Company / R&D Expense
Meta Platforms R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$57.4B
FY2025
5-year range
$18.4B / $57.4B
FY2021-FY2025
Trend
+30.8%
vs FY2024
Sector context
#2 of 28
Communication Services
What the data says
Among 28 Communication Services companies, Meta Platforms is in the top 7% for r&d expense. R&D Expense has increased for 3 consecutive years, from $18.4B in FY2022 to $57.4B in FY2025.
Based on SEC 10-K filings.
$57.4B in FY2025 with a 5-year CAGR of +41.1%. Ranks 2nd among 28 companies in Communication Services.
Improved from $38.5B to $57.4B over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +46.0%
- 5-Year CAGR
- +41.1%
- 10-Year CAGR
- -
Sector benchmark
+1172.1% above sector average
Key checks
Key Insights
- Meta Platforms's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +41.1%, indicating consistent growth.
- In FY2025, r&d expense increased 30.8% year-over-year.
- Ranks #2 out of 28 companies in the Communication Services sector.
Company context
Key Data Points
- Strong profit margin: 30.9%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $57.4B | +30.8% |
| FY2024 | $43.9B | +14.0% |
| FY2023 | $38.5B | +108.6% |
| FY2022 | $18.4B | -25.2% |
| FY2021 | $24.7B | +140.0% |
| FY2020 | $10.3B | +32.5% |
| FY2019 | $7.8B | +31.0% |
| FY2018 | $5.9B | +22.9% |
| FY2017 | $4.8B | +80.6% |
| FY2016 | $2.7B | +88.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026