Facebook Research and Development Expenses

Research and Development Costs of Meta 2010-2021

Amounts are in millions.

YearR&D Expenses (Mn)
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 

2021: Meta Inc's research and development costs grew to $24,655 million in 2021 compared to $18,447 million in 2020.

 The research and development expenses of Facebook grew to $13.6 billion in 2019 from $10.3 billion in 2018.

About Facebook:

 Facebook is one of the leading social media platforms with an active user base that runs in billions. The company was incorporated in Delaware in July, 2004. It has its headquarters at Menlo Park, California. Apart from facebook, the company aslo owns messenger, Instagram, Whatsapp, and Oculus. Substantially all of facebook's revenue comes from advertising. The social media platform of Facebook provides attractive features for building communities and connecting with others as well as advertising and promotions.