SoftBank (WBO:SFTC) Retained Earnings: €9,421 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:SFTC SoftBank Corp WBO:SFTC
76 GF Score
Price €1.06
GF Value €1.08
! 7 Warning Signs
View Full Analysis

What is SoftBank Retained Earnings?

SoftBank WBO:SFTC 76 Retained Earnings is €9,421 Mil as of Mar. 2026. GuruFocus rates WBO:SFTC with a GF Score™ of 76/100 and a GF Value™ of €1.08. The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SoftBank's retained earnings for the quarter that ended in Mar. 2026 was €9,421 Mil.

SoftBank's quarterly retained earnings declined from Sep. 2025 (€9,995 Mil) to Dec. 2025 (€9,099 Mil) but then increased from Dec. 2025 (€9,099 Mil) to Mar. 2026 (€9,421 Mil).

SoftBank's annual retained earnings increased from Mar. 2024 (€9,062 Mil) to Mar. 2025 (€9,897 Mil) but then declined from Mar. 2025 (€9,897 Mil) to Mar. 2026 (€9,421 Mil).


SoftBank  (WBO:SFTC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


SoftBank Retained Earnings Historical Data

* Premium members only.

The historical data trend for SoftBank's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SoftBank Retained Earnings Chart

SoftBank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,663.57 9,727.12 9,062.38 9,897.16 9,421.19

SoftBank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,897.16 9,183.78 9,994.52 9,098.89 9,421.19
WBO:SFTC
76GF Score
SoftBank Corp WBO:SFTC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoftBank Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €9,421 Mil mean?
SoftBank (WBO:SFTC) has a Retained Earnings of €9,421 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on SoftBank and its competitors.
Is SoftBank's Retained Earnings too high?
SoftBank's current Retained Earnings is €9,421 Mil. Overall, SoftBank has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does SoftBank's Retained Earnings compare to TMUS and VZ?
SoftBank's Retained Earnings of €9,421 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on SoftBank and its competitors. SoftBank's current Retained Earnings is €9,421 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftBank stock overvalued right now?
SoftBank (WBO:SFTC) has a current Retained Earnings of €9,421 Mil. The stock's GF Value™ is €1.08, compared to a current price of €1.06 — trading 2.1% below its estimated fair value. The current Retained Earnings is €9,421 Mil. SoftBank's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For SoftBank (WBO:SFTC), the current Retained Earnings is €9,421 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SoftBank (WBO:SFTC) Overvalued in 2026?

Based on GuruFocus' analysis, SoftBank stock appears to be undervalued. The current stock price of €1.06 is trading 2.1% below its estimated GF Value™ of €1.08.

Key valuation signals for WBO:SFTC:

  • Retained Earnings: €9,421 Mil
  • GF Value™: €1.08 vs. price of €1.06 (2.1% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the WBO:SFTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SoftBank Business Description

Address 1-7-1 Kaigan, Minato-ku, Tokyo, JPN, 105-7529
SoftBank is an established, telecommunications services provider in Japan owning a mobile network with around 50 million mobile customers and 24% market share. It also provides some fixed line services, which are mostly resold so are low margin. The company also owns 32.4% of LY Corp, and SoftBank and LY Corp each own 32% of PayPay so SoftBank consolidates PayPay. SoftBank Group sold 33.5% of SoftBank Corp in an IPO in 2018 and has since sold down further to a 40% holding.
76GF Score

Get the complete analysis for WBO:SFTC

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.06
Price
€1.08
GF Value