Nintendo reported its strongest quarterly revenue growth in years, with first-quarter sales more than doubling as the company’s new Switch 2 console achieved record-breaking launch performance.
The Japanese gaming giant posted revenue of ¥572.3 billion ($3.8 billion) for the quarter ended June 30, representing a 132% increase from the prior year period and exceeding analyst estimates of ¥474.8 billion. Operating profit rose 4.4% to ¥56.9 billion, though margins compressed significantly due to the higher costs associated with new hardware production.
Switch 2 sales reached 5.82 million units in its first month following the June 5 launch, with Nintendo claiming the console achieved 3.5 million sales in its first four days — figures the company describes as its best-ever hardware debut. Mario Kart World, the flagship launch title, recorded sales of 5.63 million units including bundled copies.
Despite the strong performance, Nintendo faces headwinds from US trade policy. The company acknowledged “changes in the market environment” including US tariff measures but maintained there was “no significant impact” on its earnings forecast for the fiscal year.
Nintendo reported that demand continues to exceed supply “in many countries,” potentially constraining near-term growth. The company maintained its full-year targets of ¥1.9 trillion in revenue and 15 million Switch 2 unit sales, though some analysts consider these projections conservative given the console’s momentum.
