Solved: Complete List of Supported Guest Windows VM’s On Server 2016, 2012 R2, 2012 and 2008 R2

Yes, you can run Server 2016 VM’s on Server 2012 R2 Host.  In general Mircrosoft supports the release immediately after the host operating system (i.e. 2012 on 2008 R2, 2012 R2 on 2012 R1,…)

Server 2016 Supported Guest Operating Systems:

Windows Server 2016 is expected to be able to host Windows Server 2019 VM’s but as of today’s date the official line up for Server 2016 hosting VM’s is:

Guest Operating SystemMaximum Virtual CoresIntegration Services
Windows Server 2016240 for generation 2Built-in
Windows Server 201664 for generation 1Built-in
Windows Server 2012 R264Built-in
Windows Server 201264Built-in
Windows Server 2008 R2 with SP164Install all critical Windows updates after you
Windows Server 2008 with SP28Install all critical Windows updates after you set up the guest operating system.
Windows 1032Built-in
Windows 8.132Built-in
Windows 7 with SP14Upgrade the integration services after you set up the guest operating system.

Server 2012 R2 Supported Guest Operating Systems: