Meta Platforms Research and Development Expenses 2010-2023 | META

Meta Platforms annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Meta Platforms research and development expenses for the quarter ending December 31, 2023 were $10.517B, a 7.63% increase year-over-year.
  • Meta Platforms research and development expenses for the twelve months ending December 31, 2023 were $38.483B, a 8.9% increase year-over-year.
  • Meta Platforms annual research and development expenses for 2023 were $38.483B, a 8.9% increase from 2022.
  • Meta Platforms annual research and development expenses for 2022 were $35.338B, a 43.33% increase from 2021.
  • Meta Platforms annual research and development expenses for 2021 were $24.655B, a 33.65% increase from 2020.
Meta Platforms Annual Research and Development Expenses
(Millions of US $)
2023 $38,483
2022 $35,338
2021 $24,655
2020 $18,447
2019 $13,600
2018 $10,273
2017 $7,754
2016 $5,919
2015 $4,816
2014 $2,666
2013 $1,415
2012 $1,399
2011 $388
2010 $144
2009 $87
Meta Platforms Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $10,517
2023-09-30 $9,241
2023-06-30 $9,344
2023-03-31 $9,381
2022-12-31 $9,771
2022-09-30 $9,170
2022-06-30 $8,690
2022-03-31 $7,707
2021-12-31 $7,046
2021-09-30 $6,316
2021-06-30 $6,096
2021-03-31 $5,197
2020-12-31 $5,207
2020-09-30 $4,763
2020-06-30 $4,462
2020-03-31 $4,015
2019-12-31 $3,877
2019-09-30 $3,548
2019-06-30 $3,315
2019-03-31 $2,860
2018-12-31 $2,855
2018-09-30 $2,657
2018-06-30 $2,523
2018-03-31 $2,238
2017-12-31 $1,949
2017-09-30 $2,052
2017-06-30 $1,919
2017-03-31 $1,834
2016-12-31 $1,563
2016-09-30 $1,542
2016-06-30 $1,471
2016-03-31 $1,343
2015-12-31 $1,313
2015-09-30 $1,271
2015-06-30 $1,170
2015-03-31 $1,062
2014-12-31 $1,111
2014-09-30 $608
2014-06-30 $492
2014-03-31 $455
2013-12-31 $409
2013-09-30 $369
2013-06-30 $344
2013-03-31 $293
2012-12-31 $297
2012-09-30 $244
2012-06-30 $705
2012-03-31 $153
2011-12-31 $124
2011-09-30 $108
2011-06-30 $99
2011-03-31 $57
2010-12-31 $45
2010-09-30 $41
2010-06-30 $32
2010-03-31 $25
2009-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $1274.091B $134.902B
Meta Platforms is the world's largest social media platform. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta's family of products used by billions of people on a monthly basis. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites. Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap. Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media).
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