No pressure Steam Frame: Meta's mixed reality division is still haemorrhaging money, losing $4.6 billion in its…
Meta's Reality Labs division reported a loss of $4.6 billion in the second quarter of 2026, continuing a trend of significant financial losses. Despite revenue increases, spending heavily outweighs income, potentially due to R&D and hardware manufacturing costs. This financial situation is highlighted as Valve prepares to enter the VR market with its Steam Frame.
- Entities
- Platform: Meta Quest 3
- Platform: Steam Deck
- Company: Valve
- Company: Meta
- Company: Xbox
- Person: Andrew Boz Bosworth
- Topic: Virtual Reality
- Topic: Mixed Reality
This article was reported and published by gamesradar.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.