Meta is reviving its long-awaited  AI wearable project to enter the global smartwatch market. The company is preparing to ...

Reality Labs, the Meta unit that develops technology for the metaverse, lost $21.3 billion since January 2022. Operating costs for the unit were also down $3.7 billion last quarter.

A 2025 report adds that “ Meta could shift focus to AI and Ray-Ban smart glasses ,” a shift Zuckerberg appears to have ...

Meta Platforms Inc.’s META Reality Labs has reported a $3.7 billion operating loss in its latest financial report, primarily attributed to decreased Quest 2 sales, shedding light on the ...

Reality Labs produced operating losses of $13.7 billion and $10.2 billion in 2022 and 2021, respectively. The net effect on operating margin for 2022 was nearly 12.5 percentage points.

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.

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 ...

For Reality Labs, I am assuming that the AR/VR/MR market will grow from $100 billion in 2027 to $906 billion in 2034. I then assume certain market positions, and add the FCF from the highlighted ...

For this valuation, we are anticipating that Reality Labs will generate $33.3 billion in revenue by 2031, which represents only a fraction of the future XR market, which will be worth over $900 ...

Reality Labs cost Meta $2.9 billion in the first quarter of 2022 and $3.3 billion in the final quarter of 2021. Zuckerberg told investors in an April conference call that the company would "slow ...

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