{"slug": "metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2", "title": "Meta’s Reality Labs division for VR and wearables loses $4.62B in Q2", "summary": "Meta's Reality Labs division reported a $4.62 billion operating loss in the second quarter ended June 30, with revenue of $431 million, up from $370 million a year earlier. The loss exceeded the $4.53 billion loss a year ago but was better than analyst expectations of a $5.07 billion loss on $423.4 million in revenue. CEO Mark Zuckerberg has shifted the division's focus from VR to AI glasses starting in late 2025.", "body_md": "*Become a member of GB MAX to gain exclusive access to the industry and to the most influential global B2B leadership community in the business of gaming, entertainment, and tech.*\n\n[Join now](https://go.gamesbeat.com/gb-max/)and also get a VIP ticket to GamesBeat Next (Nov 2-3, SF).Meta’s Reality Labs division reported that it lost $4.62 billion in the most recent quarter, showing the company is still investing heavily and still losing a lot of money in virtual reality and AI wearables.\n\nIn the second quarter ended June 30, Meta said in its [earnings report](https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Second-Quarter-2026-Results/default.aspx) that Reality Labs generated revenue of $431 million. That was up from $370 million a year earlier.\n\nBut the company’s operating loss grew to $4.53 billion a year ago. Analysts expected a second-quarter loss of $5.07 billion on revenue of $423.4 million.\n\nMark Zuckerberg, CEO of Meta, focused on VR starting in 2014 with its acquisition of Oculus for $2 billion, and it launched its first headset in 2016. A big fan of the metaverse, Zuckerberg changed the company’s name from Facebook to Meta in 2021. He has been losing billions of dollars a quarter in the Reality Labs division, but the focus shifted from VR to AI glasses starting in late 2025.", "url": "https://wpnews.pro/news/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2", "canonical_source": "https://gamesbeat.com/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2/", "published_at": "2026-07-29 21:22:00+00:00", "updated_at": "2026-07-29 23:05:50.938151+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["Meta", "Reality Labs", "Mark Zuckerberg", "Oculus"], "alternates": {"html": "https://wpnews.pro/news/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2", "markdown": "https://wpnews.pro/news/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2.md", "text": "https://wpnews.pro/news/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2.txt", "jsonld": "https://wpnews.pro/news/metas-reality-labs-division-for-vr-and-wearables-loses-4-62b-in-q2.jsonld"}}