SoftBank's Q2 net profit seen plunging 98% before results
Analysts expect SoftBank Group's net profit for July–September to have plunged 98%. The company reports on Tuesday, and its shares are down 23% this year.
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what happened
SoftBank Group is set to report second-quarter results on Tuesday. A poll of analysts by Visible Alpha, cited by Earnings Preview, puts net profit for the three months to September at 53.5 billion yen (about $337.6 million), a 98% drop. A year earlier the company earned 2.502 trillion yen, helped by gains on its OpenAI stake.
The shares are down 23% so far this year, after a 92% rise in 2025, as enthusiasm for the artificial-intelligence trade fades. Vision Funds profit in the first quarter fell to 5.43 billion yen from 451.39 billion yen a year earlier, mainly due to valuation losses at Symbotic and other holdings.
Separately, China has blocked SoftBank's $5.4 billion purchase of ABB's robotics unit. The Wall Street Journal reports that SoftBank is also in early talks to buy Allied Universal from its private-equity owners.
why it matters
Beyond the headline drop, investors will look for signs of a recovery in the tech funds and updates on the OpenAI investment, where the stake is about 13% after an October top-up. Management comments on the blocked ABB deal and the possible Allied Universal purchase could also move the shares.
market impact
SoftBank Group shares: weak expected profit and deal news weigh on the stock
- SoftBank Group shares mixed — expected profit slump offset by hopes for a tech-fund recovery
tags
instruments
sources
- SoftBank Group Second-Quarter Net Profit Likely Fell Sharply — Earnings Preview, 9 November 2026 at 08:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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