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SoftBank Vision Fund posts $4.8 billion gain to drive quarterly profit

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Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025.

Kiyoshi Ota | Bloomberg | Getty Images

SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm.

The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quarter of profit for SoftBank. The company reported a 174.28 billion yen loss in the same period last year.

In the fiscal first quarter, SoftBank said the value of its Vision Funds rose $4.8 billion. Profit for the Vision Funds segment, which takes into account other factors like expenses, hit 451.4 billion yen in the quarter, versus a loss in the same period last year.

SoftBank has been on spending spree related to AI. The Japanese giant is leading a $40 billion funding round into ChatGPT developer OpenAI and it is currently waiting for its $6.5 proposed acquisition of AI chip firm Ampere Computing to close.

Meanwhile, SoftBank is a key company in the massive $500 billion Stargate project in the U.S. that aims to build data centers and AI infrastructure in the country. Investors are waiting for details on how SoftBank plans to fund this spending.

In May, SoftBank posted its first annual profit in four years for the fiscal year ended March, helped by gains in SoftBank’s older investments in Alibaba, T-Mobile and Deutsche Telekom.

This is a breaking news story. Please check back for more.

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