Reality Labs remains at an early stage, though it is considered a critical piece of Meta's longer-term vision of immersive digital experiences. As a result, it continues to incur significant losses. This quarter, Meta spoke about its long-term goal of developing its metaverse and VR/AR capabilities. Mark Zuckerberg mentioned that this technology would change the way digital interactions are conducted over the long term. While Reality Labs posted a significant operating loss, profitability for Meta as a whole was good enough to digest these costs and showcase the resilience of its core business.