The social media company reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating ...

Meta's core advertising business is thriving, with strong revenue growth and improved margins. Read why Reality Labs continues to struggle.

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

Meta’s Reality Labs division has again reported massive losses, with the latest Q2 2025 figures revealing an operating loss of $4.53 billion alongside sales revenue of just $370 million. This result ...

What makes that trend interesting isn’t just the precipitous drop in Quest sales; it’s the fact that at the same time, sales ...

Reality Labs is Meta’s long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024.

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

Meta’s newly published research gives us a glimpse at its future XR plans: it wants to make ultra-slim XR goggles.

While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't been there, and it's questionable whether it ever will be.

In 2022, Reality Labs lost $13.7 billion, in 2023, it lost $16.1 billion and so far for the first nine months of 2024, Reality Labs has lost $12.8 billion, on revenue of $1 billion.

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter.

While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't been there, and it's questionable whether it ever will be.