In its Q2 2025 earnings report, Facebook reported that Reality Labs lost $4.5 billion during the quarter. This is compared to ...

At the bottom line of its overall revenue, Facebook Reality Labs accounted for about $3.846 billion worth of losses. The division only made about $440 million of that back.

By the time Facebook had fully integrated Oculus VR into its folds and rebranded it all as Facebook Reality Labs in 2020, the division was burning through cash—the popularity of the Oculus Quest ...

Meta Platforms Inc., the parent company of Facebook and Instagram, continues to face financial challenges in its efforts to ...

Since 2020, spending on Reality Labs — which includes the development of the company's virtual reality headsets and its lackluster "metaverse" experience — has grown steadily, with reported ...

Meta (META)’s Reality Labs is still bleeding cash. The division, which focuses on the company’s AR, VR, and metaverse initiatives, reported a loss of $4.48B in its Q2 earnings on Wednesday.

However, despite the proliferation of Meta's AI tools, the losses from Reality Labs are only growing, and the company expects them to continue to grow in 2025 as well. Apple dials back the Vision Pro ...

Meta laid off employees in Reality Labs amid restructuring efforts in hardware and VR. The layoffs affected Oculus Studios and Supernatural, Meta's VR gaming and fitness apps. Meta's Reality Labs ...

Reality Labs revenue rose 29% year over year to $270 million in the third quarter, below analysts' expectations of $310.4 million.

Reality Labs has reported cumulative losses of more than $60 billion since late 2020, including a loss of $3.85 billion in the first quarter of last year. In late 2021, Zuckerberg changed the name ...