SoftBank logs sixth straight quarterly profit in Q1 on OpenAI gains

▤ Summary

SoftBank reported that net profit more than tripled to 1.83 trillion yen in the January-March quarter, driven by a 3.1 trillion yen gain linked to its investment in OpenAI. The Vision Fund’s OpenAI stake has produced cumulative gains SoftBank values at $45 billion, and the group previously said it would invest an additional $30 billion in OpenAI during 2026. SoftBank has raised liquidity by selling stakes in holdings like T-Mobile and Nvidia, issuing bonds, and arranging a $40 billion bridge loan (with $20 billion drawn in April and $2.5 billion repaid). The company also booked a sizable gain on Intel and continues to expand into robotics, including its planned acquisition of ABB’s robotics business and creation of a robotics subsidiary.

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