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Facebook (META) Reality Labs lost $17.7 billion in 2024
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
The latest quarterly earnings report for the Meta company (formerly known as Facebook) has come out, and in addition to stats for Q4 2024, it also shared full-year details. That included the details on its Reality Labs VR division and how much money it has spent over the last year. With the $17.7 billion loss in the books for Reality Labs’ FY2024, stay tuned as we continue to follow for further updates and news on Meta and other company earnings results.
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