After losing $20 billion in 2025 alone in the business that Mark Zuckerberg changed company’s name for, Meta tells investors: Don’t expect…

Meta’s Reality Labs division, the very reason Facebook became “Meta” back in 2021, bled $19.19 billion in 2025. And the company’s message to investors during its Q4 earnings call this week was blunt: expect more of the same in 2026.

CEO Mark Zuckerberg acknowledged that Reality Labs losses this year would be “similar to 2025 levels,” even after laying off roughly 1,500 employees from the metaverse-focused division earlier this month. The unit recorded its worst quarter ever in Q4 2025, losing $6.02 billion on just $955 million in revenue.

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