What is Meta Platforms, Inc.'s R&D?

Meta Platforms, Inc. (META) reported R&D of $17.7B in Q1 2026.

How has Meta Platforms, Inc.'s R&D changed year-over-year?

Meta Platforms, Inc.'s R&D increased by 45.7% year-over-year, from $12.15B to $17.7B.

What is the long-term trend for Meta Platforms, Inc.'s R&D?

Over 4 years (2021 to 2025), Meta Platforms, Inc.'s R&D has grown at a 23.5% compound annual growth rate (CAGR), from $24.66B to $57.37B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Meta Platforms, Inc. META R&D

R&D at other companies

AppleAAPL

$11.42B+33.6%

Match GroupMTCH

$116.81M-3.4%

VeriSignVRSN

$27.5M+5.8%

RobloxRBLX

$422M+12.8%

Pinterest, Inc.PINS

$380.79M+14.8%

SnapSNAP

$478.3M+12.8%

Other financials

Income statement

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Revenue$56.3B+33.1%

Gross profit$46.1B+32.7%

Operating income$22.9B+30.3%

Net income$26.8B+60.9%

EPS (diluted)$10.44+62.4%

Balance sheet

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Cash & equivalents$31.1B+3.4%

Total debt$86.8B+75.2%

Total equity$243.68B+31.7%

Total assets$395.25B+41.1%

Cash flow

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Operating cash flow$32.2B+34.1%

CapEx$19.0B+46.8%

Free cash flow$13.2B+19.3%

Valuation

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Market cap$1.38T-19.7%

Enterprise value$1.43T-17.4%

P/E19.5×-6.2×

P/S6.4×-3.7×

Profitability

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Gross margin81.9%+0.2pp

Operating margin41.2%-1.7pp

Net margin32.8%-6.3pp

FCF margin22.4%-8.3pp

Returns & leverage

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Return on equity32.9%-6.9pp

Debt / equity0.4×+0.1×

Current ratio2.3×-0.3×

Where this comes from

Reported directly by Meta Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Meta Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meta Platforms, Inc.'s R&D?: Meta Platforms, Inc. (META) reported R&D of $17.7B in Q1 2026.
How has Meta Platforms, Inc.'s R&D changed year-over-year?: Meta Platforms, Inc.'s R&D increased by 45.7% year-over-year, from $12.15B to $17.7B.
What is the long-term trend for Meta Platforms, Inc.'s R&D?: Over 4 years (2021 to 2025), Meta Platforms, Inc.'s R&D has grown at a 23.5% compound annual growth rate (CAGR), from $24.66B to $57.37B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.