Meta vs Snap — R&D Spend Comparison

Meta (META) r&d spend was $57.4B in FY2025 (+31% YoY); Snap (SNAP) r&d spend was $1.8B in FY2025 (+6% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Meta	Snap
2025	$57.4B	$1.8B
2024	$43.9B	$1.7B
2023	$38.5B	$1.9B
2022	$35.3B	$2.1B
2021	$24.7B	$1.6B
2020	$18.4B	$1.1B
2019	$13.6B	$884M
2018	$10.3B	$772M
2017	$7.8B	$1.5B
2016	$5.9B	$184M
2015	$4.8B	$82M
2014	$2.7B	—
2013	$1.4B	—
2012	$1.4B	—
2011	$388M	—
2010	$144M	—

Meta — Annual R&D Spend

Fiscal Year	R&D Spend	YoY
2025	$57.4B	+31%
2024	$43.9B	+14%
2023	$38.5B	+9%
2022	$35.3B	+43%
2021	$24.7B	+34%
2020	$18.4B	+36%
2019	$13.6B	+32%
2018	$10.3B	+32%
2017	$7.8B	+31%
2016	$5.9B	+23%
2015	$4.8B	+81%
2014	$2.7B	+88%
2013	$1.4B	+1%
2012	$1.4B	+261%
2011	$388M	+169%
2010	$144M

Snap — Annual R&D Spend

Fiscal Year	R&D Spend	YoY
2025	$1.8B	+6%
2024	$1.7B	-11%
2023	$1.9B	-9%
2022	$2.1B	+35%
2021	$1.6B	+42%
2020	$1.1B	+25%
2019	$884M	+14%
2018	$772M	-50%
2017	$1.5B	+736%
2016	$184M	+123%
2015	$82M

Source: META on EDGAR · SNAP on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.