Meta's Family of Apps generated $50,294 million in operating income in 26H1, while Reality Labs lost $8,647 million.
Meta Platforms, Inc. sells advertising space on its Family of Apps and virtual reality products to 3.60 billion daily active users and global advertisers. Over the last twelve months, the company generated $228,248 million in revenue and $68,098 million in net income. Strengths: Family of Apps remains highly profitable, generating $116,278 million in revenue and $50,294 million in operating income