SoftBank Q1 Net Profit Beats on $8.2B Intel Windfall and $2.2B ByteDance Markup

SoftBank reported Q1 net profit of ~$2.2B, well above the ~$761M consensus, driven by a ¥1.33T (~$8.2B) markup on its 2% Intel stake taken for ~$2B in mid-2025 as Intel shares tripled. Its Vision Fund posted $1.7B in gains led by a $2.2B ByteDance uplift. Shares fell 4.4% as investors weighed the AI-heavy portfolio's concentration risk.