & Development
Meta Platforms Inc : Research & Development Details
2022

Meta Platforms Inc annual research & development was $35.34 Billion in fiscal year 2022.
Meta Platforms Inc quarterly research & development was $7.71 Billion (Mar) , $8.69 Billion (Jun) , $9.17 Billion (Sep) , and $9.77 Billion (Dec) in fiscal year 2022.

2021

Meta Platforms Inc annual research & development was $24.66 Billion in fiscal year 2021.
Meta Platforms Inc quarterly research & development was $5.20 Billion (Mar) , $6.10 Billion (Jun) , $6.32 Billion (Sep) , and $7.05 Billion (Dec) in fiscal year 2021.

2020

Meta Platforms Inc annual research & development was $18.45 Billion in fiscal year 2020.
Meta Platforms Inc quarterly research & development was $4.02 Billion (Mar) , $4.46 Billion (Jun) , $4.76 Billion (Sep) , and $5.21 Billion (Dec) in fiscal year 2020.

Meta Platforms Inc : Research & Development (year over year growth)
Meta Platforms Inc : Research & Development (Year Over Year Growth) Details
2022

Meta Platforms Inc annual research & development Increased +43.33% during fiscal year 2022 compared to 2021.
This represents an Increased in research & development of +$10.68 Billion from $35.34 Billion (in 2022) to $24.66 Billion (in 2021).

2021

Meta Platforms Inc annual research & development Increased +33.65% during fiscal year 2021 compared to 2020.
This represents an Increased in research & development of +$6.21 Billion from $24.66 Billion (in 2021) to $18.45 Billion (in 2020).

2020

Meta Platforms Inc annual research & development Increased +35.64% during fiscal year 2020 compared to 2019.
This represents an Increased in research & development of +$4.85 Billion from $18.45 Billion (in 2020) to $13.60 Billion (in 2019).

Meta Platforms Inc: Research & Development - Annual (Tabular)
Period research & development Y/Y Growth
2022 $35.34 Billion 43.33 %
2021 $24.66 Billion 33.65 %
2020 $18.45 Billion 35.64 %
Meta Platforms Inc : Research & Development - Quarterly (Tabular)
Period research & development Y/Y Growth
Mar 23 $9.38 Billion 21.72%
Dec 22 $9.77 Billion 38.67%
Sep 22 $9.17 Billion 45.19%
Jun 22 $8.69 Billion 42.55%
Mar 22 $7.71 Billion 48.30%
Dec 21 $7.05 Billion 35.32%
Sep 21 $6.32 Billion 32.61%
Jun 21 $6.10 Billion 36.62%
Mar 21 $5.20 Billion 29.44%
Dec 20 $5.21 Billion 34.30%
Sep 20 $4.76 Billion 34.24%
Jun 20 $4.46 Billion 34.60%
Mar 20 $4.02 Billion 40.38%
Dec 19 $3.88 Billion 35.80%
Sep 19 $3.55 Billion 33.53%
Jun 19 $3.32 Billion 31.39%
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