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CNBC
SoftBank posts profit beat boosted by $8.2 billion investment gain from Intel
SoftBank saw net profits rise to 347.3 billion yen ($2.2 billion) for Q1, eclipsing analyst predictions of 120.23 billion yen. This was primarily fueled by a 1.3 trillion yen gain from shares in Intel, amid an 18% year-on-year profit decline. Additionally, SoftBank's Vision Fund benefitted from increased valuations in firms like ByteDance, registering a profit despite losses in other sectors.
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Published 6 Aug 2026, 07:55 UTC1 min read
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Summary
TL;DR
- SoftBank's Q1 net profit totaled 347.3 billion yen, exceeding forecasts.
- The profit was driven by a significant gain of 1.3 trillion yen from Intel shares.
- The Vision Fund showed gains due to an increase in ByteDance's valuation.
- SoftBank's Vision Fund reported a profit of 5.4 billion yen, down from 451.4 billion a year ago.
- The latest financial results come with an 18% decline year-on-year.
Interesting facts
- SoftBank invested approximately $2 billion in Intel the previous year.
- The Vision Fund's previous report included a nearly $20 billion gain mostly driven by OpenAI.