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Reality Labs
Sourced & current · updated May 10, 2026Website
Reality Labs is Meta's hardware, AR, and VR division. Builds Meta Quest VR headsets (formerly Oculus), Ray-Ban Meta smart glasses (with EssilorLuxottica), the Meta Quest VR ecosystem, and Horizon Worlds metaverse platform. Distinct revenue segment in Meta's financials since 2021. Spends $15-20B+ per year on Meta's metaverse/AR future bet.
Where they sit
Stack tier: Infrastructure & Data (B)
Ownership
Parent: Meta Platforms
Subsidiaries