Nintendo has released its financial results for the three months ended June 30, covering sales figures for the Switch 2’s launch period and revealing how many units the system (and its flagship games) sold during Nintendo’s first quarter.
The numbers
For the three months ended June 30, 2025:
- Net sales: ¥572 billion ($3.8 billion), up 132% YoY
- Operating profit: ¥56.8 billion ($377 million) , up 4.4% YoY
- Ordinary profit: ¥95.8 billion ($636 million) , down 15.6% YoY
- Profit attributable to owners of parent: ¥96 billion ($638 million), up 18.6% YoY
The highlights
In its financial report, Nintendo revealed its quarterly revenue has more than doubled in Q1 2025 (up 132% YoY), and that the Switch 2, confirmed to be the fastest-selling console in US history, has “gotten off to a good start.”
Following its release on June 5, the new hybrid console sold 3.5 million units in its first four days, with Nintendo describing this as “the highest-ever global sales level for any of our dedicated video game platforms.”
Nintendo also confirmed the total unit sales for Switch 2 in its first quarter were 5.82 million, with the original Nintendo Switch selling 0.98 million units.
The report goes on to say that demand for the Switch 2 “surpassed” the company’s expectations, and that it’s now “strengthening production to increase supply,” in-line with what Nintendo president Shuntaro Furukawa told investors during an earnings call in July.
While a report last month claimed Switch 2 third-party game sales are “below estimates,” Switch 2 first-party software sales were a success, with launch title Mario Kart World selling 5.63 million units – almost as many units as the console itself. This figure does, however, include units bundled with the Switch 2.
While the company didn’t give exact numbers, it also said that Nintendo Switch titles, which can be played on Switch 2, such as Mario Kart 8 Deluxe and Super Mario Party Jamboree, also “sold well.”
In total, Switch 2 software sales reached 8.67 million units, while Nintendo Switch software sales totaled 24.4 million units.
The company aims to maximize software sales by “maintaining the momentum of Mario Kart World” and through the release of upcoming titles such as Pokémon Legends: Z-A.
Elsewhere in the report, Nintendo reveals that its digital sales are down 13.5% YoY, “mainly due to a decrease in sales of downloadable versions of packaged software for Nintendo Switch.”
Likewise, the company’s “IP-related business” sales dropped 4.4% YoY, which Nintendo says is “mainly due to a decrease in movie-related revenue.”
This isn’t a huge surprise, given it’s been two years since The Super Mario Bros. Movie, which pulled in $500 million globally just nine days after its release in 2023. We expect Nintendo to see a major spike in sales again in 2027, with the release of The Legend of Zelda movie.
Nintendo concluded the report by stating there has been no change to its financial forecast for the rest of this fiscal year, which predicts a 63.1% climb in sales by the end of March 2026.
