Mark Zuckerberg, CEO of Meta, sent a message to employees

Meta reports Q4 operating loss of $4.279B for its metaverse division

Meta reported that its fourth-quarter results showed its biggest loss yet for its metaverse division, and it reminds us that Mark Zuckerberg’s vision of the metaverse is still very expensive.

The company’s losses in its VR division (Meta Reality Labs) hit $4.279 billion in the fourth quarter, compared with an operating loss of $3.304 billion in the same quarter a year ago. But the stock price is going up in after-hours trading as the results were better than expected.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.