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Nintendo earnings Q1 2025

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Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches of yesteryear.

Kiyoshi Ota | Bloomberg | Getty Images

Nintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.

Sales of Nintendo’s Switch 2 now total 5.82 million units, the company said in an update on its investor relations website Friday.

Here’s how Nintendo did in the quarter ending on June 30 versus LSEG estimates:

  • Revenue: 572.3 billion Japanese yen ($3.8 billion), up 132% year-over-year and above the 474.84 billion yen expected.
  • Operating profit: 56.9 billion yen, versus 53.46 billion yen expected.

Nintendo shares have rallied roughly 40% so far this year on the back of excitement about the tech giant’s new Switch 2 hybrid console.

The device, which launched on June 5, sold more than 3.5 million units in its first four days and Nintendo expects it will hit 15 million unit sales in the fiscal year ending March 2026.

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