Business & Finance

SoftBank reports $7 billion second-quarter net loss while shares rise 13.9%

Revenue topped LSEG estimates at 2.22 trillion yen while SoftBank expanded its OpenAI commitment and announced a Malaysia AI venture.

Published Nov 10, 2026 · 17:39 UTC2 reports

The short version

SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen, about $7 billion.[CNBC]
Shares closed 13.9% higher on Tuesday, and revenue of 2.22 trillion yen exceeded LSEG estimates of 2.02 trillion yen.[CNBC]
The company completed a $30 billion follow-on OpenAI investment in October and announced a Malaysia AI infrastructure venture with Grab and PETROS.[CNBC]
Analysts say SoftBank's results are hard to predict because its holdings in OpenAI and Arm Holdings tend to be volatile.[Associated Press]

SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen, about $7 billion.[CNBC]
SoftBank shares closed 13.9% higher on Tuesday.[CNBC]
Revenue stood at 2.22 trillion yen in the quarter, compared with LSEG estimates of 2.02 trillion yen.[CNBC]
SoftBank completed a $30 billion follow-on investment in OpenAI in October, bringing its total investment to $64.6 billion and its ownership stake to approximately 13%.[CNBC]
SoftBank Group announced plans with Grab and Malaysia's PETROS to commit a combined $1.85 billion in initial capital to develop AI infrastructure in Malaysia.[CNBC]
Analysts say SoftBank's financial results are difficult to predict because it invests in volatile companies, including OpenAI and Arm Holdings.[Associated Press]

The Malaysia AI venture is announced plans for initial capital commitments, not completed investments.[CNBC]
Analysts say future results are hard to forecast because of volatile holdings, a view attributed to analysts rather than established by the reporting.[Associated Press]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.