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

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 ...

Reality Labs is Meta's long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024. Below is a look at the long-term potential of Meta's Reality Labs segment.

It’s unclear exactly which products or services Meta is hoping to bring into the medical space. However, augmented reality glasses like the company’s Orion prototype seem like a natural fit.

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.

By dividing Reality labs into "Wearables" and "Metaverse," led by the company's Vice President of Metaverse Technologies Vishal Shah, Bosworth feels that Meta will be able to create "more ...

Meta's Reality Labs investment, including Ray-Ban smart glasses and Quest VR headsets, is set to hit $100 billion.

That led Reality Labs’ Q3 2023 revenue to drop to $210 million, and a loss of 27% year-over-year. That’s the lowest point on record since Meta began divulging Reality Labs revenue in Q4 2020.

Reality Labs hasn't been a major revenue driver for Meta (revenue declined from $1.1 billion in the fourth quarter of 2024 to $412 million in the first quarter of 2025).

Reality Labs has operations in Durham, although Meta has been mum on the total number of employees in the region. In 2021, Meta acquired Durham optics firm Imagineoptix, bolstering its local presence.