Research and Development Expense (in billions USD)
2020
$18.45
2021
$24.66
2022
$35.34
2023
$38.48
2024
$43.87
2025 (E)
~$53.5
Notes:
The figure for 2025 is an estimate based on the actual Q1 2025 Research and Development expense of $12.15 billion and an assumed year-over-year growth rate for the remainder of the year.
Meta Platforms is scheduled to release its second-quarter 2025 financial results on July 30, 2025, which will provide more clarity on the full-year projections.