Business Segments · Revenue

Reality Labs — Revenue

Meta Platforms, Inc. Reality Labs — Revenue decreased by 57.9% to $402.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $412.00M to $402.00M. Over 4 years (FY 2021 to FY 2025), Reality Labs — Revenue shows relatively stable performance with a -0.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026
Rolls up toTotal Revenue

How to read this metric

An increase signals growing consumer adoption of next-generation computing platforms and successful diversification away from traditional advertising.

Detailed definition

Revenue generated by the Reality Labs segment, which focuses on augmented and virtual reality hardware, software, and co...

Peer comparison

Similar to hardware and services revenue in the gaming or wearable tech divisions of Apple, Sony, or Microsoft.

Metric ID: meta_segment_reality_labs_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$305.00M$558.00M$877.00M$695.00M$452.00M$285.00M$726.00M$339.00M$276.00M$210.00M$1.07B$440.00M$353.00M$270.00M$1.08B$412.00M$370.00M$470.00M$955.00M$402.00M
QoQ Change+83.0%+57.2%-20.8%-35.0%-36.9%+154.7%-53.3%-18.6%-23.9%+410.0%-58.9%-19.8%-23.5%+301.1%-62.0%-10.2%+27.0%+103.2%-57.9%
YoY Change+48.2%-48.9%-17.2%-51.2%-38.9%-26.3%+47.5%+29.8%+27.9%+28.6%+1.1%-6.4%+4.8%+74.1%-11.8%-2.4%
Range$210.00M$1.08B
CAGR+6.0%
Avg YoY Growth+3.7%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Meta Platforms, Inc.'s reality labs — revenue?
Meta Platforms, Inc. (META) reported reality labs — revenue of $402.00M in Q1 2026.
How has Meta Platforms, Inc.'s reality labs — revenue changed year-over-year?
Meta Platforms, Inc.'s reality labs — revenue decreased by 2.4% year-over-year, from $412.00M to $402.00M.
What is the long-term trend for Meta Platforms, Inc.'s reality labs — revenue?
Over 4 years (2021 to 2025), Meta Platforms, Inc.'s reality labs — revenue has grown at a -0.7% compound annual growth rate (CAGR), from $2.27B to $2.21B.
What does reality labs — revenue mean?
The total money earned from selling VR/AR products and digital content.