Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original
Tariffs are pushing prices up but only for the original Switch and Switch 2 accessories, not the Switch 2 itself. @gameoverthirty : My summary of Nintendo's Q1 FYE March 26 investor report: — TLDR: Record breaking sales tempered by expected costs and expenses. — Switch 2 total sell-thru (now): 6M units — Slide Deck: www.nintendo.co.jp/ir/pdf/2025/ ... Financials: www.nintendo.co.jp/ir/pdf/2025/ ... [image] Mastodon: Dare Obasanjo / @carnage4life@mas.to : The Switch 2 is a massive hit for Nintendo. They announced earnings yesterday and they grew revenue 132% year over year with ¥572.3B ($3.8B) earned versus ¥474.84B ($3.15B) expected. The stock is up +40% this year. — The company has also announced price hikes for the original Switch and Switch 2 accessories due to tariffs (but not the Switch 2 itself). … X: @actualaero : Almost 97% of Nintendo Switch 2 owners have Mario Kart World LMAOOO 😭 The number will decrease as more system-seller level games release but it's hilarious to see such an insane attach rate with how much the system has already sold [image] Christopher Dring / @chris_dring : Nintendo's 15m sales estimate for the FY for Switch 2 may seem conservative. But Holiday is a big unknown for them. We knew it was going to sell strongly in June. But how has global price rises impacting the more mainstream audience? We'll get a sense of that in calendar Q4 David Gibson / @gibbogame : Will disagree on the game sales and conclusions. Was always going to be slower than Switch 1 as less 1st party games. Nintendo was never going to revise the outlook at 1Q. Company will not have to raise prices as analyst claim.China is 30% of US supply so cutting tariff matters! Daniel Ahmad / @zhugeex : One interesting point from the Nintendo earnings is that 20% of Switch 2 month one shipments were outside the Americas, Japan, and Europe. The is in contrast to the OG Switch where 11.5% of its LTD sales are outside those regions. Switch 2 launched in more regions on day 1. Forums: r/gaming : Nintendo Switch 2 sold 5.85 million units in 25 days. r/NintendoSwitch2 : Nintendo Switch 2 has sold 5.82 Million Units Worldwide as of June 2025. r/nintendo : Nintendo Switch has now sold 153.10 Million Units Worldwide. Nintendo Switch 2 now at 5.82 Million Units Worldwide as of June 2025. r/Games : Mario Kart World has reached 5.63 million units sold r/NintendoSwitch : Nintendo Switch has reached 153.10 million units sold r/NintendoSwitch : Mario Kart World has reached 5.63 million units sold r/Games : Nintendo Switch has reached 153.10 million units sold, Nintendo Switch 2 has reached 5.82 million units sold
The Switch 2 is a monster hit. Nintendo posted ¥572.3B ($3.8B) in revenue, up 132% YoY and well above the ¥474.8B ($3.15B) expected. The stock's up 40% year to date. — Tariffs are pushing prices up but only for the original Switch and Switch 2 accessories, not the Switch 2 it…
My summary of Nintendo's Q1 FYE March 26 investor report: — TLDR: Record breaking sales tempered by expected costs and expenses. — Switch 2 total sell-thru (now): 6M units — Slide Deck: www.nintendo.co.jp/ir/pdf/2025/ ... Financials: www.nintendo.co.jp/ir/pdf/2025/ ... [i…
Almost 97% of Nintendo Switch 2 owners have Mario Kart World LMAOOO 😭 The number will decrease as more system-seller level games release but it's hilarious to see such an insane attach rate with how much the system has already sold [image]
Nintendo's 15m sales estimate for the FY for Switch 2 may seem conservative. But Holiday is a big unknown for them. We knew it was going to sell strongly in June. But how has global price rises impacting the more mainstream audience? We'll get a sense of that in calendar Q4
Will disagree on the game sales and conclusions. Was always going to be slower than Switch 1 as less 1st party games. Nintendo was never going to revise the outlook at 1Q. Company will not have to raise prices as analyst claim.China is 30% of US supply so cutting tariff matters!
One interesting point from the Nintendo earnings is that 20% of Switch 2 month one shipments were outside the Americas, Japan, and Europe. The is in contrast to the OG Switch where 11.5% of its LTD sales are outside those regions. Switch 2 launched in more regions on day 1.