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Research and Development Expenses of facebook

Facebook Research and Development Expenses 2010 to 2017

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The table below shows the research and development expenses of Facebook from 2010 to 2017.

Year R&D Expenses (Mn)
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

R&D costs of Facebook 2018 Q1 – 2.24 Billion Dollars

Facebook’s business is heavily dependent on technology and it has to continuously invest in new technologies so as to grow its business and the effectiveness of its advertisements and advertising campaigns. The social media giant has seen very fast  growth in its audience size and revenue over the recent years. It is investing in artificial intelligence research as well as augmented reality and virtual reality so as to develop technologies that can better serve its audience. Facebook’s R&D investment has grown rapidly during the recent years from 5.92 Billion USD in 2016 to 7.75 Billion USD in 2017. In the first quarter of 2018, the brand invested 2.24 Billion USD on R&D.

Sources:

Facebook Annual Reports

Written by Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.

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