Key facts
- SoftBank Group posted a 1.1 trillion yen net loss for July-September, against a 2.5 trillion yen profit a year earlier.
- Analysts polled by LSEG had forecast a range from a 233 billion yen profit to a 113 billion yen loss.
- SoftBank has spent $64.6 billion on a 13% stake in OpenAI.
- SoftBank shares have almost halved in value since the start of June, the report said.
SoftBank Group reported a net loss of 1.1 trillion yen ($7 billion) for the July-September quarter, the Japanese technology investor said on November 10, 2026. A year earlier the company posted a 2.5 trillion yen profit, a period when it booked a large investment gain on the rising value of its stake in ChatGPT-maker OpenAI.
Analysts polled by LSEG had forecast a range from a 233 billion yen profit to a 113 billion yen loss, according to the report. SoftBank's results have been volatile and hard to predict.
The company has spent $64.6 billion on a 13% stake in OpenAI, one of its largest artificial intelligence bets. The report said the Democratic Party's success in US midterm elections the previous week raised expectations of regulatory scrutiny of the AI industry.
SoftBank shares have almost halved in value since the start of June, in line with other AI-related stocks, the report said. The yen was quoted at 157.9700 per dollar in the report.