Meta's Reality Labs Suffers $4.53 Billion Loss, Ray-Ban Smart Glasses Sales Soar
Summary
Meta's Reality Labs division posts a $4.53 billion operating loss in Q2 despite $370 million in sales, while EssilorLuxottica reports Ray-Ban Meta smart glasses sales more than tripled year-over-year in the first half of 2025.
Key Points
- Meta's Reality Labs posts $4.53 billion operating loss in Q2 while recording $370 million in sales
- Analysts projected Reality Labs to post $4.99 billion operating loss and $381 million in sales for Q2
- EssilorLuxottica says Ray-Ban Meta smart glasses sales more than tripled year-over-year in first half of 2025