Mark Zuckerberg, main enforcement serviceman of Meta Platforms Inc., wears a brace of Meta Ray-Ban Display AI glasses during the Meta Connect lawsuit successful Menlo Park, California, US, connected Wednesday, Sept. 17, 2025.
David Paul Morris | Bloomberg | Getty Images
Meta continues to descend wealth into the metaverse, anchored by virtual world and augmented world technologies.
The institution reported third-quarter earnings connected Wednesday and said that the Reality Labs part recorded an operating nonaccomplishment of $4.4 cardinal portion generating $470 cardinal successful income during the period.
Wall Street was expecting Reality Labs to station an operating nonaccomplishment of $5.1 cardinal connected $316 cardinal successful revenue.
The Reality Labs portion is liable for processing the company's Quest-branded household of VR headsets and Ray-Ban and Oakley AI astute glasses that Meta develops successful concern with eyewear elephantine EssilorLuxottica.
The company's Reality Labs part has present recorded implicit $70 cardinal successful cumulative losses since precocious 2020, underscoring the precocious costs of gathering VR, AR and different user hardware.
Finance main Susan Li told analysts connected Wednesday that Meta expects Reality Labs' gross for the 4th fourth to travel successful beneath what the institution reported for the aforesaid play past year. Li said this is successful portion due to the fact that the institution did not present a caller VR headset successful 2025.
"We're inactive expecting important year-over-year maturation successful AI glasses gross successful Q4 arsenic we payment from beardown request for the caller products that we've introduced, but that is much than offset by the headwinds to the Quest headsets," Li said.
Meta CEO Mark Zuckerberg successful September revealed the $799 Meta Ray-Ban Display glasses, which are the company's archetypal consumer-ready AI glasses that see a built-in show and an accompanying wristband with neural technology.
EssilorLuxottica said successful its astir caller earnings report earlier this period that those AI glasses helped assistance its income successful the 3rd quarter.
"Clearly determination is simply a assistance coming from Ray-Ban Meta wearables arsenic a merchandise category," EssilorLuxottica CFO Stefano Grassi said during a third-quarter net call.
With Meta's AI glasses becoming a astonishment hit, investors person been monitoring for immoderate signs that the institution whitethorn beryllium shifting its metaverse strategy.
Meta connected Monday said that Vishal Shah, who was starring its metaverse initiatives, is present a vice president of AI products successful the company's Superintelligence Labs division that works connected AI.
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