--- title: "SoftBank records $12 billion fourth quarter profit" type: "News" locale: "en" url: "https://longbridge.com/en/news/286210887.md" description: "SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant increase from 517 billion yen a year earlier. This marks five consecutive quarters of profit, largely driven by its investment in OpenAI, which yielded a gain of 3.1 trillion yen. SoftBank plans to invest an additional $30 billion in OpenAI by 2026, totaling $64.4 billion for a 13% stake. To manage expenses, it has sold stakes in companies like T-Mobile and Nvidia and issued bonds backed by its holdings." datetime: "2026-05-13T06:44:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286210887.md) - [en](https://longbridge.com/en/news/286210887.md) - [zh-HK](https://longbridge.com/zh-HK/news/286210887.md) --- # SoftBank records $12 billion fourth quarter profit TOKYO, May 13 (Reuters) - Technology investor SoftBank Group recorded a net profit of 1.9 trillion yen ($12.05 billion) in the January-March quarter, it said on Wednesday. The results compare to a net profit of 517 billion yen in the same period a year earlier. SoftBank has now booked a net profit for five consecutive quarters as its mammoth investment in OpenAI pays off. The Vision Fund unit, which holds SoftBank's stake in OpenAI, registered an investment gain of 3.1 trillion yen over the quarter. The rising value of the ChatGPT-maker over multiple funding rounds over the past year has been the primary driver of SoftBank's performance. SoftBank has pledged a further $30 billion to OpenAI over the course of 2026, which would bring its total committed investment to $64.4 billion for a stake of about 13%. It has sold off stakes in holdings such as T-Mobile and Nvidia, issued bonds and taken out loans, backed by its holding of chip designer Arm and its domestic telecommunications arm SoftBank Corp, to cover its outgoings. ($1 = 157.7300 yen) (Reporting by Anton Bridge; Editing by John Mair) ### Related Stocks - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [TMUS.US](https://longbridge.com/en/quote/TMUS.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [ARM.US](https://longbridge.com/en/quote/ARM.US.md) - [9434.JP](https://longbridge.com/en/quote/9434.JP.md) - [TMUSL.US](https://longbridge.com/en/quote/TMUSL.US.md) - [TMUSZ.US](https://longbridge.com/en/quote/TMUSZ.US.md) - [TMUSI.US](https://longbridge.com/en/quote/TMUSI.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [SOBKY.US](https://longbridge.com/en/quote/SOBKY.US.md) ## Related News & Research - [SoftBank notches its best trading day since 2000, boosted by IPO plans at one of its units and OpenAI](https://longbridge.com/en/news/287227898.md) - [OpenAI is hiring workers to reduce 'friction' in communities where it's building data centers](https://longbridge.com/en/news/286747557.md) - [--OpenAI Preparing to File for IPO in Coming Days or Weeks, The Wall Street Journal Reports](https://longbridge.com/en/news/287097580.md) - [Cheap AI could derail OpenAI and Anthropic's IPOs](https://longbridge.com/en/news/287102333.md) - [Sam Altman beat Elon Musk in court. Now OpenAI's rivalry with Anthropic takes center stage.](https://longbridge.com/en/news/286815821.md)