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SoftBank posts $1.6 bn profit

Financial Express Kochi

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February 13, 2026

QUARTERLY SCORECARD

- REUTERS

JAPAN'S SOFTBANK GROUP booked a fourth consecutive quarterly profit on Thursday, helped by the rising valuation of its OpenAl investment and took on more debt as it deepened its exposure to the red-hot artificial intelligence sector.

SoftBank reported a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, compared with a net loss of 369 billion yen over the same period the previous year.

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