{"id":834758,"date":"2026-07-30T00:10:10","date_gmt":"2026-07-30T00:10:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/834758\/"},"modified":"2026-07-30T00:10:10","modified_gmt":"2026-07-30T00:10:10","slug":"metas-reality-labs-lost-over-4-6-billion-in-second-quarter","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/834758\/","title":{"rendered":"Meta\u2019s Reality Labs lost over $4.6 billion in second quarter"},"content":{"rendered":"<p>Meta CEO Mark Zuckerberg and Meta President and Vice Chair Dina Powell McCormick attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026. <\/p>\n<p>Brendan McDermid | Reuters<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\" rel=\"nofollow noopener\" target=\"_blank\">Meta&#8217;s<\/a> Reality Labs unit, which develops virtual reality devices and wearables powered by AI, lost $4.62 billion in the latest quarter.<\/p>\n<p>In its second-quarter <a href=\"https:\/\/investor.atmeta.com\/investor-news\/press-release-details\/2026\/Meta-Reports-Second-Quarter-2026-Results\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">earnings report<\/a> on Wednesday, Meta said Reality Labs generated revenue of $431 million, up from $370 million a year earlier, while its operating loss widened from $4.53 billion a year ago. Analysts polled by StreetAccount were expecting a second-quarter loss of $5.07 billion on revenue of $423.4 million.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/108341792-17853384311785338427-47458468825-1080pnbcnews.jpg\" alt=\"Microsoft and Meta set to report earnings after the bell\"\/><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Meta CEO Mark Zuckerberg and Meta President and Vice Chair Dina Powell McCormick attend the annual Allen and&hellip;\n","protected":false},"author":2,"featured_media":834759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[2158,161,49,48,16326,244,2746,15850,13627,190,1942,61],"class_list":["post-834758","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-breaking-news-technology","tag-business-news","tag-ca","tag-canada","tag-earnings","tag-internet","tag-mark-zuckerberg","tag-meta-platforms-inc","tag-microsoft-corp","tag-mobile","tag-social-media","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/834758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=834758"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/834758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/834759"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=834758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=834758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=834758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}