Meta’s Reality Labs, Big Sales, Huge Losses

⊲ UploadVR ⊳ Meta’s Reality Labs posted a record $1.083 billion in revenue for Q4 2024, contributing to an annual total of $2.146 billion, up 13% from the previous year. The growth was driven by strong sales of the Quest 3S headset. Despite this, since the fourth quarter of 2020, Meta has invested a total of $69 billion in Reality Labs and generated approximately $9 billion in revenue, resulting in an operating loss of approximately $60 billion.
⊲ Image – UploadVR ⊳