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Latest filing · META

Meta's Reality Labs lost $19.2B in 2025 on $2.2B of revenue

Facebook, Instagram, WhatsApp and Messenger earned $102.5B in operating income in 2025. Reality Labs, the headset and glasses unit, lost $19.2B, after losing $17.7B in 2024 and $16.1B in 2023.

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Revenue and net income, three fiscal yearsBy fiscal year, $bn
RevenueNet income
Revenue and net income by fiscal yearRevenue FY2023: $134.9B134.9Net income FY2023: $39.1B39.1FY2023Revenue FY2024: $164.5B164.5Net income FY2024: $62.4B62.4FY2024Revenue FY2025: $201.0B201.0Net income FY2025: $60.5B60.5FY2025

Source: 10-K FY2025, filed Jan 29, 2026

Meta · FY2025 revenue$201.0B+22.2% vs the year before
FY2025 net income$60.5B−3.1% vs the year before
Quarter ended Sep 30, 2026+26.1%revenue vs the same quarter a year earlier

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