Meta burned $19 billion on VR last year, and 2026 won’t be any better

Meta burned $19 billion on VR last year, and 2026 won’t be any better

The reported financial losses follow a series of layoffs at the VR unit.

Meta is burning cash on VR like it's trying to keep warm

The latest earnings results from Meta are in, and it isn’t looking too great for its VR division, given the amount of spending on the technology compared to the amount of money coming in from it. VR has never really been a profitable division for Meta. However, the amount of money the company burned through in 2025 on VR is almost staggering. Since Meta took a major interest in VR several years ago, it has slowly started shifting toward AI and d…

Meta lost $19.1 billion on VR last year despite the mother of all pivots to AI including plans for AI-generated gaming

Forget the Metaverse, an "explosion" of new AI media formats are headed your way.

Meta retains 'optimism' in VR despite massive Reality Labs losses

Meta CEO Mark Zuckerberg claims losses within the division have likely peaked.

Meta's Reality Labs division generated $2.2bn, lost $19.2bn in FY25

Facebook parent company Meta has once again posted disappointing results for its metaverse-focused Reality Labs division, with little in the way of revenue compared to the mounting operational losses the arm is tallying up.